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Boeing (BA) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 27, 2026

Boeing (BA) reported revenue of $24.2B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -2% from the quarter before. Operating margin was 1.5%, net loss $116M (0.5% of revenue).

Revenue$24.2B
Year over year+4%
Quarter over quarter-2%
Operating margin1.5%
Net earnings−$116M

Boeing, Q3 2026: revenue $24.2B (+4% year over year), operating margin 1.5%, net loss $116M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$24.2B-2%+4%
Operating profit$354M+127%—
Net earnings−$116M——
Operating cash flow$1.5B+10%+33%
Free cash flow$464M—+95%

What changed

Revenue was $24.2B in Q3 2026, up 4% year over year and down 2% from the previous quarter. Product was the largest line at 86% of revenue. Product added $1.1B year over year (up 6%), 121% of the total change. Service declined 5%.

Gross margin was 9.0%. Operating profit was $0.35B, a 1.5% margin (up 22.0 points year over year). The quarter ended with a net loss of $0.12B, narrower than the previous quarter's $0.43B loss. Net interest and other expense of $0.48B was the main reason.

Operating cash flow was $1.5B (up 33% year over year). Non-cash charges added back $0.58B of depreciation and amortization and $0.10B of share-based compensation. Working capital and other items added $0.93B. After additions to property, plant & equipment ($1.0B), free cash flow as the company reports it was $0.46B.

Questions

What was Boeing's revenue in the third quarter 2026?

Boeing (BA) reported revenue of $24.2B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -2% from the quarter before.

Was Boeing profitable in the third quarter 2026?

Operating profit was $354M (1.5% of revenue) and net loss $116M.

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Source: Boeing 10-Q on SEC EDGAR.