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Boeing Reports Wider-Than-Expected Q2 Loss on $280 Million Presidential Jet Charge but Beats on Cash Flow

Yahoo Finance ·
Boeing Reports Wider-Than-Expected Q2 Loss on $280 Million Presidential Jet Charge but Beats on Cash Flow
  • Boeing reported second-quarter 2026 revenue of $24.6 billion, up 8% year-over-year, which exceeded analyst forecasts.
  • The company's core loss per share came in at $0.76, missing the consensus estimates of $0.29 to $0.34, primarily driven by a $280 million charge on the VC-25B presidential aircraft program.
  • Despite the bottom-line miss, shares rose as the company generated positive free cash flow of $631 million and reported a record order backlog of $715 billion.

Quotes

“I'm very pleased with the progress our team is making as we execute our plan. Our operations are more stable and key certification programs remain on plan,”— Kelly Ortberg

Sources