Boeing Reports Second Quarter 2026 Net Loss of $428 Million or $0.67 per Diluted Share
- Joe Breitfeller
- 4 days ago
- 3 min read
Boeing has reported a second quarter 2026 net loss of $428 million or ($0.67) per diluted share on an 8.0 percent year-over-year increase in revenue to $24.6 billion. The company ended the period with a record order backlog valued at $715 billion.
On Tuesday (July 28, 2026), Boeing reported their second quarter and first half financial results for the period ending June 30, 2026. The company reported a second quarter 2026 net loss of $428 million or ($0.67) per diluted share on an 8.0 percent year-over-year increase in revenue to $24.6 billion. For the first half of 2026 (H1 2026), Boeing reported a net loss of $435 million or ($0.79 per diluted share on an 11 percent increase in revenue to $46.8 billion. Boeing ended the period with an order backlog valued at $715 billion, including 6,200 commercial airplanes. At June 30, 2026, Boeing had cash and investments in marketable securities totaling $20.0 billion, compared to $20.9 billion at the beginning of the quarter, reflecting debt repayments partially offset by cash flow generated in the quarter. The company also maintains access to credit facilities of $10.0 billion, which remain undrawn.
In Tuesday’s announcement, Boeing’s President and CEO, Kelly Ortberg, said,
“I’m very pleased with the progress our team is making as we execute our plan. Our operations are more stable and key certification programs remain on plan. Our focus has been on restoring trust and we are now building on that through a sustained focus on safety, quality, and on-time performance. While there is more work ahead in the second half of the year, the momentum we are building continues to move Boeing in the right direction.
“I’m very pleased with the progress our team is making as we execute our plan. Our operations are more stable and key certification programs remain on plan. Our focus has been on restoring trust and we are now building on that through a sustained focus on safety, quality, and on-time performance. While there is more work ahead in the second half of the year, the momentum we are building continues to move Boeing in the right direction.”
Boeing Commercial Airplanes’ second quarter revenue of $11.8 billion and operating margin of (2.7) percent primarily reflects higher deliveries, favorable mix, improved performance, and other adjustments. The 737 program began transitioning production to 47 per month rate in the quarter and activated low-rate initial production on the 737 North Line in July. As of July, certification flight testing has been completed on both the 737-7 and 737-10. Boeing continues to anticipate certification in 2026 and first delivery in 2027 for both variants. During the second quarter, the 777X program received FAA approval to begin certification flight testing under Type Inspection Authorization 4B. The company continues to anticipate first delivery in 2027.
Boeing Commercial Airplanes booked 246 net orders during H1 2026, including orders from Korean Air, Delta Air Lines, and SMBC Capital. Commercial Airplanes delivered 171 airplanes, and ended the period with a backlog of over 6,200 airplanes valued at a record $597 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