Boeing (BA) Operating Expenses (2009 - 2026)
Boeing (BA) reported Operating Expenses of $2.1 billion for Q1 2026, up 7.36% year-over-year from $2.0 billion in Q1 2025, and down 20.06% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $2.1 billion, up 7.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.8 billion (up 12.43% YoY), and the FY2025 annual result was $9.7 billion, up 9.87% from the prior year.
- Operating Expenses retreated to $2.1 billion in Q1 2026 per BA's latest filing, from $2.6 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $2.7 billion in Q2 2025 and troughed at $1.4 billion in Q2 2022.
- A 5-year average of $2.1 billion and a median of $2.1 billion in 2026 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses declined 11.13% in 2022, then soared 52.49% in 2023.
- 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.
- Business Quant data shows BA's Operating Expenses at $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 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 1.85 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 10.18 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 19.59 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.10 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 120.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 12.06 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 8.89 Bn |
| 10 | TransDigm | 74.20 Bn | 70.32 Bn | 1.51 Bn | 273.00 Mn |
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 |