Boeing recorded first quarter revenue of $22.2 billion, while total company backlog grew to a record $695 billion, with all three segments remaining at record levels. Commercial Airplanes first quarter revenue of $9.2 billion and operating margin of 6.1 percent primarily reflect higher deliveries.
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In Q1 2026, the 777X program continued to make progress on 777-9 certification, including FAA approval to begin the Type Inspection Authorization 4a phase of certification flight testing. The company anticipates first 777X delivery in 2027.
The 737 program continues to produce at a 42 per month rate. In the quarter, 737-10 began the Type Inspection Authorization 2 and made progress on this final phase of certification flight testing. Boeing expects certification of the 737-7 and 737-10 in 2026, with the first delivery in 2027.
The 787 program continued stabilizing production at 8 per month. Boeing also received FAA certification on the 787-9 and 787-10 for an increased maximum takeoff weight, an important capability that drives value for customers.
Commercial Airplanes booked 140 net orders in the quarter, including 25 737-10 and 25 737-8 airplanes for Aviation Capital Group, 30 787-10 airplanes for Delta Air Lines and 20 737-8 airplanes for Air India. Commercial Airplanes delivered 143 airplanes and backlog included over 6,100 airplanes valued at a record $576 billion.