Filing Flows › Boeing (BA) › Q2 2026
Boeing (BA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
Boeing (BA) reported revenue of $24.6B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +11% from the quarter before. Operating margin was 0.6%, net loss $428M (1.7% of revenue).
Boeing, Q2 2026: revenue $24.6B (+8% year over year), operating margin 0.6%, net loss $428M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.6B | +11% | +8% |
| Operating profit | $156M | -65% | — |
| Net earnings | −$428M | — | — |
| Operating cash flow | $1.4B | — | +501% |
| Free cash flow | $631M | — | — |
What changed
Revenue was $24.6B in Q2 2026, up 8% year over year and up 11% from the previous quarter. Product was the largest line at 87% of revenue. Product added $2.2B year over year (up 12%), 124% of the total change. Service declined 12%.
Gross margin was 9.8%, down 0.9 points from Q2 2025. Operating profit was $0.16B, a 0.6% margin (up 1.4 points year over year). Operating expenses fell 14% while revenue rose 8%. The quarter ended with a net loss of $0.43B, wider than the previous quarter's $0.01B loss. Net interest and other expense of $0.52B was the main reason.
Operating cash flow was $1.4B (up 501% year over year). Non-cash charges added back $0.60B of depreciation and amortization and $0.10B of share-based compensation. Working capital and other items added $1.1B. After additions to property, plant & equipment ($0.73B), free cash flow as the company reports it was $0.63B.
Questions
What was Boeing's revenue in the second quarter 2026?
Boeing (BA) reported revenue of $24.6B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +11% from the quarter before.
Was Boeing profitable in the second quarter 2026?
Operating profit was $156M (0.6% of revenue) and net loss $428M.
Source: Boeing 10-Q on SEC EDGAR.