Boeing Reports Second Quarter Results

Financial Performance - The Boeing Company reported second quarter 2025 revenues of $22.7 billion, a 35% increase from $16.9 billion in the same quarter of 2024 [1] - The net loss for the second quarter was $612 million, compared to a loss of $1.4 billion in the prior year, indicating significant improvement [1][21] - Operating cash flow was $227 million, a notable recovery from a negative cash flow of $3.9 billion in the second quarter of 2024 [2][24] Segment Performance - The Commercial Airplanes segment achieved revenues of $10.9 billion in the second quarter, an 81% increase from $6.0 billion in the same quarter of 2024, driven by 150 commercial deliveries [6][8] - The Defense, Space & Security segment reported revenues of $6.6 billion, a 10% increase from $6.0 billion in the previous year, with an operating margin of 1.7% compared to a loss margin of 15.2% in 2024 [9][10] - Global Services generated revenues of $5.3 billion, reflecting an 8% increase from $4.9 billion in the same quarter of 2024, with an operating margin of 19.9% [11] Backlog and Orders - The total company backlog grew to $619 billion, including over 5,900 commercial airplanes valued at $522 billion [4][5] - The Commercial Airplanes segment booked 455 net orders in the quarter, including significant orders from Qatar Airways and British Airways [8][9] Cash and Debt Management - Cash and investments in marketable securities totaled $23.0 billion, down from $23.7 billion at the beginning of the quarter, primarily due to debt repayment [3] - Consolidated debt decreased to $53.3 billion from $53.6 billion in the previous quarter, indicating effective debt management [3][5] Operational Improvements - The production rate for the 737 program increased to 38 per month, with plans to stabilize before seeking approval for a further increase [7] - The company emphasized improvements in safety and quality, contributing to better operational performance and customer trust [2]