ARLINGTON — Boeing says that a major digital-services divestiture pushed the company to a quarterly profit, even as Boeing Commercial Airplanes (BCA) still posted an operating loss while it ramped deliveries and rebuilt its production system.

Boeing reported fourth-quarter and full-year 2025 results on January 27, 2026, after closing the sale of portions of its Digital Aviation Solutions business, which generated a US$9.6 billion gain and dominated the quarter’s bottom line.

For the commercial story, BCA delivered 160 aircraft in Q4 and 600 in 2025—the highest annual delivery total since 2018—yet still recorded an operating loss of $632 million for the quarter and an operating loss of US$7.1 billion for the full year, underscoring that higher output didn’t fully translate into healthier unit economics.

What Changed on the Factory Floor

Boeing said it increased 737 production to 38 per month and targeted 42 per month in mid-2026, while the 787 program stayed at five per month and targeted seven per month in 2026 (and eight later). On development, Boeing said 737-10 flight testing was complete and it awaited FAA certification, while 777-9 flight testing and 777-8 freighter work continued.

Orders, Backlog: the “Demand Is There” Signal

BCA booked 336 net orders in Q4 (including deals tied to Alaska Airlines [AS] and Emirates[EK]) and ended 2025 with 5,625 unfilled orders and a US$567.3 billion backlog, up from US$435.2 billion a year earlier.