Q1 26 EPS
$-0.20
BEAT +70.52%
Est. $-0.68
Q1 26 Revenue
$22.22B
BEAT +1.39%
Est. $21.91B
Did BA Beat Earnings? Q1 2026 Results
Boeing posted a narrowing loss in the first quarter of 2026, with revenue climbing 14% year-over-year to $22.22 billion as higher commercial airplane deliveries drove the topline recovery, while a core loss per share of $0.20 marked a meaningful impr… Read more Boeing posted a narrowing loss in the first quarter of 2026, with revenue climbing 14% year-over-year to $22.22 billion as higher commercial airplane deliveries drove the topline recovery, while a core loss per share of $0.20 marked a meaningful improvement from the $0.49 loss recorded a year ago. The headline story was operational progress: commercial deliveries rose to 143 aircraft from 130 in the prior-year period, helping limit the Commercial Airplanes segment's operating loss to $563.00 million even as the 737 program runs at 42 per month and the 787 stabilizes at eight. Defense, Space & Security provided a meaningful offset, with revenue jumping 21% to $7.60 billion and operating earnings rising 50% to $233.00 million. Perhaps most significantly, Boeing reduced consolidated debt to $47.20 billion from $54.10 billion through $6.95 billion in repayments during the quarter. Looking ahead, the company expects 737-7 and 737-10 certification in 2026, with first deliveries and the 777-9's inaugural delivery both targeted for 2027.
Key Takeaways
- • Higher commercial airplane deliveries of 143 units vs. 130 in Q1 2025
- • 737 program producing at 42 per month rate
- • 787 program stabilizing at eight per month
- • Higher volume and stabilizing operational performance in Defense, Space & Security
- • Higher government volume in Global Services
- • Favorable order timing
BA YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
BA Revenue by Segment
With YoY comparisons, source: SEC Filings
“We're building on our momentum with a strong start to the year and growing record-breaking backlog across our business, while supporting our customers with inspiring missions like Artemis II.”
— Kelly Ortberg, Q1 2026 Earnings Press Release
BA Earnings Trends
BA vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BA EPS Trend
Earnings per share: estimate vs actual
BA Revenue Trend
Quarterly revenue: estimate vs actual
BA Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 MISS | $-0.34 | $-0.76 | -123.53% | $24.56B | — |
| Q1 26 BEAT | $-0.68 | $-0.20 | +70.52% | $22.22B | +1.39% |
| Q4 25 BEAT FY | $-0.39 | $9.92 | +2,612.66% | $23.95B | +5.00% |
| FY Full Year | $-9.59 | $1.19 | +112.41% | $89.46B | +1.18% |
| Q3 25 MISS | $-2.38 | $-7.47 | -214.45% | $23.27B | +5.16% |
| Q2 25 BEAT | $-1.31 | $-1.24 | +5.53% | $22.75B | +4.75% |
| Q1 25 BEAT | $-1.30 | $-0.49 | +62.39% | $19.50B | -1.50% |