Overview
- Boeing reported third‑quarter revenue of about $23.27 billion, up 30% year over year, on 160 commercial jet deliveries, the highest quarterly total since 2018.
- The company posted a core loss of $7.47 per share, driven by a $4.9 billion charge tied to 777X delays that includes penalties and higher production costs owed to customers.
- First delivery of the 777X is now targeted for early 2027 after a revised certification assessment, with Boeing saying the slip reflects timing of approvals rather than new technical issues.
- Free cash flow turned positive at $238 million and operating cash flow reached $1.12 billion, a result partly influenced by the timing of a potential Department of Justice payment.
- The FAA lifted its cap to allow 737 MAX output to rise to 42 per month as Boeing stabilizes at 38, and about 3,200 defense workers in St. Louis remain on strike after rejecting a contract offer.