Boeing Co BA

Revenue Intelligence Report • 73 quarters of SEC filing data • Updated 2026-10-14 • Data through 2026-06-30

Boeing Co's latest quarterly revenue is $24.6B for the period ending 2026-06-30. The model projects $102B across the next four quarters (+8.7% versus the preceding four quarters). The forecast uses G&A data; model selection and estimation exclude the latest quarter, whose retrospective holdout error is 0.2%. These are statistical associations, not estimates of the causal effect of spending.

Investment Thesis

The GAM forecast is based on reported revenue and G&A data through 2026-06-30. Training MAPE measures fit to historical data; the separately reported holdout error measures a withheld quarter. Spending coefficients describe associations and do not establish causation.

Next 4 Quarters
$102.2B
+8.7% YoY
R&D Multiplier
$-0.33 per $1
G&A Multiplier
$4.44 per $1
Training Fit
7.5% MAPE
Retrospective holdout (Q2 FY2026): The model predicted $24.61B vs the actual $24.56B — an error of 0.2%.
Retrospective one-quarter holdout: model fitting and selection exclude this quarter. Historical inputs use the latest available restatements, so this is not a preserved real-time forecast.
Note: The current filings use G&A (GeneralAndAdministrativeExpense). Spending estimates refer to this expense measure, not separately reported SG&A.
⚠ Model limitation: One or more estimated spending associations are negative. These observational coefficients do not establish a causal return on spending.

Revenue Forecast

BA Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q2 FY2026
Period end 2026-06-30		 $24.61B $24.56B $18.58B–$32.61B +8.2% ✓ In range
Q3 FY2026
Period end 2026-09-30		 $24.24B $18.36B–$32.00B +4.2%
Q4 FY2026
Period end 2026-12-31		 $25.85B $19.14B–$34.92B +8.0%
Q1 FY2027
Period end 2027-03-31		 $24.22B $17.88B–$32.81B +9.0%
Q2 FY2027
Period end 2027-06-30		 $27.88B $18.97B–$40.97B +13.5%

Seasonal Factors

Multiplicative seasonal adjustment: These factors capture Boeing Co's systematic quarterly revenue patterns relative to the trend model. A factor of 1.05 means that quarter typically runs 5% above the underlying trend; 0.95 means 5% below. Factors are computed as the median of (actual / fitted) across all available quarters.
Fiscal QuarterSeasonal Factorvs TrendInterpretationObs.
FQ1 (Jan–Mar) 0.984 -1.6% In line with trend 18
FQ2 (Apr–Jun) 1.0371 +3.7% +3.7% above trend 18
FQ3 (Jul–Sep) 1.0204 +2.0% In line with trend 18
FQ4 (Oct–Dec) 1.0196 +2.0% In line with trend 18

Spending and Revenue

BA Spending Timing
Reading this chart: Each line shows the cumulative revenue association per $1 of spending over subsequent quarters. These estimates describe historical associations and do not establish causation.

Time-Varying Spending Associations

Time-varying analysis: A penalized spline model (GAM) tracks the association between log spending and log revenue over 73 quarters. Its coefficients describe conditional historical associations, not causal returns on spending.
Current G&A elasticity: 0.2056x • R&D elasticity: 0.3187x
The model-term chart shows relative absolute term magnitudes. Its percentages are not shares of revenue or causal contributions to growth.
Enhanced forecast: The time-varying model (GAM) was selected using training fit, before evaluating the withheld quarter. Its holdout error is 0.2%.

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Data sourced from SEC EDGAR XBRL filings. SEC source data. Forecast model: GAM; spending associations: ARDL (linear) with 73 quarters. This analysis is for informational purposes only and does not constitute investment advice.

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