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Screener / SEC EDGAR /CIK 0000012927 /10-K filed Jan 30, 2026, compared with Feb 3, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
FDXLMTBARTXUPSCAT
NYSE Industrials · Aerospace

Boeing BA

BA quote by TradingView

The Boeing Company, together with its subsidiaries (herein referred to as “Boeing,” the “Company,” “we,” “us,” “our”), is one of the world’s major aerospace firms. 10-K, Item 1

Headquarters
Arlington, VA
CEO
Robert Kelly Ortberg
Next results
around Jan 26, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $89.5B through the costs to a net profit of $2.2B · income statement of the 10-K

5% operating margin
Revenue to Gross profit: $4.3BRevenue to Cost of revenue: $85.2BGross profit to Operating profit: $4.3BGross profit to Operating expenses: $8.0MOperating profit to Net profit: $2.2BOperating profit to Tax & other: $2.0B Revenue: $89.5B REVENUE $89.5B +34% Y/Y Gross profit: $4.3B · 5% margin GROSS PROFIT $4.3B 5% margin Cost of revenue: $85.2B · 95% of revenue COST OF REVENUE $85.2B 95% of revenue Operating profit: $4.3B · 5% margin OPERATING PROFIT $4.3B 5% margin Operating expenses: $8.0M · 0% of revenue OPERATING EXPENSES $8.0M 0% of revenue Net profit: $2.2B · 2% margin NET PROFIT $2.2B 2% margin Tax & other: $2.0B · 2% of revenue TAX & OTHER $2.0B 2% of revenue
Gross profit $4.3B 5% margin
Operating profit $4.3B 5% margin
Net profit $2.2B 2% margin
The full income statement, year by year

BA among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 34.5%, above 99% of 81 peers (their median 4.6%) REVENUE GROWTH 34.5% · above 99% Operating margin: 10.3%, above 23% of 71 peers (their median 17.5%) OPERATING MARGIN 10.3% · above 23% Net margin: 8.1%, above 26% of 81 peers (their median 13.0%) NET MARGIN 8.1% · above 26% FCF margin: 0.0%, above 3% of 78 peers (their median 13.3%) FCF MARGIN 0.0% · above 3% Return on capital: 6.4%, above 9% of 65 peers (their median 14.2%) RETURN ON CAPITAL 6.4% · above 9%
BA Peer median Below the median

What changed

5 new risk paragraphs and 2 accounting facts worth reading about. 10-K filed Jan 30, 2026 against Feb 3, 2025.

Risk factors
5 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Cash from operations lower than net income
Cash from operations $1.1B vs net income $2.2B (FY ending Dec 31, 2025)
10-K · XBRL
Critical audit matters changed
New this year: Table of Co ntents (“• We observed the project work site to evaluate tangible or physical progress of the project against assumptions used by management in developing its cost and schedule estimates.”); Table of Co ntents (“• We evaluated communications with regulatory bodies to assess consistency between management’s certification timeline assumptions and cost and revenue estimates.”); Table of Co ntents (“• We assessed the status of the comprehensive product safety and quality plan and related production health metrics to evaluate if there was contradictory evidence that the Program would not meet its production rate schedule.”). Same as last year: Cost Estimates for Fixed-Price Development Contracts; Program Accounting Estimates for the 777X program; Program Accounting Estimates for the 737 program
10-K · XBRL
Accounting checks
8 other checks clear, 2 worth a look
10-K · XBRL
Insiders
2 open-market buys in the last 90 days
Form 4
Filings
4 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

2facts worth reading about the other 8 checks found nothing to note

  • Cash from operations lower than net income
    Cash from operations $1.1B vs net income $2.2B (FY ending Dec 31, 2025)
  • Critical audit matters changed
    New this year: Table of Co ntents (“• We observed the project work site to evaluate tangible or physical progress of the project against assumptions used by management in developing its cost and schedule estimates.”); Table of Co ntents (“• We evaluated communications with regulatory bodies to assess consistency between management’s certification timeline assumptions and cost and revenue estimates.”); Table of Co ntents (“• We assessed the status of the comprehensive product safety and quality plan and related production health metrics to evaluate if there was contradictory evidence that the Program would not meet its production rate schedule.”). Same as last year: Cost Estimates for Fixed-Price Development Contracts; Program Accounting Estimates for the 777X program; Program Accounting Estimates for the 737 program
  • Receivables +11.0% vs revenue +34.5% (-23.5 pts)
7 more checks with nothing to note
  • Same auditor in both 10-Ks: Deloitte & Touche LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

5 paragraphs in Risk Factors that were not in the 10-K filed Feb 3, 2025. Quoted as filed.

All 5 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 3, 2025 10-K, ITEM 1A
    The global trade environment remains highly dynamic and continues to evolve. Current U.S. trade policy includes the imposition of baseline, sectoral or country-specific tariffs on imports. Other countries have announced retaliatory actions or plans for retaliatory actions. Tariffs and any retaliatory actions could significantly increase…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 3, 2025 10-K, ITEM 1A
    Impacts from potential deterioration in geopolitical or trade relationships between the U.S. and other countries, particularly China and European Union member states, including as a result of the risks described above, could have a material adverse impact on our financial position, results of operations and/or cash flows.
  3. Item 1A · new paragraph · not in the 10-K filed Feb 3, 2025 10-K, ITEM 1A
    With respect to each of our commercial aircraft programs, inventoriable production costs (including
  4. Item 1A · new paragraph · not in the 10-K filed Feb 3, 2025 10-K, ITEM 1A
    Airbus, and if we are unable to satisfy our obligations to these third parties or if they assert claims against us, our business and financial condition could be adversely affected.

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$66.6B$77.8B$66.5B$89.5B
Net income−$4.9B−$2.2B−$11.8B$2.2B
Operating cash flow$3.5B$6.0B−$12.1B$1.1B
Free cash flow$2.3B$4.4B−$14.3B−$1.9B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$89.5B ▲ 34.5% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

4 filings in the last 30 days · SEC EDGAR

All filings

About the company

Boeing, Arlington, VA · from the 10-K filed Jan 30, 2026

The Boeing Company, together with its subsidiaries (herein referred to as “Boeing,” the “Company,” “we,” “us,” “our”), is one of the world’s major aerospace firms. We are organized based on the products and services we offer. We operate in three reportable segments: This segment develops, produces and markets commercial jet aircraft principally to the commercial airline industry worldwide. We are a leading producer of commercial aircraft and offer a family of commercial jetliners designed to meet a broad spectrum of global passenger and cargo requirements of airlines.

Headquarters
Arlington, VA
Country
United States
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
DE

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Sources

The 10-K filed Jan 30, 2026 (open at SEC), compared with the 10-K filed Feb 3, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/BA/export.csv") into a cell.