BA · 8-K · 20261027PR067411

Operating Income and Margins

BOEING CO · 2026-10-27 · Importance 69 · Surprise 64 · No source text

Third-quarter GAAP operating earnings were $354 million, compared with an operating loss of $4.781 billion a year earlier; operating margin improved to 1.5% from negative 20.5%. Commercial Airplanes recorded a $697 million operating loss and a negative 6.5% margin, reflecting less favorable delivery mix, higher projected costs from future production-rate adjustments, and higher estimated supply-chain costs. Defense, Space & Security operating earnings increased to $492 million from $114 million, with margin rising to 6.2% from 1.7%, primarily reflecting a $252 million gain on the HRL Laboratories sale and improved operational performance. Global Services operating earnings rose 9% to $1.019 billion and margin increased to 18.3% from 17.5%, reflecting favorable volume and mix.

Key facts

• Boeing recorded third-quarter 2026 GAAP operating earnings of $354 million and an operating margin of 1.5%, compared with an operating loss of $4.781 billion and margin of (20.5)% in third-quarter 2025. source
• Boeing's third-quarter 2026 non-GAAP core operating earnings were $204 million and core operating margin was 0.8%, compared with a core operating loss of $5.049 billion and margin of (21.7)% in third-quarter 2025. source
• Boeing reported a third-quarter 2026 net loss of $116 million, compared with a net loss of $5.339 billion in third-quarter 2025. source
• Boeing third-quarter 2026 GAAP loss per share was $0.26 and core loss per share (non-GAAP) was $0.34. source

Impact estimates