Boeing Q3 Revenue Surges 30% Amid Profitability Challenges

Boeing reported third-quarter 2025 revenue of $23.27 billion, exceeding Wall Street expectations by approximately $1.14 billion, driven by a 30.4% year-over-year sales increase and higher commercial deliveries. Despite this strong revenue performance and positive free cash flow of around $200 million to $238 million, the company faced a significant non-GAAP loss of $7.47 per share, mainly due to a $4.9 billion charge associated with delays in the 777X certification. Boeing has stabilized production of the 737 model at 38 units per month and received FAA approval to increase production to 42 units per month, reflecting a key milestone in its recovery efforts. The company’s backlog expanded to $636 billion, including over 5,900 commercial planes, indicating strong future demand. However, profitability challenges persist, with operating and net margins in the negative territory and an Altman Z-Score signaling financial distress risks. Boeing’s CEO, Kelly Ortberg, emphasized ongoing focus on safety, quality, and operational stabilization to fully recover and restore stakeholder trust amid these mixed financial results.