Boeing earnings show progress, but $5 billion hit on 777X grounds the stock
Update: 2025-10-29
Description
Boeing's Q3 results show a mixed bag: while revenue surged by 30% and free cash flow turned positive, the company still posted a net loss of $5 billion due to a significant charge related to the delayed 777X jet. The commercial airplanes division saw a nearly 50% revenue increase but remains in the red with a 48% negative margin. The defense and space division turned a small profit, while the global services business performed well. The 777X delay forced Boeing to take a nearly $5 billion charge, and the company is still grappling with a machinists' strike and high debt. Despite these challenges, Boeing's massive backlog of over 630 billion dollars and nearly 6,000 planes waiting to be built offers hope for a full recovery.
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