First Quarter 2026
- Revenue increased to $22.2 billion primarily reflecting 143 commercial deliveries
- GAAP loss per share of ($0.11) and core loss per share (non-GAAP)* of ($0.20)
- Operating cash flow of ($0.2) billion and free cash flow (non-GAAP)* of ($1.5) billion
- Total company backlog grew to a record $695 billion, including over 6,100 commercial airplanes
The Boeing Company reported a first-quarter revenue of $22.2 billion for 2026, navigating a complex landscape of high production demand and necessary capital reinvestment. While the aerospace giant posted a net loss, a record-breaking backlog of nearly $700 billion signals robust long-term demand for its commercial and defense platforms.
The financial results, released for the period ending March 31, 2026, reveal a GAAP diluted loss per share of $0.11. These figures reflect a transitional phase for the company as it balances a 14% year-over-year revenue increase against the heavy costs of stabilizing its global supply chain. The quarterly performance was heavily influenced by increased delivery volumes in the commercial sector, which saw 143 aircraft reach customers—the company’s strongest first-quarter showing in years.
|
Deliveries |
Three months ended |
|||||||||
|
Commercial Airplanes |
2026 |
2025 |
||||||||
|
737 |
114 |
105 |
||||||||
|
767 |
6 |
5 |
||||||||
|
777 |
8 |
7 |
||||||||
|
787 |
15 |
13 |
||||||||
|
Total |
143 |
130 |
||||||||
|
Defense, Space & Security |
||||||||||
|
AH-64 Apache (New) |
2 |
4 |
||||||||
|
AH-64 Apache (Remanufactured) |
15 |
11 |
||||||||
|
CH-47 Chinook (New) |
1 |
1 |
||||||||
|
CH-47 Chinook (Renewed) |
1 |
2 |
||||||||
|
F-15 Models |
1 |
1 |
||||||||
|
F/A-18 Models |
2 |
5 |
||||||||
|
KC-46 Tanker |
4 |
— |
||||||||
|
MH-139 |
2 |
1 |
||||||||
|
P-8 Models |
1 |
1 |
||||||||
|
Commercial Satellites |
1 |
— |
||||||||
|
Total1 |
30 |
26 |
||||||||
|
1 Deliveries of new-build production units, including remanufactures and modifications |
|
Total backlog (Dollars in millions) |
March 31 |
December 31 |
||
|
Commercial Airplanes |
$575,583 |
$567,290 |
||
|
Defense, Space & Security |
85,821 |
84,786 |
||
|
Global Services |
32,957 |
29,720 |
||
|
Unallocated items, eliminations and other |
348 |
411 |
||
|
Total backlog |
$694,709 |
$682,207 |
||
|
Contractual backlog |
$652,671 |
$639,721 |
||
|
Unobligated backlog |
42,038 |
42,486 |
||
|
Total backlog |
$694,709 |
$682,207 |
