MAAT INDEX

CLAIM #9370 · The Boeing Company (BA) · 2025Q3 earnings call · Oct 29, 2025 · due Dec 31, 2026

Is that 2026 usage of cash on 777X, so it's about similar to 2025 usage when all is said and done? Yes, that's a good way of looking at it, but perhaps maybe a little bit higher, but in that zone.

Jesus Malave · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: 777X program cash usage (cash consumed by the program) for fiscal year 2026

It came true if: 2026 777X cash usage roughly equal to or somewhat higher than 2025 777X cash usage (within approximately 0-25% higher)

Where: Company disclosures/management commentary on 777X program cash flow (10-K/quarterly earnings calls)

In context

, we've talked about this a little bit in the past. So next year will be a heavy use year. The year after that will be better in 2027. And then we would expect ourselves to get closer to neutral in 2028. And that's all on the back of improving payments from aircraft deliveries and advances. So again, next year, we'll build up inventory. There'll be limited advances and delivery payments. But in 2027, we'll start to see those benefits and those will continue to ramp up in '28 and beyond. So I would expect, starting in 2029, neutrality will go to a benefit of positive free cash flow for the program. And so look, all told, next year is going to be a little bit heavy, but it will continue to improve from year-over-year from that point. Myles Walton: Okay. And sorry, just to clarify one thing. Is that 2026 usage of cash on 777X, so it's about similar to 2025 usage when all is said and done? Jesus Malave: Yes, that's a good way of looking at it, but perhaps maybe a little bit higher, but in that zone. Operator: Your next question comes from the line of Ron Epstein from Bank of America. Ronald Epstein: So maybe back on the 777, certainly you're going to get bombarded with these, so apologies for that. But what's driving this now? Like what changed from like just 2, 3 months ago to reevaluate what's going on with the program. Yes. So I guess that's the question. Like what changed to really make the focus on this now? Robert Ortberg: Yes. So Ron, first of all, let me reiterate what I said in the prepared remarks. There's no new issues with the airplane itself or the engines, the test program. Ironically, we have more hours and the maturity of this airplane is probably higher than any other airplane we've been through the test program. The issue is solely around getting the c

Verify independently

SEC filings for BA · Claim quote is verbatim from the 2025Q3 earnings call.