Overview
- Revenue rose 30% to $23.27 billion, topping estimates, while an adjusted loss per share of $7.47 was driven by the 777X charge.
- Operating cash flow turned positive at $1.12 billion and the adjusted free cash flow burn narrowed to $238 million.
- Boeing recorded a roughly $4.9 billion charge on the 777X and moved first deliveries to early 2027, with leaders citing schedule slippage rather than new technical issues.
- Commercial momentum continued with 160 jets delivered in Q3 and 440 year to date, as the FAA approved increasing 737 Max output to 42 per month; Boeing says production is currently stabilized at 38.
- Labor risks persisted with about 3,200 IAM-represented defense workers on strike into a 13th week, and shares fell roughly 4% in early trading.