Earnings release
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BOEING News Release Boeing Reports Third - Quarter Results • • " Continued progress on global safe return to service of 737 MAX and focus on operational stability Revenue of $ 15.3 billion , GAAP loss per share of ( $ 0.19 ) and core ( non - GAAP ) * loss per share of ( $ 0.60 ) Operating cash flow of ( $ 0.3 ) billion ; cash and marketable securities of $ 20.0 billion Commercial Airplanes backlog of $ 290 billion and added 93 net orders Exhibit 99.1 Table 1. Summary Financial Results Third Quarter Nine Months ( Dollars in Millions , except per share data ) 2021 2020 Change 2021 2020 Change Revenues $ 15,278 $ 14,139 8 % $ 47,493 $ 42,854 11 % GAAP Earnings / ( Loss ) From Operations $ 329 ( $ 401 ) NM $ 1,269 ( $ 4,718 ) NM Operating Margin 2.2 % ( 2.8 ) % NM 2.7 % ( 11.0 ) % NM Net Loss ( $ 132 ) ( $ 466 ) NM ( $ 126 ) ( $ 3,502 ) NM Loss Per Share ( $ 0.19 ) ( $ 0.79 ) NM ( $ 0.10 ) ( $ 6.10 ) NM Operating Cash Flow ( $ 262 ) ( $ 4,819 ) NM ( $ 4,132 ) ( $ 14,401 ) NM Non - GAAP * Core Operating Earnings / ( loss ) $ 59 ( $ 754 ) NM $ 461 ( $ 5,773 ) NM Core Operating Margin Core Loss Per Share 0.4 % ( $ 0.60 ) ( 5.3 ) % NM 1.0 % ( 13.5 ) % NM ( $ 1.39 ) NM ( $ 1.72 ) ( $ 7.88 ) NM * Non - GAAP measure ; complete definitions of Boeing's non - GAAP measures are on page 6 , " Non - GAAP Measures Disclosures . " CHICAGO , October 27 , 2021 - The Boeing Company [ NYSE : BA ] reported third - quarter revenue of $ 15.3 billion , driven by higher commercial airplanes and services volume . GAAP loss per share of ( $ 0.19 ) and core loss per share ( non - GAAP ) * of ( $ 0.60 ) primarily reflects higher commercial volume ( Table 1 ) . Boeing recorded operating cash flow of ( $ 0.3 ) billion . " We are driving stability across our operations , investing in our future and positioning our teams to deliver for our customers as the market recovers , " said Boeing President and Chief Executive Officer David Calhoun . " Commercial market demand continues to gain traction with broad- based vaccine distribution and border protocols beginning to open . Going forward , supply chain capacity and global trade will be key drivers of our industry and the broader economy's recovery . Our portfolio across commercial , defense , space and services is well positioned , and we're focused on improving performance , while advancing technologies and digital manufacturing capabilities to drive our next generation of products and a sustainable future . " 1