Boeing (BA) Operating Expenses (2009 - 2026)
Boeing's (BA) quarterly Operating Expenses came in at $2.1 billion in Q1 2026, up 7.36% year-on-year from $2.0 billion in Q1 2025, and down 20.06% on a QoQ basis from $2.6 billion in Q4 2025.
Boeing (BA) Operating Expenses (2009 - 2026) Analysis & Trends
Boeing (BA) has 18 years of Operating Expenses data on file, last reported at $2.1 billion in Q1 2026.
- On a quarterly basis, Operating Expenses rose 7.36% year-over-year to $2.1 billion in Q1 2026; TTM through Mar 2026 was $9.8 billion, a 12.43% increase from a year earlier, with the FY2025 full-year figure at $9.7 billion, up 9.87% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.1 billion, down from $2.6 billion in the prior quarter.
- Over the last five years, Operating Expenses for BA reached as high as $2.7 billion in Q2 2025 and fell as low as $1.4 billion in Q2 2022.
- Historically, Operating Expenses has averaged $2.1 billion across 5 years, with a median of $2.1 billion in 2026.
- Across the five-year window, Operating Expenses slipped 11.13% in 2022 and jumped 52.49% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $2.2 billion in 2022, then increased by 8.63% to $2.4 billion in 2023, then fell by 7.53% to $2.2 billion in 2024, then increased by 17.59% to $2.6 billion in 2025, then retreated by 20.06% to $2.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $2.1 billion in Q1 2026, $2.6 billion in Q4 2025, and $2.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 370.01 Bn | 360.67 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 289.51 Bn | 281.20 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 175.23 Bn | 155.21 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.81 Bn | 128.02 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 111.46 Bn | 109.03 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 103.47 Bn | 99.14 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 75.90 Bn | 73.59 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 72.86 Bn | 68.97 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 50.70 Bn | 50.11 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Embraer | 49.85 Bn | 47.89 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.10 Bn |
| Dec 31, 2025 | 2.63 Bn |
| Sep 30, 2025 | 2.42 Bn |
| Jun 30, 2025 | 2.70 Bn |
| Mar 31, 2025 | 1.96 Bn |
| Dec 31, 2024 | 2.23 Bn |
| Sep 30, 2024 | 2.24 Bn |
| Jun 30, 2024 | 2.33 Bn |
| Mar 31, 2024 | 2.03 Bn |
| Dec 31, 2023 | 2.42 Bn |
| Sep 30, 2023 | 2.00 Bn |
| Jun 30, 2023 | 2.08 Bn |
| Mar 31, 2023 | 2.05 Bn |
| Dec 31, 2022 | 2.22 Bn |
| Sep 30, 2022 | 1.95 Bn |
| Jun 30, 2022 | 1.37 Bn |
| Mar 31, 2022 | 1.50 Bn |
| Dec 31, 2021 | 1.67 Bn |
| Sep 30, 2021 | 1.67 Bn |
| Jun 30, 2021 | 1.54 Bn |