Boeing Q1 Loss Narrows Significantly, Pre-market Rises by Over 3%

Boeing announced its revenue for the first quarter of 2026 on Wednesday, which increased by 14% year-on-year to $22.2 billion; the net loss narrowed significantly from $31 million in the same period last year to $7 million, equivalent to a loss of 11 cents per share, both exceeding Wall Street expectations. Analysts had previously forecast a loss of 83 cents per share and revenue of $21.78 billion.

The commercial aircraft business was the main driving force. In the first quarter, Boeing delivered a total of 143 aircraft, a 10% increase year-on-year; revenue from the commercial aviation division reached $9.2 billion, a 13% increase year-on-year. Although the division is still operating at a loss, the trend of improvement is evident; the defense division's revenue increased by 21% to $7.6 billion, and the service division increased by 6% to $5.37 billion.

The 737 Max current monthly production is about 42 aircraft, which has been gradually restored under the premise of the Federal Aviation Administration setting a limit on capacity after the fuselage door latch incident that almost fell off in January 2024, further acceleration still requires the FAA to gradually give the green light.