- Boeing Co.
- 29 October 2025 13:26:25
Source: Sharecast
Boeing said it had delivered 440 aircraft in the first nine months of 2025, up from 291 a year earlier, and stated it was on track for its strongest annual output since 2018.
However, Boeing took a $4.9bn non-cash charge linked to further delays of its long-awaited 777X wide-body jet, now expected to enter service in 2027.
Third-quarter revenues rose 30% year-on-year to $23.27bn, ahead of expectations, while net losses narrowed to $4.78bn, or $7.14 per share. On an adjusted basis, Boeing reported a loss of $7.47 per share.
Boeing's commercial unit revenues jumped 49% to $11.09bn, though margins remained negative, while defence revenue rose 25% to $6.9bn, and global services grew 10% to $5.4bn.
Chief executive Kelly Ortberg said Boeing was seeing "positive signs" across the business as turnaround efforts continue.
“While there's still more work to do to advance our development programs, particularly on our commercial development and certification programs, we're seeing positive signs across our business, and I'm proud of how we are coming together to turn our company around,” Ortberg said.
As of 1325 GMT, Boeing shares were up 0.076% in pre-market action at $223.50 each.
Reporting by Iain Gilbert at Sharecast.com