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How Boeing (BA) makes money

Boeing (BA) made $24.2B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Product brought in $20.8B (86%); Service brought in $3.4B (14%).

Drawing the Sankey…

Boeing revenue by segment, Q3 2026Boeing revenue by segment, Q3 2026Product$20.8BService$3.4B
Boeing revenue by quarterBoeing revenue by quarter$19.5BQ1 2025$22.7BQ2 2025$23.3BQ3 2025$23.9BQ4 2025$22.2BQ1 2026$24.6BQ2 2026$24.2BQ3 2026
Boeing: where each dollar of revenue goesBoeing: where each dollar of revenue goesOperating cash flow6¢Free cash flow2¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Product$20.8B85.8%-3%+6%
Service$3.4B14.2%+8%-5%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$24.2B100.0%
Operating cash flow$1.5B6.2%
Free cash flow$464M1.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$24.2B+4%
Q2 2026$24.6B+8%
Q1 2026$22.2B+14%
Q4 2025$23.9B+57%
Q3 2025$23.3B+30%
Q2 2025$22.7B+35%
Q1 2025$19.5B+18%

From Boeing's 10-Q filed Oct 27, 2026 (on EDGAR).

Questions

How does Boeing make money?

Boeing (BA) made $24.2B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Product brought in $20.8B (86%); Service brought in $3.4B (14%).

What is Boeing's biggest business?

Product: $20.8B in the third quarter 2026, 86% of revenue, +6% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.