In the corresponding three months in 2018, Boeing made a profit of $2.2bn (£1.8bn).
The latest variant of the twin-jet plane was grounded worldwide after two fatal crashes killed a total of 346 people.
Payouts to airlines whose planes are standing idle, as well as carriers expecting deliveries of the aircraft, have cost the planemaker $4.9bn (£3.9bn).
In both the Lion Air accident in October 2018 and the Ethiopian Airlines crash in March 2019, an anti-stall system known as MCAS was blamed.
In each case, in response to a faulty instrument reading, the software tilted the aircraft nose down relentlessly as the pilots battled to save the plane.
The Boeing chairman, president and chief executive, Dennis Muilenburg, said: “This is a defining moment for Boeing and we remain focused on our enduring values of safety, quality, and integrity in all that we do, as we work to safely return the 737 Max to service.
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