Boeing Co (NYSE:BA, XETRA:BCO) reported better-than-expected fourth quarter financial results, driven by increased commercial aircraft deliveries and a gain tied to the sale of a business unit.
The aerospace manufacturer posted Q4 revenue of $23.95 billion, up 57% from a year earlier and above analysts’ expectations of $22.6 billion.
Boeing delivered 160 commercial airplanes during the quarter, contributing to stronger results in its commercial aviation segment. Commercial airplane revenue rose to $11.38 billion, exceeding expectations of $10.72 billion.
Net earnings for the quarter totaled $8.22 billion, or $10.23 per diluted share, compared with a loss of $3.86 billion, or $5.46 per share, a year earlier.
On an adjusted basis, Boeing reported earnings per share (EPS) of $9.92. Analysts had been expecting a loss of $0.39 per share.
The company’s results were significantly influenced by a $9.6 billion gain associated with the closing of Boeing’s Digital Aviation Solutions transaction.
For the full year, the company delivered 600 commercial airplanes, up from 348 in 2024, marking its highest annual delivery total since 2018.
For full-year 2025, Boeing generated revenue of $89.5 billion, a 34% increase from the prior year.
The company reported net earnings of $2.24 billion, or $2.48 per share, compared with a net loss of $11.8 billion in 2024.
Boeing said its total company backlog grew to a record $682 billion, including more than 6,100 commercial airplanes.
During the quarter, the company also completed its acquisition of Spirit AeroSystems in December, a move it said underscores its commitment to safety, quality, and production stability.
"We made significant progress on our recovery in 2025 and have set the foundation to keep our momentum going in the year ahead," Boeing CEO Kelly Ortberg said in a statement. "We completed the acquisition of Spirit AeroSystems and the sale of portions of the Digital Aviation Solutions business and remain focused on promoting stable operations, completing our development programs, rebuilding trust with our stakeholders, and fully restoring Boeing to the iconic company we all know it can be."
Shares of Boeing traded down 1.8% at about $244 amid concerns over sustainable profitability.