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Sep 30, 2022

Boeing Q3 2022 Earnings Report

Boeing's Q3 2022 results reflected higher commercial volume and losses on fixed-price defense development programs.

Key Takeaways

Boeing reported a third-quarter revenue of $16.0 billion, with a GAAP loss per share of ($5.49) and a core loss per share (non-GAAP) of ($6.18). The company generated operating cash flow of $3.2 billion and is on track to achieve positive free cash flow for 2022.

Generated $3.2 billion in operating cash flow.

Resumed 787 deliveries and delivered 9 airplanes.

Recorded losses on fixed-price defense development programs.

Total backlog of $381 billion, including over 4,300 commercial airplanes.

Total Revenue
$16B
Previous year: $15.3B
+4.4%
EPS
-$6.18
Previous year: -$0.6
+930.0%
Commercial Airplanes Backlog
$307B
Previous year: $290B
+5.9%
Defense, Space & Security Backlog
$55B
Global Services Backlog
$19B
Gross Profit
-$822M
Previous year: $1.71B
-148.0%
Cash and Equivalents
$13.5B
Previous year: $9.76B
+38.2%
Free Cash Flow
$2.91B
Previous year: -$507M
-673.2%
Total Assets
$138B
Previous year: $147B
-6.3%

Boeing

Boeing

Boeing Revenue by Segment

Forward Guidance

Boeing is on a solid path to achieving positive free cash flow for 2022.

Revenue & Expenses

Visualization of income flow from segment revenue to net income