The Boeing Company

The Boeing Company Earnings Recaps

BA Industrials 3 recaps
Q1 2026 Apr 22, 2026

Boeing delivers a strong start to 2026, with solid operational gains across its commercial, defense, and services segments, and progress on key certification milestones.

Key takeaways
  • Commercial Airlines stabilized at a 42 aircraft/month rate, with no impact on 2026 delivery targets despite minor wiring nonconformance adjustments.
  • Certification activities advanced for the 737 MAX family and 777-9, with first deliveries anticipated in 2027.
  • Defense & Space units achieved notable milestones, including upcoming first flight of the MQ-25 unmanned refueler and record tanker deliveries.
  • 787 program received FAA certification for increased maximum takeoff weights, enhancing revenue opportunities.
  • Overall, Boeing maintains confidence in long-term market resilience amid regional uncertainties, supported by a record backlog nearing $700 billion.
Full recap
Q3 2025 Oct 31, 2025

Boeing's third-quarter results indicate a turning point with improved operational metrics, positive free cash flow, and a growing backlog, though challenges remain with delayed certifications impacting the 777X program.

Key takeaways
  • Achieved positive free cash flow for the first time since 2023, enhancing liquidity and operational stability.
  • Production increase of 737 aircraft approved to rise to 42 units per month, reflecting recovery in manufacturing capabilities.
  • Delayed certification for the 777X leads to a $4.9 billion noncash charge, pushing first delivery to 2027.
  • Notable progress on 737-7 and -10 design updates with certification anticipated in 2026.
  • Defense sector shows stability with successful contract management and milestone deliveries, including the 100th KC-46 tanker.
Full recap
Q2 2025 Aug 2, 2025

Boeing's Q2 2025 results show continued recovery with increased aircraft deliveries and improved quality metrics, signaling progress amid ongoing challenges.

Key takeaways
  • Delivered 150 commercial jets in Q2, marking the highest quarterly total since 2018, with 280 deliveries in the first half of the year.
  • Achieved and stabilized a production rate of 38 jets per month for the 737, with plans to request FAA approval for an increase to 42 per month.
  • Secured a $2.8 billion contract from the U.S. Space Force, enhancing Boeing's positioning in national security space.
  • Ongoing investments in production stability have reduced traveled work at roll-up by 50% and improved employee safety and quality practices.
Full recap