The Boeing (BA) Revenue — Quarter Ended Mar 31, 2023
Revenue increased sharply compared with the same quarter last year, driven by strong sales growth. However, it declined from the prior quarter, reflecting normal sequential variation.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased sharply compared with the same quarter last year, driven by strong sales growth. However, it declined from the prior quarter, reflecting normal sequential variation.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$17.9B
Revenue reported for this quarter.
Quarter-over-quarter
-10.3%
Change from the immediately preceding quarter.
Year-over-year
+28.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$70.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $16.7B | -1.9% |
| Sep 30, 2022 | $16B | +4.4% |
| Dec 31, 2022 | $20B | +35.1% |
| Mar 31, 2023 | $17.9B | +28.1% |
Revenue performance
The reported revenue for the quarter grew significantly year over year, while it contracted versus the immediately preceding quarter.
Quarterly comparison
Compared with the previous quarter, revenue fell, but compared with the same quarter last year, it climbed notably. The trailing twelve-month revenue remained at an elevated level.
What to watch
Monitor whether the sequential revenue decline continues in the next quarter or reverses.