MYNORTHWEST NEWS

Boeing nets ‘early positive results’ in Q1, beating Wall Street’s expectations

Apr 23, 2025, 10:27 AM

rome alaska airlines seattle nonstop flight...

Alaska Airlines Boeing 737 airliners sit on the tarmac at Seattle-Tacoma International Airport on March 25, 2024 in Seattle, Washington. (Photo: Stephen Brashear, Getty Images)

(Photo: Stephen Brashear, Getty Images)

It was a better-than-expected earnings report for Boeing.

The company reported more than $19.4 billion in revenue in the first quarter of 2025—an 18% increase over last year.

The commercial airplanes division led the way with a 75% increase in revenue compared to Q1 2024. It delivered 130 commercial jets, accounting for more than $8.1 billion in revenues. A significant reason for the improved figures is Boeing’s gradual increase producing 737s. The company is still expected to reach 38 per month this year.

The space and defense side didn’t do as well, logging a 9% decrease in revenue. The company is also in a much better place in terms of cash flow, but Boeing is still struggling in that department.

Boeing’s overall loss

Boeing reported a net loss of $37 billion for the quarter, beating Wall Street’s estimates.

“Our company is moving in the right direction as we start to see improved operational performance across our businesses from our ongoing focus on safety and quality,” Kelly Ortberg, Boeing’s president and chief executive officer, said. “We continue to execute our plan, are seeing early positive results, and remain committed to making the fundamental changes needed to fully recover the company’s performance while navigating the current environment.”

Chris Sullivan is a traffic reporter for KIRO Newsradio. Read more of his stories here. Follow KIRO Newsradio traffic on X.

MyNorthwest News

speed cameras vandalized...

James Lynch

Vandals target Bellevue’s new speed cameras

Just weeks after new speed cameras went up, the Bellevue Police Department said vandals have already started targeting them.

4 minutes ago

Seattle fatal collision motorcycle...

MyNorthwest Staff

Motorcyclist killed in fatal hit-and-run collision near Seattle Pacific University, all directions blocked

A fatal collision blocked all lanes near 6th Avenue W and W Nickerson Street on Wednesday, and Seattle police are currently investigating the cause.

25 minutes ago

Jimothy (1) seattle raccoon ballard lego...

Jason Sutich

Jimothy’s gold rookie card has topped $12,000 on eBay — and bidding ends Sunday

A 13-year-old Mariners fan was the lucky winner of a Jimothy rookie card giveaway and has since listed it for auction on eBay, where the bid sits at $12,000.

47 minutes ago

Parkland bar shooting...

James Lynch

Dozens flee as shots fired out outside Parkland bar

Pierce County deputies are asking for the public’s help after a chaotic early morning shooting outside a packed Parkland bar.

1 hour ago

married at first sight shawn best seattle...

Julia Dallas

Olympic College administrator departs after controversial behavior on ‘Married at First Sight’

New developments have surfaced involving now-former Olympic College administrator and "Married at First Sight" contestant Shawn Best.

1 hour ago

WA imagination library dolly parton...

Aaron Granillo

‘An indefensible cut’: Dolly Parton’s death reignites effort to fund WA’s Imagination Library

The death of Dolly Parton is renewing pressure on Washington lawmakers to fully restore state funding for her Imagination Library, an early literacy program.

2 hours ago

Boeing nets ‘early positive results’ in Q1, beating Wall Street’s expectations