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Boeing (BA)
NYSE:BA
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.21Last Year’s EPS
-0.49Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented substantial evidence of operational recovery and commercial momentum — record backlogs, materially higher revenue (Q4 +57%, FY +34%), delivery improvements, program certification progress, and stronger services and defense order intake. However, notable near-term financial and program headwinds remain: a material KC-46 charge, continued certification timing risks (particularly 777X cash burn profile), negative segment margins despite improvement, excess advances/customer considerations, and near-term CapEx and integration impacts from the Spirit acquisition. Management outlined a clear plan to stabilize production, reduce rework, and target positive free cash flow of $1–3 billion in 2026 and a longer-term normalized goal around $10 billion, but execution risk remains centered on certification, supply-chain ramps, and program-level cost performance.Company Guidance
Quarterly Revenue Surge
Total company revenue of $23.9 billion in Q4, the highest quarterly total since 2018, up 57% year-over-year driven by higher commercial deliveries and defense volume.
Full-Year Revenue and Improved EPS
Full-year revenue of $89.5 billion, up 34% year-over-year. Core EPS of $1.19 for the year (boosted by an $12.47 per-share gain from the Digital Aviation Solutions sale); Q4 core EPS was $9.92 reflecting an $11.83 gain from the divestiture.
Delivery and Order Momentum — Commercial
BCA delivered 160 airplanes in the quarter and 600 for the year (most commercial airplanes delivered since 2018). BCA booked 336 net orders in Q4 and 1,173 net orders for the year; backlog ended at a record $567 billion (over 6,100 airplanes).
Production Stabilization and Factory Improvements
737 production stabilized at 42 airplanes/month (on-time delivery performance improved threefold vs prior year); simplified over 5,100 work instructions; 787 program stabilized at rate 8 with average rework hours reduced nearly 30% year-over-year and factory rework levels down ~20% in Q4 vs H1.
Program Certification Progress and Milestones
737-10 received TIA2 to expand flight testing (final phase of certification testing); 777-9 received TIA3 and continues certification flight testing. Defense milestones included MQ-25 inaugural engine run and delivery of the first operational T-7A Red Hawk.
Defense and Services Order Strength
BDS booked $15 billion in orders in the quarter and reached a record backlog of $85 billion; BGS recorded $10 billion in orders in the quarter and a record $28 billion for the year, with adjusted BGS revenue growth of 6% and adjusted operating margin of 18.6%.
Strategic Portfolio Actions
Completed acquisition of Spirit AeroSystems to strengthen supply chain and manufacturing alignment; completed $10 billion Jefferson sale to solidify the balance sheet while retaining key digital aviation capabilities.
Improving Cash Position and Q4 Free Cash Flow
Cash and marketable securities grew to $29.4 billion (partly from divestiture proceeds). Q4 free cash flow was positive $375 million (slightly above expectations); full-year free cash flow usage improved versus prior year.
BA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 27, 2026 | $248.43 | $244.56 | -1.56% |
Oct 29, 2025 | $223.33 | $213.58 | -4.37% |
Jul 29, 2025 | $236.41 | $226.08 | -4.37% |
Apr 23, 2025 | $162.52 | $172.37 | +6.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Boeing (BA) report earnings?
Boeing (BA) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Boeing (BA) earnings time?
Boeing (BA) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BA EPS forecast?
BA EPS forecast for the fiscal quarter 2026 (Q1) is -0.21.
