Boeing’s QQ3 2024 results reflect a revenue level of USD 17.84 billion accompanied by a material cost of revenue of USD 21.347 billion, resulting in a negative gross profit of USD 3.507 billion and a substantial operating loss of USD 5.761 billion. Net income registered a loss of USD 6.17 billion, with earnings per share of negative USD 9.97. On a year-over-year basis, revenue declined modestly by 1.46%, while profitability deteriorated aggressively (gross profit year-over-year down ~401%, operating income down ~613%). QoQ, revenue rose about 5.8%, but the group’s margins remained deeply negative, indicating ongoing structural cost challenges and likely one-off program costs or mix effects. Cash flow remained negative in operating activities (USD -1.345 billion) and free cash flow was negative (USD -1.956 billion), underscoring a continued cash burn and balance sheet pressure.