Boeing touts progress as quarterly sales jump 57% on higher deliveries

Boeing Co on Tuesday said it made "significant" progress in 2025 as it reported better than expected fourth quarter sales.

The Arlington County, Virginia-based aircraft manufacturer reported GAAP net earnings of USD8.22 billion in the three months to December, swung from a loss of USD3.86 billion the year prior, or USD10.23 per diluted share compared to losses of USD5.46.

Core earnings, reported on a non-GAAP basis, were USD8.52 billion, or USD9.92 per share, compared to a loss of USD4.04 billion, or USD5.90 per share a year ago.

Earnings benefited from a USD9.6 billion gain on sale associated with closing the Digital Aviation Solutions transaction, which increased EPS by USD11.83, Boeing said.

Revenue increased 57% to USD23.95 billion from USD15.24 billion a year ago, beating USD22.4 billion consensus.

Boeing said sales growth reflected an improved operational performance and higher commercial delivery volume.

"We made significant progress on our recovery in 2025 and have set the foundation to keep our momentum going in the year ahead," said Kelly Ortberg, Boeing president and chief executive officer.

Boeing remains focused on "promoting stable operations, completing our development programs, rebuilding trust with our stakeholders, and fully restoring Boeing to the iconic company we all know it can be," the CEO added.

The company reported operating cash flow of USD1.33 billion and free cash flow (non-GAAP) of USD375 million. Total company backlog grew to a record USD682 billion primarily reflecting 1,173 Commercial Airplanes net orders in the year, with all three segments at record levels.

Commercial Airplanes fourth quarter revenue ballooned to USD11.38 billion from USD4.76 billion, reflecting higher deliveries of 160 (up from 57 year-on-year) and improved operational performance.

Defense, Space & Security sales rose 37% to USD7.42 billion and Global Services revenue increased to by 1.8% to USD5.21 billion.

For 2025 as a whole, Boeing said revenue rose 34% to USD89.43 billion from USD66.52 billion.

GAAP net earnings were USD2.24 billion, or USD2.48 per diluted share, swung from a loss of USD11.83 billion or LPS of USD18.36 a year ago.

Core earnings totalled USD3.24 billion, or USD1.19 per share for the year, compared to losses of USD11.81 billion and USD20.38 per share.