Boeing (BA) Q1 2026 earnings
CNBC • • general
Key Points:
- Boeing reported a smaller-than-expected adjusted loss of 20 cents per share for Q1, significantly better than the anticipated 83 cents loss, with revenue rising 14% to $22.22 billion.
- The company narrowed its net loss to $7 million (11 cents per share) from $31 million a year earlier, reflecting improvements across its commercial aircraft, defense, and services units.
- Boeing's commercial aircraft unit delivered 143 airplanes in Q1, a 10% increase year-over-year, with revenue up 13% to $9.2 billion, though it still posted an operating loss.
- CEO Kelly Ortberg, who took over in August 2024, emphasized teamwork and progress despite challenges, as Boeing continues efforts to recover from years of safety and manufacturing issues.
- Boeing expects certification of the delayed 737 Max 7 and Max 10 models later this year, with deliveries starting in 2027, while production of 737 Max planes is ongoing at about 42 per month pending FAA approval for further increases.
