Jesus Jr. on free cash flow guidance
From Boeing Co ($BA) Q1 2026 Earnings Call · · Castify Earnings Call
“We continue to expect positive free cash flow of 1 to 3 billion this year, aligned with the expectations I shared last quarter. As I said previously, we benefited from order timing in the first quarter. We expect second quarter free cash flow to improve with the second half of the year turning positive. Of note, we assume the expected DOJ payment to occur in the second half of the year. Beyond 2026, and consistent with what we've discussed previously, cash flow is expected to grow primarily driven by higher commercial deliveries, steady performance improvements at BDS, and continued growth at BGS. We continue to view the $10 billion free cash flow figure as very attainable with significant growth beyond that into the next decade as we execute on our record backlog and benefit from continued strong market demand.”
On , Jesus Jr., Executive VP of Finance & CFO at Boeing, spoke about free cash flow guidance during Boeing Co ($BA) Q1 2026 Earnings Call on Castify Earnings Call.
About Jesus Jr.
During Boeing's first quarter 2026 earnings call on April 22, 2026, Jesus Jr., the company's Executive Vice President of Finance and CFO, discussed the company's financial outlook and performance. He stated that Boeing views a $10 billion free cash flow figure as "very attainable" and expects "significant growth beyond that into the next decade" as the company executes on its record backlog. He also noted that Boeing is "on track to generate full year of positive cash flow" and that its commercial, defense, and service portfolios are "well positioned to meet the market demands." On the call, Jesus Jr. addressed the potential for a large aircraft order from China, stating that such an order is "100% dependent on the US China negotiations and relations." He expressed confidence that an upcoming summit between President Trump and President Xi would result in an agreement that includes aircraft orders, calling it "a meaningful opportunity" for Boeing, though he declined to provide a specific number of airplanes. He also discussed the defense budget, citing increases in funding for programs such as the F-47, KC-46 tanker, and F-15EX, and said the company expects to increase KC-46 tanker deliveries from 14 in 2025 to about 19 in 2026.