MYNORTHWEST NEWS

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

Apr 23, 2025, 10:27 AM

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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.

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