Boeing has reported a fourth quarter 2024 net loss of $3.86 billion or ($5.46) per share on a year-over-year 31 percent decline in revenue to $15.24 billion. At December 31, 2024, the company’s backlog was valued at $521 billion, including over 5,500 commercial airplanes.

On Tuesday (January 28, 2025), Boeing reported their fourth quarter and full-year 2024 financial results for the period ending December 31, 2024. The company reported a fourth quarter net loss of $3.86 billion or ($5.46) per share on a 31 percent year-over-year decline in revenue to $15.25 billion. For the full year, Boeing reported a net loss of $11.83 billion or ($18.36) per share on a year-over-year decline in revenue of 14 percent to $66.5 billion. At the end of 2024, Boeing’s order backlog was valued at $521 billion, including more than 5,500 commercial airplanes. Boeing ended the fourth quarter with cash and marketable securities totaling $26.3 billion, and available undrawn credit facilities totaling $10.0 billion.
In Tuesday’s announcement, Boeing’s President and Chief Executive Officer, Kelly Ortberg, said,
“We made progress on key areas to stabilize our operations during the quarter and continued to strengthen important aspects of our safety and quality plan. My team and I are focused on making the fundamental changes needed to fully recover our company's performance and restore trust with our customers, employees, suppliers, investors, regulators and all others who are counting on us.”

Boeing's Fourth Quarter and Full Year 2024 Financial Results - Courtesy Boeing
Boeing Commercial Airplanes reported fourth quarter revenue of $4.8 billion and an operating margin of (43.9) percent, attributable to the IAM work stoppage, mandated lower deliveries, and pre-tax charges of $1.1 billion on the 777X and 767 programs.
The 737 program resumed production in Q4 and plans to gradually increase production rates, while the 787 program closed the year with a production rate of five per month, and recently announced plans to expand South Carolina operations. This month, the 777X program resumes FAA certification flight testing, and the company still plans the first delivery of the 777-9 in 2026.
During the fourth quarter, Commercial Airplanes booked 204 net orders, including 100 737-10s for Pegasus Airlines and 30 787-9 Dreamliners for flydubai. Boeing delivered 57 airplanes during the fourth quarter, and ended the year with a backlog of over 5,500 airplanes values at $435 billion.
Boeing (NYSE: BA) is a leading supplier of commercial airplanes, defense, space and security systems, as well as global services. The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP. Boeing supports government and commercial customers in over 150 countries and employs more than 150,000 team members worldwide. As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality, and integrity.
Source: Boeing