Boeing Reports Preliminary Q3 Loss Due to Certification Delays and Production Disruptions

Boeing reported a preliminary loss for the third quarter as it faces financial setbacks due to write-downs in its commercial airplanes and defense, space, and security sectors, stemming from certification delays and production disruptions.

Following the report, Boeing’s stock declined by more than 1% in after-hours trading. The company anticipates a Q3 loss of $9.97 per share, with revenue projected at $17.8 billion.

The commercial airplanes division expects to incur pre-tax earnings charges of $3.0 billion related to the 777X and 767 programs. The first delivery of the 777-9 is now scheduled for 2026, while the 777-8 freighter delivery is expected to be delayed until 2028, contributing to a pre-tax earnings charge of $2.6 billion.

Additionally, the defense, space, and security sector is projected to face pre-tax earnings charges of $2.0 billion associated with the T-7A, KC-46A, Commercial Crew, and MQ-25 programs.