Boeing (BA) Operating Expenses (2009 - 2026)
Boeing's (BA) quarterly Operating Expenses came in at $2.3 billion in 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.
Analysis
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.
- On a quarterly basis, Operating Expenses fell 13.1% year-over-year to $2.3 billion in Q2 2026; TTM through Jun 2026 was $9.5 billion, a 3.98% increase from a year earlier, with the FY2025 full-year figure at $9.7 billion, up 9.87% from the prior year.
- Operating Expenses was $2.3 billion for Q2 2026 at Boeing, up from $2.1 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 $2.2 billion in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 52.49% in 2023 and slipped 13.1% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $2.2 billion in 2022, then gained by 8.63% to $2.4 billion in 2023, then decreased by 7.53% to $2.2 billion in 2024, then gained by 17.59% to $2.6 billion in 2025, then decreased by 10.58% to $2.3 billion in 2026.
- The last three Operating Expenses figures came in at $2.3 billion (Q2 2026), $2.1 billion (Q1 2026), and $2.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 267.14 Bn | 258.84 Bn | 9.91 Bn | 21.96 Bn |
| 2 | Boeing | 163.65 Bn | 143.63 Bn | 2.41 Bn | 2.35 Bn |
| 3 | Howmet Aerospace | 93.36 Bn | 92.80 Bn | 951.00 Mn | 156.00 Mn |
| 4 | Honeywell International | 65.01 Bn | 55.81 Bn | 3.65 Bn | 1.87 Bn |
| 5 | TransDigm | 64.58 Bn | 61.80 Bn | 1.63 Bn | 332.00 Mn |
| 6 | Heico | 43.72 Bn | 43.48 Bn | 580.99 Mn | 1.06 Bn |
| 7 | AerCap Holdings | 24.34 Bn | 24.34 Bn | - | 1.37 Bn |
| 8 | Woodward | 20.10 Bn | 19.62 Bn | 349.91 Mn | 165.05 Mn |
| 9 | FTAI Aviation | 19.00 Bn | 18.66 Bn | 317.30 Mn | 758.28 Mn |
| 10 | Textron | 13.90 Bn | 12.46 Bn | 304.00 Mn | 427.00 Mn |
Historic Data
Download Data
Historic 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 |