Boeing Reports First Quarter 2026 Net Loss of $7.0 Million or $0.11 per Diluted Share
- Joe Breitfeller
- 30 minutes ago
- 3 min read
Boeing has reported a first quarter 2026 net loss of $7.0 million or ($0.11) per diluted share on a year-over-year increase in revenue of 14 percent to $22.2 billion. At March 31, 2026 the company’s backlog reached a record $695 billion, including over 6,100 commercial jets.
On Wednesday (April 22, 2026), Boeing reported their first quarter 2026 financial results for the period ending March 31, 2026. The company reported a first quarter net loss of $7.0 million or ($0.11) per diluted share on a year-over-year increase in revenue of 14 percent to $22.2 billion. The company ended the period with an order backlog valued at a record $695 billion, including over 6,100 commercial airplanes. At March 31, 2026, Boeing had cash and investments in marketable securities totaling $20.9 billion, as well as access to undrawn credit facilities totaling $10.0 billion.
In Wednesday’s announcement, Boeing’s President and CEO, Kelly Ortberg, said,
“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. With a continued focus on safety and quality, we’re delivering high-quality commercial and defense products and services, while increasing production to uphold our customer commitments and get back to the iconic global aerospace company that leads our industry.”
Boeing Commercial Airplanes’ first quarter revenue totaled $9.2 billion, primarily reflecting higher deliveries. Commercial Airplanes booked 140 net orders in the quarter, including 25 737-10 and 25 737-8 MAX airplanes for Aviation Capital Group, 30 787-10 Dreamliners for Delta Air Lines, and 20 737-8s for Air India. Commercial Airplanes delivered 143 airplanes during the first quarter, and ended the period with an order backlog of over 6,100 airplanes valued at a record $576 billion.
The 737 program continues at a production rate of 42 per month. During the first quarter, the 737-10 began the Type Inspection Authorization 2 and made progress on this final phase of certification flight testing. Boeing expects certification of the 737-7 and 737-10 MAX to be completed in 2026, and anticipates the first deliveries in 2027.
The 787 Dreamliner program continued stabilizing production at eight per month during the period. Boeing also received FAA certification on the 787-9 and 787-10 for an increased maximum takeoff weight (MTOW), an important capability that drives value for customers. The 777X program continued to make progress on 777-9 certification, including FAA approval to begin the Type Inspection Authorization 4a phase of certification flight testing. The company anticipates the first deliveries in 2027.
Boeing Global Services’ first quarter revenue was $5.4 billion on higher government volume. An operating margin of 18.1 percent reflects the impact of the Digital Aviation Solutions divestiture. During the first quarter, Global Services also secured the largest-ever Landing Gear Exchange Program agreement with Singapore Airlines Group, and received initial FAA and EASA qualification for 777-9 training devices. Global Services ended the quarter with record backlog of $33 billion.
Boeing (NYSE: BA) is a leading supplier of commercial airplanes, defense, space and security systems, as well as global services. The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP. Boeing supports government and commercial customers in over 150 countries and employs more than 150,000 team members worldwide. As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality, and integrity.
Source: Boeing / PRNewswire
