Boeing (BA) Q3 2026 earnings
CNBC • • general
Key Points:
- Boeing reported a narrowed net loss of $116 million, or 26 cents per share, in Q3, improving from a $5.34 billion loss a year earlier, but its adjusted loss per share of 34 cents missed the expected 21 cents.
- Revenue rose 4% year-over-year to $24.19 billion, driven by a 15% increase in defense unit revenue to $7.94 billion, while commercial aircraft revenue declined 3% to $10.72 billion with a negative operating margin of 6.5%.
- The company delivered 161 commercial airplanes in Q3, slightly more than the previous year, but faces challenges with production costs and supply chain issues impacting profitability in the commercial segment.
- CEO Kelly Ortberg emphasized the need for continued improvements in productivity, efficiency, safety, and quality, noting that production of 737 Max planes is stabilizing but still slower than expected, with plans to increase output next year.
- Boeing recently secured a contract to develop the U.S. Navy’s next-generation fighter jet, signaling a strategic win amid its ongoing recovery efforts.
