Boeing Q2 2023 Earnings Report
Key Takeaways
Boeing's second quarter revenue reached $19.8 billion, with a GAAP loss per share of ($0.25) and a core loss per share (non-GAAP) of ($0.82). The company generated $2.9 billion in operating cash flow and $2.6 billion in free cash flow (non-GAAP).
737 production transitioning to 38 per month; increased 787 production to four per month
Revenue increased to $19.8 billion primarily reflecting 136 commercial deliveries
Operating cash flow of $2.9 billion and free cash flow of $2.6 billion (non-GAAP); cash and marketable securities of $13.8 billion
Total company backlog of $440 billion, including over 4,800 commercial airplanes
Boeing
Boeing
Boeing Revenue by Segment
Forward Guidance
Boeing reaffirms guidance: $4.5-$6.5 billion of operating cash flow and $3.0-$5.0 billion of free cash flow (non-GAAP)
Revenue & Expenses
Visualization of income flow from segment revenue to net income