The research and development expenses of Boeing increased to $2,852 million in 2022 compared to $2,249 million in the prior fiscal. The company experienced growth in its net revenue in 2022 compared to the prior year. However, the aircraft maker has continued to experience net losses since 2019. In 2022, its total net loss remained $5,053 million.
Boeing experienced growth in its total net revenue in 2022 compared to the prior year. However, it incurred net loss higher than the previous year. Boeing’s total net revenue in 2022 remained $66,608 million compared to $62,286 million in the prior year. However, its net loss also grew to $5,053 million in 2022 compared to $4,290 million in 2021. Boeing has continued to incur net losses over the past four years. In 2019, it had incurred a net loss of $636 million, which increased to $11,940 million in 2020.
Research and Development expenses of Boeing 2010-2022
Amounts are in millions.
| Year | R&D Expenses |
|---|---|
| 2022 | $2,852 |
| 2021 | $2,249 |
| 2020 | $2,476 |
| 2019 | $3,219 |
| 2018 | $3,269 |
| 2017 | $3,179 |
| 2016 | $4,626 |
| 2015 | $3,331 |
| 2014 | $3,047 |
| 2013 | $3,071 |
| 2012 | $3,298 |
| 2011 | $3,918 |
| 2010 | $4,121 |
Boeing spent $2,249 million on research and development in 2021 compared to $2,476 milllion in 2020.
Research and development expenses of Boeing rose to $3.27 Billion in 2018 from $3.18 Billion in 2017.
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 ).