Boeing Company (the) · NYSE:BA
Boeing Company (the) — The Boeing Company — Q3 2026 Earnings Presentation
12 slides from Boeing Company (the)'s earnings presentation, Oct 27, 2026
Slide 1: Third Quarter 2026 Earnings Review
Third Quarter 2026 Earnings Review Kelly Ortberg President and Chief Executive Officer Jay Malave Executive Vice President and Chief Financial Officer October 27, 2026 Copyright © 2026 Boeing. All rights reserved.
Slide 2: Caution Concerning Forward-Looking Statements
Caution Concerning Forward-Looking Statements Certain statements in this presentation and made today constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “expects,” “intends,” “projects,” “plans,” “
Slide 3: Business Update
Business Update Focused on stabilizing the business, improving execution, changing culture and building our future Achieved 737-7 & 737-10 certification from FAA Selected by U.S. Navy for F/A-XX Awarded AH-64 Apache maintenance contract Copyright © 2026 Boeing. All rights reserved.
Slide 4: Third Quarter Financial Results
Third Quarter Financial Results Results reflect higher defense volume and improved segment operating performance Revenue Operating Margin Core Earnings Per Share* Free Cash Flow* 1.5% $23.3B $24.2B ($0.34) $0.5B $0.2B ($7.47) (20.5)% 3Q25 3Q26 3Q25 3Q26 3Q25 3Q26 3Q25 3Q26 * Non-GAAP measure. See th
Slide 5: Commercial Airplanes
Commercial Airplanes Focused on safety, quality and development program execution Revenue Operating Margin $11.1B $10.7B ▪ 737-7 achieved amended type certification (ATC) (6.5)% from the FAA; 737-10 achieved ATC in October ▪ 737 continues to progress toward stabilized production of 47 per month ▪ 77
Slide 6: Defense, Space & Security
Defense, Space & Security Focused on production stability and development program execution Revenue Operating Margin ▪ Results reflect higher volume, improved operational $7.9B 6.2% performance and a $252M gain on sale $6.9B ▪ Selected by the U.S. Navy to design, build and deliver the F/A-XX next-ge
Slide 7: Global Services
Global Services Focused on continuous improvement and meeting customer commitments Revenue Operating Margin $5.4B $5.6B 18.3% 17.5% ▪ Results reflect favorable volume and mix ▪ Captured an award from the U.S. Army to provide maintenance services for the AH-64 Apache fleet ▪ Orders valued at $5B; bac
Slide 8: Cash and Debt Balances
Cash and Debt Balances Focused on maintaining healthy liquidity position and repaying debt Cash and Marketable Securities Consolidated Debt $45.9B $45.9B S&P: BBB- Moody’s: Baa3 $20.0B $20.7B Fitch: BBB- 2Q26 3Q26 2Q26 3Q26 Copyright © 2026 Boeing. All rights reserved.
Slide 9: Copyright © 2026 Boeing. All rights reserved.
Copyright © 2026 Boeing. All rights reserved.
Slide 10: Non-GAAP Measure Disclosures
Non-GAAP Measure Disclosures The tables provided below reconcile the non-GAAP financial measures core operating earnings/(loss), core operating margins, and core loss per share to the most directly comparable GAAP financial measures of earnings/(loss) from operations, operating margins, and diluted
Slide 11: Non-GAAP Measure Disclosures
Non-GAAP Measure Disclosures The tables provided below reconcile the non-GAAP financial measure free cash flow to the most directly comparable GAAP financial measure operating cash flow. See The Boeing Company’s earnings press release dated October 27, 2026, for additional information on the use of
Slide 12: Non-GAAP Measure Disclosures
Non-GAAP Measure Disclosures The table provided below reconciles the non-GAAP financial measure BGS Revenue excluding DAS to the most directly comparable GAAP financial measure BGS Revenue. DAS reflects those portions of our Digital Aviation Solutions business that were sold on October 31, 2025. Thi