Boeing Co reported results for the quarter ended 2026 with revenue of $24.56B, a narrower net loss of ($428M) versus ($612M) a year earlier, and diluted loss per share of ($0.67) compared with ($0.92) in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$24.56B$22.75B8% | Net income²($428M)($612M)30.1% | Diluted EPS³($0.67)($0.92)27.2% |
¹ Reported as “Total revenues”. ² Reported as “Net loss”. ³ Reported as “Diluted loss per share”.
Business Highlights
- Revenue growth and mix: Consolidated revenues rose year-over-year (6M: $46.8B vs $42.2B) driven by higher Boeing Defense, Space & Security (BDS) and Boeing Commercial Airplanes (BCA) volumes, with delivery-related revenue gains across BCA and BDS.
- Backlog and orders: BCA backlog expanded to $596.7B as of 6/30/26 led by 737 orders; contractual backlog increased materially, partially offset by $2.8B of cancellations mostly tied to 737.
- Production and testing: 737 production ramped to a rate of 47+ per month and a new 737 line entered low-rate production; 777X flight testing is progressing toward a targeted 2027 first delivery.
- Services and margins: Global Services revenue showed modest gains; Boeing Global Services faced margin pressure from a divestiture and an ERP transition, though backlog and government services remained resilient.
- Program and supply risks: Several programs (777X, 737-7/10, KC-46A, VC-25B, T-7A) face certification, supplier and reach-forward loss risks that could affect future performance.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.