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Boeing Slashes Cash Burn, Signals 2025 Turnaround in Q2 Earnings Beat
Boeing Slashes Cash Burn, Signals 2025 Turnaround in Q2 Earnings Beat
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Boeing delivered a decisive second-quarter performance, reporting $22.75 billion in revenue—a 34.9% year-over-year surge that eclipsed analyst estimates by 5.3%. The aerospace giant narrowed its adjusted EPS loss to $1.24, outperforming the anticipated -$1.31, while operating margins improved dramatically to -0.8% from -6.5% last year.
Cash burn plummeted to $200 million, a stark reversal from $4.3 billion in Q2 2024. CEO Kelly Ortberg's declaration of 2025 as Boeing's turnaround year gained credibility as the backlog swelled to $618.5 billion, reflecting robust demand across commercial and defense segments. Despite the progress, shares dipped 3.79% to $227.46 midday.
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