Boeing Reports Q2 Results; Revenue Up to $24.6 Billion

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The Boeing Company recorded second quarter revenue of $24.6 billion, GAAP loss per share of ($0.67) and core loss per share (non-GAAP) of ($0.76). The company reported operating cash flow of $1.4 billion and free cash flow (non-GAAP) of $0.6 billion. Results primarily reflect higher commercial delivery volume and favorable working capital within the year. Total company backlog at quarter end grew to a record $715 billion.

Highlights:

Second Quarter 2026

• Revenue increased to $24.6 billion primarily reflecting 171 commercial deliveries
• GAAP loss per share of ($0.67) and core loss per share (non-GAAP) of ($0.76)
• Operating cash flow of $1.4 billion and free cash flow (non-GAAP) of $0.6 billion
• Total company backlog grew to a record $715 billion, including over 6,200 commercial airplanes

"I'm very pleased with the progress our team is making as we execute our plan. Our operations are more stable and key certification programs remain on plan. Our focus has been on restoring trust and we are now building on that through a sustained focus on safety, quality, and on-time performance," said Kelly Ortberg, Boeing president and chief executive officer. "While there is more work ahead in the second half of the year, the momentum we are building continues to move Boeing in the right direction."

Operating cash flow was $1.4 billion in the quarter reflecting higher commercial deliveries and working capital timing. Additions to property, plant and equipment primarily reflects higher investments in Charleston and St. Louis sites.

Cash and investments in marketable securities totaled $20.0 billion, compared to $20.9 billion at the beginning of the quarter, reflecting debt repayments partially offset by cash flow generated in the quarter. The company maintains access to credit facilities of $10.0 billion, which remain undrawn.