Boeing reports $4.9B charge in Q3 2025 earnings due to 777X program delays 

Boeing has reported a $4.9 billion charge in its Q3 2025 earnings because of delays in the 777X program, which significantly contributed to the company’s losses this quarter. 

In its financial report for the third quarter of 2025, released on October 29, 2025, the aircraft manufacturer reported a loss of $7.14 per share according to standard accounting and $7.47 per share on a core basis, primarily due to the $4.9 billion charge from the 777X program, which added approximately $6.45 to the loss per share. 

“While we are disappointed in the 777X schedule delay, the airplane continues to perform well in flight testing, and we remain focused on the work ahead to complete our development programs and stabilize our operations in order to fully recover our company’s performance and restore trust with all of our stakeholders,” said Kelly Ortberg, the CEO of Boeing. 

This loss exceeded analysts’ early October 2025 predictions, which estimated Boeing’s 777X-related charges to be between $2.5 billion and $4 billion. 

The 777X program, launched in 2013, has faced multiple delays caused by certification challenges. Boeing has revised its evaluation of the 777-9 certification schedule and now expects the first delivery of the 777-9 to happen in 2027. 

Among other important financial metrics, the company announced third-quarter revenue of $23.3 billion, surpassing Q2 revenue of $22.7 billion. Boeing reported operating cash flow of $1.1 billion and free cash flow of $0.2 billion. The total backlog for the company at the end of the quarter was $636 billion. 

Commercial Airplanes hit highest deliveries since 2018 

Boeing’s Commercial Airplanes division saw its revenue rise to $11.1 billion in the third quarter, mainly due to increased deliveries.  

Commercial Airplanes secured 161 net orders, which included 50 787 aircraft for Turkish Airlines and 30 737-8 aircraft for Norwegian Group.  

The division delivered a total of 160 aircraft in Q3 2025, marking the highest quarterly total since 2018, with a backlog of over 5,900 airplanes valued at $535 billion. 

During Q3 2025, Boeing achieved significant milestones in its commercial programs. In October 2025, the Federal Aviation Administration (FAA) lifted the cap that limited Boeing to producing 38 737 MAX aircraft per month, allowing the company to gradually increase output to 42 jets per month. 

Meanwhile, the 787-program continued stabilizing production at seven per month and progressed on previously announced investments to expand South Carolina operations. 

Defense division strengthens with new deals 

Boeing said that its Defense, Space & Security division earned $6.9 billion in revenue and had an operating margin of 1.7% in Q3 2025, indicating “stabilizing operational performance and higher volume”. 

During the quarter, Defense, Space & Security secured a contract from the US Space Force to enhance strategic satellite communication capabilities and partnered with the Royal Australian Air Force to demonstrate autonomous operational capabilities of the MQ-28 Ghost Bat.  

The backlog for Defense, Space & Security increased to $76 billion, with 20% of that coming from customers outside the US. 

Other key contracts 

In Q3 2025, the Global Services division generated $5.4 billion in revenue, attributed to “higher volume”, according to Boeing. The manufacturer added that the operating margin was 17.5%, mainly due to “favorable commercial volume and mix.”  

In Q3 2025, Global Services captured an award from the US Navy for the repair of F/A-18 aircraft landing gear and announced a strategic collaboration agreement with Korean Air focused on advancing predictive maintenance analytics. The post Boeing reports $4.9B charge in Q3 2025 earnings due to 777X program delays  appeared first on AeroTime.

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