Boeing reports improved third quarter results

Boeing announced a loss of $116 million for the third quarter of 2026, a significant improvement from a $5.3 billion loss in the same period in 2025. The company’s revenue rose by 4 percent to $24.2 billion, driven mainly by its Defense and Services divisions.

Defense and Services divisions show strong growth

The Defense division saw its operating income quadruple to $492 million, partly due to the sale of HRL Laboratories and increased military program activity. The Services division also grew, with revenue up 4 percent to $5.6 billion and operating income rising 9 percent to $492 million.

Commercial Aviation division faces challenges

The Commercial Aviation division reported a 3 percent drop in revenue to $10.7 billion, despite delivering 161 aircraft. The decline was due to a less favorable mix of aircraft deliveries and higher costs related to production adjustments and supply chain issues. The division recorded a loss of $697 million.

Positive outlook despite challenges

Boeing recorded 300 net aircraft orders during the quarter, with production of the 737 MAX stabilized at 47 aircraft per month and the 787 at eight per month. The company’s order book contains 6,300 aircraft valued at $612 billion, a record high. The 777X program, while still affecting operating margins, is on track for 2027 deliveries.

CEO emphasizes progress and future goals

Kelly Ortberg, Boeing’s CEO, highlighted recent achievements, including the certification of the 737-7 and 737-10 and the company’s selection to build the Navy’s sixth-generation fighter jet. She emphasized continued focus on safety, quality, and efficient operations to meet stakeholder expectations.