Boeing Company
Q1 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +4.84%.
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 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.
- 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
“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.”
Boeing CEO, on the earnings call
Forward Guidance & Outlook
Boeing expects certification of the 737-7 and 737-10 in 2026 with first deliveries in 2027. The 777-9 first delivery is also anticipated in 2027. The 737 program is producing at 42 per month and the 787 program is stabilizing at eight per month. The company maintains access to $10.0 billion in undrawn credit facilities.
BA YoY Financials
BA Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.