Boeing narrowed its third-quarter net loss to $116 million as revenue rose 4% year on year to $24.2 billion, while the 737-7 and 737-10 completed certification milestones. The manufacturer’s total backlog reached a record $745 billion, including more than 6,300 commercial aircraft valued at about $612 billion, but its commercial-aircraft division remained loss-making amid production and supply-chain pressures.
Boeing Commercial Airplanes delivered 161 aircraft during the quarter and generated $10.7 billion in revenue. The division recorded a $697 million operating loss, reflecting an unfavourable delivery mix, higher projected costs associated with production-rate adjustments and supply-chain expenses. The 737 programme is progressing towards a stabilised production rate of 47 aircraft per month.
The FAA granted amended type certification for the 737-7 during the quarter, while the 737-10 received certification in October. The approvals complete certification of the two remaining 737 MAX variants, although they occurred at different times.
Company-wide operating cash flow reached $1.5 billion and free cash flow was $0.5 billion. Boeing ended the period with $20.7 billion in cash and investments and $45.9 billion in debt. The narrower loss contrasts with the $5.339 billion loss recorded in the third quarter of 2025, when a major 777X-related charge weighed on results.
Chief executive Kelly Ortberg also highlighted Boeing’s selection to design and build the US Navy’s sixth-generation fighter aircraft, alongside the two 737 certifications, as a key defence milestone.