Boeing (BA) Operating Expenses (2009 - 2026)

Boeing (BA) posted quarterly Operating Expenses of $2.1 billion for Q1 2026, up 7.36% YoY from $2.0 billion in Q1 2025, and down 20.06% sequentially from $2.6 billion in Q4 2025.

Boeing (BA) Operating Expenses (2009 - 2026) Analysis & Trends

Boeing has disclosed Operating Expenses across 18 years of filings, most recently posting $2.1 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 7.36% year-over-year to $2.1 billion; the TTM figure through Mar 2026 stood at $9.8 billion (up 12.43% YoY), while the FY2025 annual figure was $9.7 billion, up 9.87% from the prior year.
  • Operating Expenses eased to $2.1 billion in Q1 2026, 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.
  • The 5-year median for Operating Expenses is $2.1 billion (2026), against an average of $2.1 billion.
  • Annual changes were most pronounced in 2022 — Operating Expenses declined 11.13% — and 2023, when it soared 52.49%.
  • A 5-year view of Operating Expenses shows it stood at $2.2 billion in 2022, then advanced by 8.63% to $2.4 billion in 2023, then slipped by 7.53% to $2.2 billion in 2024, then advanced by 17.59% to $2.6 billion in 2025, then dropped by 20.06% to $2.1 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $2.1 billion, $2.6 billion, and $2.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 1.03 Bn

Historic Data

Download Data
DateValue
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