Boeing reported revenue of $24.2 billion for the third quarter of 2026, up four percent compared with the same period last year, while its net loss narrowed from $5.34 billion to $116 million. The company’s total order backlog reached a record $745 billion, with Boeing also highlighting the completion of certification for the two remaining variants of the 737 MAX family.

The US Federal Aviation Administration (FAA) certified the 737-7 on August 3, while the 737-10 received approval on October 20, after the end of the reporting quarter. Boeing President and CEO Kelly Ortberg described these milestones, alongside the company’s selection to develop the US Navy’s new fighter aircraft, as important steps in its progress. He stressed that safety, quality and delivering on commitments remain priorities.

The Commercial Airplanes division delivered 161 aircraft during the quarter, one more than a year earlier. Deliveries comprised 124 aircraft from the 737 family, ten 767s, five 777s and 22 Dreamliners. Despite the nearly unchanged delivery total, the division’s revenue fell three percent to $10.7 billion, with an operating loss of $697 million.

Boeing attributed the result to a less favourable delivery mix, higher projected costs associated with future production rate adjustments and higher estimated supply chain costs. The division’s operating loss was significantly lower than the $5.35 billion recorded in the third quarter of 2025. However, last year’s result included a $4.9 billion pre-tax charge associated with a revised certification timeline for the 777-9, which materially affects the year-on-year comparison.

The 737 programme continues to work towards stabilising production at 47 aircraft per month, while 787 production remains stable at eight aircraft per month. Certification flight testing of the 777-9 continued under the 777X programme, with Boeing still expecting the first delivery in 2027.

Commercial Airplanes recorded 300 net orders during the quarter, including orders from Turkish Airlines, Ethiopian Airlines and Lufthansa. At the end of September, the division’s backlog comprised more than 6,300 aircraft, valued at a record approximately $612 billion.

The Defense, Space & Security division reported a 15 percent increase in revenue to $7.9 billion, with operating earnings of $492 million. The result also benefited from a $252 million gain related to the sale of HRL Laboratories. The US Navy selected Boeing to design, build and deliver the next-generation F/A-XX fighter aircraft, although the award had not been included in the backlog at the end of the quarter, pending completion of the source selection and evaluation review process.

Global Services increased revenue by four percent to $5.6 billion, with operating earnings of approximately $1 billion. Across the company, Boeing recorded operating earnings of $354 million, although its bottom line remained negative. Operating cash flow totalled $1.5 billion, while free cash flow, which Boeing reports as a non-GAAP measure, amounted to $464 million.

In the first nine months of 2026, Boeing delivered 475 commercial aircraft, up eight percent year-on-year. Total company revenue rose eight percent to almost $71 billion, while the net loss narrowed from approximately $6 billion to $551 million. Despite positive free cash flow in the third quarter, the figure for the first nine months remained negative at $359 million.