Boeing earnings: third quarter 2026
In the third quarter of 2026 Boeing's sales rose 4% to $24.2 billion and its loss shrank to $116 million from $5.3 billion a year earlier. The business brought in cash, paid down a lot of debt and built a record order book, but it is still not making a profit. 1
Against what analysts expected
Boeing lost $0.26 per share, a slightly bigger loss than the $0.21 analysts expected on average, according to Nasdaq's earnings calendar. That figure already includes the one-time gain from the HRL Laboratories sale. 12
The strong points
- Boeing's day-to-day business brought in $1.5 billion of cash in the quarter, up from $1.1 billion a year earlier, after burning cash over the same months last year. 1
- Boeing repaid $8.4 billion of debt in the first nine months of the year, which is already lowering its interest bill. 1
- The defense and space business grew sales 15%, and its profit from running the business was about $240 million once a one-time gain from selling HRL Laboratories is left out, against $114 million a year earlier. 1
The weak points
- Boeing still lost money: a net loss of $116 million, or $0.26 per share. 1
- The cash came mainly from customers paying $8.1 billion more in advance, and most of that went into building up stock, which now stands at $90.9 billion. 1
- Over nine months Boeing spent $3.0 billion on factories and equipment, more than the cash its business brought in, so the cash left after investment was slightly negative. 1
What the company expects
- Boeing gives no forecast for the rest of the year, but its order book of work not yet delivered reached a record $745 billion, including over 6,300 commercial planes, up from $682 billion at the end of 2025. 1
- US regulators approved the 737-7 and, in October, the 737-10, two models customers have long waited for. 1
Our verdict on the quarter
A mixed report. Record orders, positive cash and fast debt repayment show a business on firmer ground, but Boeing still lost money, a little more than analysts expected even with a one-time gain, and its cash leans on customer prepayments.
The results as published
Notes
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