Boeing's first quarter 2026 revenue grew 14% to $22.2B, beating estimates on higher commercial deliveries and a narrower loss.

Boeing reported first quarter revenue of $22.2 billion and a core loss per share of ($0.20), beating analyst estimates for $21.87 billion and a loss of ($0.86) per share. The company recorded negative free cash flow of ($1.5) billion for the quarter, an improvement from ($2.3) billion in the prior year.

Key Highlights

• Total revenue increased 14% year-over-year, driven by a 13% rise in Commercial Airplanes revenue and a 21% increase in Defense, Space & Security revenue.
• The company's total backlog grew to a record $695 billion, with the Commercial Airplanes backlog now standing at over 6,100 airplanes valued at $576 billion.
• Commercial airplane deliveries increased to 143 units from 130 in the prior-year quarter, including 114 deliveries of the 737 aircraft, which was in line with expectations.