In its second quarter results, Boeing has reported a 35 per cent year-on-year increase in revenue across the company, driven by increased deliveries of commercial aircraft.
The US airframer recorded USD 22.7 billion in revenue, an increase from USD 16.866 billion in the same period last year, primarily reflecting 150 commercial aircraft deliveries, up from 92 in Q2 2024.
In particular, the 737 programme increased its production rate to 38 per month in the quarter and plans to stabilise at that rate before requesting approval from the US Federal Aviation Authority to increase to 42 per month later this year.
Overall, Boeing’s Commercial Airplanes division saw significant improvement in the second quarter and first half of 2025 compared to the previous year. Deliveries in Q2 rose by 63 per cent to 150 aircraft, driving an 81 per cent increase in revenues to USD 10.874 billion.
Operating losses narrowed considerably, and operating margins improved to (5.1) per cent. The first half followed a similar trend, with deliveries up 60 per cent to 280 aircraft and revenues increasing by 79 per cent to USD 19 billion, with a corresponding reduction in losses and improved operating margins.
Source: Boeing
Operating cash flow for the quarter was USD 200 million, a major improvement from a negative USD 3.923 billion in Q2 2024. Free cash flow stood at negative USD 200 million, also an improvement from negative USD 4.327 billion in the prior year’s second quarter.
“Our fundamental changes to strengthen safety and quality are producing improved results as we stabilise our operations and deliver higher quality airplanes, products, and services to our customers,” said Kelly Ortberg, Boeing President and Chief Executive Officer. “As we look to the second half of the year, we remain focused on restoring trust and making continued progress in our recovery while operating in a dynamic global environment.”
Boeing CEO Kelly Ortberg meets with 737 team members at the US company’s Seattle Delivery Center.
The total backlog for commercial aircraft now stands at over 5,900 aircraft, valued at USD 522 billion.
Global Services recorded second-quarter revenue of USD 5.3 billion, up 8 per cent from the previous year. During the quarter, Global Services completed the sale of its MRO facility at Gatwick Airport.
PHOTO: Boeing
