The Boeing Company
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of The Boeing Company (BA). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Commercial Airplanes | $16.16B 27.8% | $19.71B 31.5% · +22.0% | $26.03B 39.0% · +32.0% | $33.90B 43.5% · +30.3% | $22.86B 34.3% · -32.6% | $41.49B 46.3% · +81.5% |
| Defense, Space & Security | – | – | – | $24.93B 32.0% | $23.92B 35.8% · -4.1% | $27.23B 30.4% · +13.9% |
| Global Services | – | – | – | $19.13B 24.5% | $19.95B 29.9% · +4.3% | $20.92B 23.3% · +4.9% |
| Defense, Space & Security | $26.26B 45.1% | $26.54B 42.4% · +1.1% | $23.16B 34.7% · -12.7% | – | – | – |
| Global Services | $15.54B 26.7% | $16.33B 26.1% · +5.1% | $17.61B 26.4% · +7.9% | – | – | – |
| Boeing Capital | $261.0M 0.4% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Commercial Airplanes | -$13.85B -85.7% | -$6.38B -32.3% | -$2.34B -9.0% | -$1.64B -4.8% | -$7.97B -34.9% | -$7.08B -17.1% |
| Defense, Space & Security | – | – | – | -$1.76B -7.1% | -$5.41B -22.6% | -$128.0M -0.5% |
| Global Services | – | – | – | $3.33B 17.4% | $3.62B 18.1% | $13.47B 64.4% |
| Defense, Space & Security | $1.54B 5.9% | $1.54B 5.8% | -$3.54B -15.3% | – | – | – |
| Global Services | $450.0M 2.9% | $2.02B 12.4% | $2.73B 15.5% | – | – | – |
| Boeing Capital | $63.0M 24.1% | – | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Sales of products | $47.14B 81.1% | $51.39B 82.5% · +9.0% | $55.89B 83.9% · +8.8% | $65.58B 84.3% · +17.3% | $53.23B 80.0% · -18.8% | $75.36B 84.2% · +41.6% |
| Sales of services | $11.02B 18.9% | $10.90B 17.5% · -1.1% | $10.72B 16.1% · -1.7% | $12.21B 15.7% · +14.0% | $13.29B 20.0% · +8.8% | $14.11B 15.8% · +6.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.