Boeing (BA) Operating Expenses (2009 - 2026)
Boeing (BA) posted quarterly Operating Expenses of $2.3 billion for Q2 2026, down 13.1% year-over-year from $2.7 billion in Q2 2025, and up 11.86% quarter-over-quarter from $2.1 billion in Q1 2026.
Boeing (BA) Operating Expenses (2009 - 2026) Analysis & Trends
Boeing (BA) has reported Operating Expenses for 18 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 13.1% year-over-year to $2.3 billion; the TTM figure through Jun 2026 stood at $9.5 billion (up 3.98% YoY), while the FY2025 annual figure was $9.7 billion, up 9.87% from the prior year.
- Operating Expenses grew to $2.3 billion in Q2 2026 per BA's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.7 billion in Q2 2025 and bottomed at $1.4 billion in Q2 2022.
- Historically, Operating Expenses has averaged $2.1 billion across 5 years, with a median of $2.2 billion in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 52.49% — and 2026, when it dropped 13.1%.
- Boeing's Operating Expenses stood at $2.2 billion in 2022, then climbed by 8.63% to $2.4 billion in 2023, then dropped by 7.53% to $2.2 billion in 2024, then climbed by 17.59% to $2.6 billion in 2025, then dropped by 10.58% to $2.3 billion in 2026.
- Business Quant data shows BA's Operating Expenses at $2.3 billion in Q2 2026, $2.1 billion in Q1 2026, and $2.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 499.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.35 Bn |
| 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 |