Overview
- Quarterly revenue rose 30% to $23.27 billion as Boeing delivered 160 jets, its highest quarterly total since 2018.
- Adjusted loss per share was $7.47, primarily due to the noncash 777X charge, while operating cash flow reached $1.1 billion and free cash flow was $238 million.
- The FAA approved lifting the 737 Max production cap to 42 aircraft per month, though Boeing says the line is currently stabilized at 38.
- Boeing said the $4.9 billion hit reflects customer penalties and extended production costs, bringing cumulative 777X charges to roughly $15 billion.
- About 3,200 defense workers in St. Louis remain on strike, creating ongoing execution risk alongside certification and supply chain challenges.