The Boeing 2025 Q2 Earnings Revenue Climbs 34.9%

The Boeing Company, ranking 68th by market capitalization, reported its fiscal 2025 Q2 earnings on July 28th, 2025. The company exceeded revenue expectations, achieving a 34.9% increase compared to the prior year. Guidance remains in-line with previous announcements, focusing on operational improvements. Boeing anticipates maintaining its production rate for the 737 program at 38 per month, with plans to seek approval to increase this pace later in the year.

Revenue

Boeing's revenue for Q2 2025 surged by 34.9% to $22.75 billion, up from $16.87 billion in Q2 2024. The Commercial Airplanes segment led the growth with $10.87 billion, followed by Defense, Space & Security, which generated $6.62 billion. Global Services contributed $5.28 billion. Meanwhile, unallocated items, eliminations, and other factors slightly reduced the total by $23 million, culminating in the overall revenue figure of $22.75 billion.

Earnings/Net Income

Boeing narrowed its losses to $0.92 per share in Q2 2025, a significant improvement from a loss of $2.33 per share in Q2 2024, marking a 60.5% improvement. The company also reduced its net loss by 57.5% to $612 million in Q2 2025 from $1.44 billion in Q2 2024. Despite the improvement, the EPS remains negative, indicating ongoing challenges.

Price Action

The stock price of Boeing has edged up 1.36% during the latest trading day, has climbed 3.09% during the most recent full trading week, and has surged 18.86% month-to-date.

Post-Earnings Price Action Review

A strategy of purchasing Boeing shares 30 days post-earnings release, especially following quarterly revenue growth, has proven effective over the past three years. This approach yielded a compound annual growth rate of 69.20%, with a total return of 29.53% and an excess return of 27.42%. While the strategy showed remarkable returns, it also exhibited high volatility, boasting a 46.52% peak-to-trough drawdown. This indicates substantial risk despite the high returns. The strategy's Sharpe ratio of 1.49 highlights its risk-adjusted performance, suggesting it has been rewarding yet challenging, requiring investors to navigate significant market fluctuations.

CEO Commentary

"Our fundamental changes to strengthen safety and quality are producing improved results as we stabilize our operations and deliver higher quality airplanes, products and services to our customers," said Kelly Ortberg, Boeing President and Chief Executive Officer. The company's performance in the second quarter reflects improved operational performance driven by a significant increase in commercial deliveries. As Boeing looks toward the second half of the year, it remains focused on restoring trust and continuing its recovery amidst a dynamic global environment.

Guidance

Boeing anticipates continued progress in its recovery efforts, emphasizing the importance of stabilizing operations and enhancing product quality. The company plans to maintain its production rate for the 737 program at 38 per month before seeking approval to increase the pace to 42 per month later this year. Overall, Boeing aims to navigate the evolving market landscape while prioritizing trust-building measures and operational improvements.

Additional News

In recent weeks, Boeing announced a leadership change with Stephen Parker stepping in as CEO of Defense, Space & Security, bringing 37 years of experience. Additionally, the company secured a $2.8 billion contract from the U.S. Space Force for satellite development and production, marking a significant defense contract win. In another notable move, Boeing delivered two O3b mPOWER satellites to SES, advancing its presence in global satellite communications. These developments highlight Boeing's strategic efforts to enhance its leadership team and secure pivotal contracts, positioning the company for future growth in both defense and aerospace sectors.