Boeing reports Q4 revenue of $23.9 billion

Boeing (NYSE:BA) today reported financial results for the fourth quarter and full year 2025, reflecting continued commercial delivery momentum and strategic progress despite ongoing operational and market challenges.

Fourth-quarter revenue reached $23.9 billion, while full-year revenue totaled $89.5 billion, supported by 160 commercial airplane deliveries in Q4 and 600 deliveries for the full year.

GAAP diluted earnings per share were $10.23 in the fourth quarter, and core EPS (non-GAAP) was $9.92, each benefiting from a $9.6 billion gain on the sale of Digital Aviation Solutions.

Operating cash flow was $1.3 billion in the fourth quarter, and free cash flow (non-GAAP) was $0.4 billion for the quarter but negative $1.9 billion for the full year.

Total company backlog grew to a record $682 billion, representing more than 6,100 commercial airplanes.

During the period under review, the company completed the acquisition of Spirit AeroSystems, enhancing its supply chain control and vertical integration.

Elsewhere, Boeing ended the year with higher cash and investments of $29.4 billion and consolidated debt of $54.1 billion.