Boeing Q3 2026 Earnings: Loss Narrows to $116M
Last updated 2026-10-27 11:58 UTC. Built from Boeing's Form 8-K and press release (accepted by the SEC at 11:30 UTC), checked against CNBC and StockStory.
Boeing lost $116 million in Q3 2026, against $5.3 billion a year earlier
Boeing reported third quarter results on October 27, 2026. Revenue was $24.19 billion, up 4 percent. The net loss was $116 million, or 26 cents a share, compared with a $5.34 billion loss a year earlier, when a charge on the 777X program hit the results. Adjusted (core) loss per share was 34 cents. Operating cash flow was $1.5 billion and free cash flow was $464 million.
$24.2BQ3 revenue, up 4 percent
$745BRecord backlog, up from $715B in Q2
Net loss
$116M
GAAP loss per share
$0.26
Core loss per share
$0.34
Operating margin
1.5%
Free cash flow
$464M
Jets delivered
161
Commercial backlog
6,300+ jets
Cash and securities
$20.7B
Debt
$45.9B
"But we are not done. We remain focused on safety and quality as we redouble our efforts on Lean and disciplined execution.
"Kelly Ortberg (Boeing CEO) in the Q3 release
Where the quarter came from, by division
Defense, Space and Security grew revenue 15 percent to $7.94 billion and earned $492 million, helped by a $252 million gain on the HRL Laboratories sale. Global Services earned $1.02 billion on $5.57 billion of revenue. Commercial Airplanes revenue fell 3 percent to $10.72 billion with a $697 million operating loss, which Boeing blames on delivery mix, production rate adjustment costs and supply chain costs.
What we know: milestones in the release
The 737-7 received amended type certification from the FAA, and the 737-10 followed in October. Boeing says the 737 program continues to progress toward stable production of 47 per month, and the 787 remains at 8 per month. The 777-9 is in certification flight testing and Boeing says first delivery remains on track for 2027. Boeing booked 300 net orders, including Turkish Airlines, Ethiopian Airlines and Lufthansa. Operating cash flow included about $0.7 billion of Department of Justice settlement payments.
What we do not know yet
The press release gives no new financial outlook, and we found no dates for the 737 production rate increase. The US Navy F/A-XX fighter selection is not in backlog while the source selection review finishes, so its value is unknown. We have not heard the earnings call, so any comment from executives on rates, tariffs or cash is missing here. Estimates differ by provider, so check which loss figure (GAAP or core) a source quotes.
Q3 2025 (Boeing release): revenue $23.27B, net loss $5.34B including a 777X charge, operating margin negative 20.5 percent, 160 jets delivered.
Q3 2026 (Boeing release): revenue $24.19B, net loss $116M, operating margin 1.5 percent, 161 jets delivered.
What to watch next
- 2026-10-27: Boeing earnings call, 10:30 AM ET (14:30 UTC), per CNBC.
- Next: Boeing files its quarterly report (Form 10-Q) with full detail. No date found.
- Next: the Navy F/A-XX order enters backlog after the source selection review. No date given.
- Next: 737 production above 47 a month. CNBC says Boeing plans an increase next year.
- 2027: first 777-9 delivery, per the release. No month given.
How we know this. Figures, quotes and milestones come from Boeing's Form 8-K and its Exhibit 99.1 press release (accepted 11:30 UTC). The earnings call time and the production comments come from CNBC (first published 11:00 UTC). The adjusted loss comparison comes from StockStory (11:42 UTC). Q2 2026 figures come from Boeing's Q2 press release. Not investment advice.
