The Boeing Company filed its third quarter 2026 earnings release on October 27, 2026, reporting revenue of $24.2 billion, a GAAP net loss of $116 million, and operating cash flow of $1.5 billion for the three months ended in the third quarter of 2026.

Key Highlights

  • Revenue up 4%: Third quarter revenues reached $24,188 million, compared to $23,270 million in the same quarter of 2025.
  • Narrowed net loss: GAAP net loss was $116 million, or ($0.26) diluted loss per share, versus a net loss of $5,339 million, or ($7.14) per share, in the third quarter of 2025.
  • Operating cash flow: Cash flow from operations was $1,496 million; free cash flow (non-GAAP) was $464 million in the quarter.
  • Record backlog: Total company backlog grew to a record $745 billion at quarter end, including over 6,300 commercial airplanes valued at a record $612 billion.
  • 737 certifications: The 737-7 received amended type certification from the FAA during the quarter, and the 737-10 received certification in October.
  • F/A-XX selection: Defense, Space and Security was selected by the U.S. Navy to design, build and deliver the F/A-XX next-generation fighter aircraft.
  • Defense backlog record: Defense, Space and Security backlog grew to a record $101 billion, with 23 percent representing orders from customers outside the U.S.

Boeing Q3 2026 Segment Performance and Key Developments

According to the filing, The Boeing Company (NYSE:BA) reported third quarter 2026 revenue of $24,188 million, an increase of 4 percent from $23,270 million in the year-earlier period, "primarily reflecting higher defense and services volume and less favorable commercial delivery mix." The company reported GAAP earnings from operations of $354 million and a GAAP net loss of $116 million. Core operating earnings (non-GAAP) were $204 million, with core operating margins of 0.8 percent. Operating cash flow of $1,496 million reflected, the filing noted, "working capital timing partially offset by Department of Justice settlement payments of approximately $0.7 billion."

The Commercial Airplanes segment reported third quarter revenue of $10,720 million and an operating loss of $697 million, or an operating margin of (6.5) percent, which the filing attributed to "less favorable delivery mix, higher projected costs associated with future production rate adjustments and higher estimated supply chain costs." The segment delivered 161 airplanes and booked 300 net orders, including orders from Turkish Airlines, Ethiopian Airlines and Lufthansa. The 737 program continues progressing toward stabilized production of 47 per month, the filing stated, while the 787 program remains stable at 8 per month. The 777X program remains on track for first delivery in 2027, according to the filing.

Defense, Space and Security reported third quarter revenue of $7,935 million, up 15 percent year over year, with operating margins of 6.2 percent. The filing noted that the segment's margin "primarily reflects a $252 million gain on the HRL Laboratories sale and improved operational performance." The F/A-XX contract was described as not yet included in backlog "pending completion of the source selection and evaluation review process." Global Services reported revenue of $5,574 million and operating margins of 18.3 percent. Cash and investments in marketable securities totaled $20.7 billion at quarter end, with consolidated debt of $45.9 billion. The company disclosed access to $10.0 billion in credit facilities, which remain undrawn.

What Was Disclosed

Boeing disclosed its third quarter 2026 financial results, including segment revenues, operating margins, cash flow, and backlog figures, along with operational updates on the 737, 787, and 777X programs and the F/A-XX fighter selection.