Boeing Net Income

Boeing incurred a net loss of $5,053 million in 2022. In the previous fiscal (2021), the company had incurred a net loss of $4,290 million. The net revenue of the company increased in 2022 compared to the prior year. Its total net revenue in 2022 remained $66,608 million compared to $62,286 million in 2021. Boeing has suffered net losses over the past three years. Boeing delivered total 480 commercial airplanes in 2022 compared to 340 in the prior year.

Boeing has divided its business into three segments – Boeing defense, space and security, commercial airplanes and Boeing global services. the largest of the three segments is commercial airplanes based on net sales followed by defense, space and security.

Net Earnings of Boeing 2005-2022

Amounts are in millions.

YearNet Earnings/loss ($Millions)
2022$(5,053)
2021$(4,290)
2020$(11,941)
2019$(636)
2018$10,460
2017$8,458
2016$5,034
2015$5,176
2014$5,446
2013$4,585
2012$3,900
2011$4,018
2010$3,307
2009 $1,312 
2008 $2,672 
2007 $ 4,074 
2006 $ 2,215
2005 $ 2,572

2021: In fiscal 2021, Boeing incurred a net loss of $4,290 million compared to a net loss of $11,941 million in the previous year.  Boeing has continuously incurred net losses over the past three years. In fiscal 2021, Boeing delivered total 340 commercial airplanes compared to 157 in the prior year.

2020: Boeing’s total net revenue and net income declined significantly in 2020 compared to 2019. The company generated total $58,158 million in 2020 compared to $76,559 million in 2019. Boeing’s net loss grew significantly in 2020 compared to 2019. Its 2020 net loss remained $11,941 million compared to a net loss of $636 million in the prior year. In 2020, Boeing delivered only 157 commercial airplanes compared to 380 in the prior year.

Net Earnings of Boeing increased to $10.5 Billion in 2018 from $8.46 Billion previous year.

Boeing is one of the world’s leading aerospace firms. Its business is divided into four operating segments that include :

  • Commercial Airplanes (BCA);
  • Defense, Space & Security ( BDS );
  • Global Services ( BGS );
  • Boeing Capital ( BCC ).

Commercial airplanes are the leading source of revenue for Boeing accounting for almost 60% of its revenue in 2018. Boeing’s revenue from the commercial airplanes segment increased to $60,715 million in 2018 from $58,014 million in 2017. Total revenue of Boeing in 2018 was $101.13 Billion.