The Boeing (BA) Revenue — Quarter Ended Mar 31, 2024
Revenue declined compared with the prior quarter and the same quarter a year earlier. The filing context describes operating results and liquidity but does not explain the revenue movement.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined compared with the prior quarter and the same quarter a year earlier. The filing context describes operating results and liquidity but does not explain the revenue movement.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16.6B
Revenue reported for this quarter.
Quarter-over-quarter
-24.7%
Change from the immediately preceding quarter.
Year-over-year
-7.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$76.4B
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, 2023 | $19.8B | +18.4% |
| Sep 30, 2023 | $18.1B | +13.5% |
| Dec 31, 2023 | $22B | +10.2% |
| Mar 31, 2024 | $16.6B | -7.5% |
Revenue performance
The reported revenue decreased versus both the immediately preceding quarter and the same quarter one year ago. The downward trend is visible across the four most recent quarters.
Quarterly comparison
Compared with the prior quarter, revenue was lower. Relative to the same quarter one year prior, revenue also declined.
What to watch
Revenue has fallen for two consecutive quarters; the sustainability of the decline warrants attention.