Boeing Releases Third Quarter 2025 Financial Results

The Boeing Company today released its Third Quarter 2025 financial results. Highlights include

• 737 production stabilizing at 38 per month, with agreement with the FAA to increase that to 42 per month
• A rise in revenue to US$23.3 billion, reflecting 160 commercial deliveries
• Earnings come in light of a US$4.9 billion charge relating to 777X certification timing
• Operating cash flow of US$1.1 billion and non-GAAP free cash flow of US$0.2 billion
• Total company backlog of US$636 billion, including 5,900 commercial aircraft

"With a sustained focus on safety and quality, we achieved important milestones in our recovery as we generated positive free cash flow in the quarter and jointly agreed with the FAA in October to increase 737 production to 42 per month," said Kelly Ortberg, Boeing president and chief executive officer. "While we are disappointed in the 777X schedule delay, the airplane continues to perform well in flight testing, and we remain focused on the work ahead to complete our development programs and stabilize our operations in order to fully recover our company's performance and restore trust with all of our stakeholders."

Commercial Jet Production

Third quarter revenue for Commercial Airplanes increased to US$11.1 billion primarily due to higher deliveries. A charge impacted third-quarter operating margin on the 777X program.

The 737 program stabilized production at 38 per month in the quarter. And the company agreed with the Federal Aviation Administration in October to increase output to 42 per month. The 787 program stabilized production at seven per month.

It also moved forward on previously announced investments to expand South Carolina operations. Boeing has updated its assessment of the Boeing 777-9 certification timeline. The company now anticipates the first delivery in 2027, resulting in a pre-tax earnings charge of US$4.9 billion.

Commercial Airplanes booked 161 net orders in the quarter, including 50 787 airplanes for Turkish Airlines and 30 737-8 airplanes for Norwegian Group. Commercial Airplanes delivered 160 airplanes, the highest quarterly total since 2018, and backlog included over 5,900 airplanes valued at US$535 billion.

Financial results for the entire company are available on the company website.