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Jun 30, 2022

Boeing Q2 2022 Earnings Report

Boeing's Q2 2022 results reflected progress across key programs, positive operating cash flow, and ongoing efforts to improve stability and performance.

Key Takeaways

Boeing reported second-quarter revenue of $16.7 billion, GAAP earnings per share of $0.32, and a core loss per share (non-GAAP) of ($0.37). The company generated positive operating cash flow of $0.1 billion and is on track to achieve positive free cash flow for 2022.

Generated positive operating cash flow in the second quarter.

Increased 737 production to 31 per month.

Successfully completed CST-100 Starliner uncrewed Orbital Flight Test-2 (OFT-2).

Total backlog of $372 billion; including over 4,200 commercial airplanes.

Total Revenue
$16.7B
Previous year: $17B
-1.9%
EPS
-$0.37
Previous year: $0.4
-192.5%
Commercial Airplanes Backlog
$297B
Previous year: $285B
+4.2%
Defense, Space & Security Backlog
$55.4B
Previous year: $59B
-6.1%
Global Services Backlog
$19B
Previous year: $19B
-0.4%
Gross Profit
$2.12B
Previous year: $2.41B
-12.0%
Cash and Equivalents
$10.1B
Previous year: $8.27B
+22.0%
Free Cash Flow
-$182M
Previous year: -$705M
-74.2%
Total Assets
$135B
Previous year: $149B
-9.0%

Boeing

Boeing

Boeing Revenue by Segment

Forward Guidance

Boeing expects to achieve positive free cash flow for 2022.

Positive Outlook

  • Remain on track to achieve positive free cash flow for 2022.

Revenue & Expenses

Visualization of income flow from segment revenue to net income