Boeing outsells Airbus in orders for first time in seven years

Boeing (BA) has outperformed Airbus in aircraft orders for the first time since 2018, receiving a net total of 1,075 orders last year.

The company reported 1,175 gross airplane orders for 2025, surpassing Airbus’ 1,000 gross sales. After cancellations, Boeing’s net total of 1,075 orders topped Airbus’ 889. In December alone, Boeing delivered 63 jetliners, marking its highest monthly output since 2023. For the year, Boeing achieved 600 aircraft deliveries—the most in seven years—though Airbus remained ahead in overall deliveries with 793 planes.

Boeing’s orders surge underscores optimism in the recovery of its commercial airplanes segment, which competes with Airbus in producing aircraft carrying more than 130 passengers. Boeing also operates in defence, space, and security, developing military aircraft, satellites, and weaponry, and in global services, providing aftermarket support to airlines.

With a market capitalization of $193.62 billion, Boeing remains a leading player in the Industrials sector, specifically the Aerospace & Defence industry.

Despite strong order growth, Boeing faces significant financial headwinds. The company reported $80.76 billion in revenue over the trailing twelve months, with a three-year revenue growth rate of -1%. Operating and net margins stand at -10.43% and -12.2%, respectively, highlighting ongoing profitability issues.

On the balance sheet, Boeing’s current ratio of 1.18 suggests adequate short-term liquidity, but a debt-to-equity ratio of -6.47 points to substantial leverage concerns. An Altman Z-Score of 1.33 places the company in the distress zone, signaling a potential risk of bankruptcy within the next two years. Insider activity shows a trend of selling, with one insider disposing of 1,366 shares over the past three months.

Despite these financial pressures, Boeing’s record orders indicate that investors and customers are placing renewed confidence in the company’s long-term recovery.

By Vafa Guliyeva