Embraer reported record second-quarter revenue of $2.2 billion for 2Q26, up 23% from the same period last year, as stronger aircraft deliveries and demand across its business units boosted performance.
The Brazilian aerospace company posted adjusted EBIT of $296.9
million, representing a 13.3% margin.
Adjusted free cash flow, excluding Eve, reached $401
million, supported by improved operating performance, sales-related
pre-downpayment inflows and an extraordinary tax credit.
Embraer raised its full-year 2026 guidance following the tax
credit, tariff exemptions and an improved business outlook.
The company now expects an adjusted EBIT margin of 10% to
10.6%, compared with its previous forecast of 8.7% to 9.3%.
Adjusted free cash flow excluding Eve is expected to reach
at least $400 million, double the previous minimum target of $200 million.
Adjusted net income rose to $218.6 million in 2Q26 from $158
million a year earlier.
Net income attributable to shareholders increased to $212.6
million, while earnings per American Depositary Share rose to $1.1880 from $0.4283
in 2Q25.
Defence & Security was among the strongest performers,
with revenue increasing 38% year-over-year to $304 million.
Growth was driven by higher KC-390 Millennium revenue
recognition, while its adjusted EBIT margin improved to 11.9% from 9.2%.
Executive Aviation revenue climbed 32% to $725 million,
supported by higher volumes and a favourable product mix. Services &
Support revenue increased 24% to $565 million, while Commercial Aviation
revenue rose 8% to $625 million.
Embraer delivered 65 aircraft during the quarter, its
strongest second-quarter performance in 16 years and 7% above 2Q25.
First-half deliveries reached 109 aircraft, up about 20%
from 91 a year earlier.
The company’s backlog also reached a record $34.5 billion,
marking a 16% year-over-year increase and its seventh consecutive quarterly
rise.
Embraer invested $120.8 million during the quarter, rising to $151 million when including Eve. -TradeArabia News Service