The Boeing Company (NYSE: BA) on Wednesday reported an increase in revenues for the third quarter of fiscal 2025, exceeding analysts’ estimates. The aircraft maker’s loss narrowed during the quarter.
Core loss, adjusted for special items, narrowed to $7.47 per share in the September quarter from $10.44 per share in the year-ago quarter. On an unadjusted basis, the net loss was $5.34 billion or $7.14 per share in Q3, compared to a loss of $6.17 billion or $9.97 per share in the third quarter of 2024.
Third-quarter revenues increased 30% year-over-year to $23.27 billion, beating estimates. Revenues grew in double-digits across all three operating segments, with commercial airplane sales surging 49% year-over-year. During the quarter, the production of Boeing 737 stabilized at 38 per month.
“With a sustained focus on safety and quality, we achieved important milestones in our recovery as we generated positive free cash flow in the quarter and jointly agreed with the FAA in October to increase 737 production to 42 per month,” said Kelly Ortberg, Boeing’s president and chief executive officer.