波音Q4调整后自由现金流为3.75亿美元 高于预期

Core Viewpoint - Boeing reported a significant increase in Q4 financial performance, driven by a substantial gain from digital aviation solutions and a record backlog of orders [1] Financial Performance - Adjusted free cash flow for Q4 2025 is projected at $375 million, exceeding the expectation of $271.9 million [1] - Q4 revenue reached $23.948 billion, up 57% from $15.242 billion in the same period last year, surpassing market expectations of $22.32 billion [1] - GAAP net income was $8.22 billion, compared to a loss of $3.861 billion in the previous year; adjusted earnings per share were $10.23, recovering from a loss of $5.46 [1] Order Backlog and Production - Total backlog of orders increased to a record $682 billion, including over 6,100 commercial aircraft as of the end of Q4 [1] - The 787 program is transitioning to a production rate of 8 aircraft per month, with a focus on stabilizing this level [1] - The first 777-9 aircraft is still expected to be delivered in 2027, while the 737 program's production rate will increase to 42 aircraft per month in Q4 [1] - Net orders for commercial aircraft in Q4 totaled 336 [1]