How did Embraer (NYSE:ERJ) perform in Q1 2026?

Embraer delivered a record-breaking Q1 2026, with consolidated revenues of $1,447 million, marking a 31% increase year-over-year. The growth was driven by a 47% surge in aircraft deliveries, with 44 units handed over to customers. The company's order backlog reached an all-time high of $32.1 billion, up more than 20% compared to the same period last year. Adjusted EBIT for the quarter was $94 million, representing a 6.5% margin.

What drove Embraer’s revenue growth in Q1 2026?

Embraer’s 31% revenue growth in Q1 2026 was primarily driven by strong performances in its commercial and executive aviation segments. The company delivered 44 aircraft during the quarter, marking a 47% increase in deliveries. The surge in demand for aircraft and a higher order backlog, which reached $32.1 billion, contributed significantly to the revenue growth.

What is Embraer’s order backlog and how does it compare to last year?

Embraer’s order backlog reached a record $32.1 billion in Q1 2026, a more than 20% increase compared to the same period in 2025. This indicates strong future demand for Embraer’s aircraft, with the commercial and executive aviation segments driving the bulk of the growth. The backlog reflects the company’s solid position in the aerospace market and its ability to secure long-term contracts.

What were Embraer’s profitability metrics in Q1 2026?

Embraer reported adjusted EBIT of $94 million in Q1 2026, representing a 6.5% margin. While the company faced challenges such as U.S. import tariffs, its profitability remained strong due to increased deliveries and a higher order backlog. The company’s free cash flow, excluding Eve, was negative $447.1 million, reflecting strategic investments to ramp up production and inventory for future deliveries.

How did Embraer manage the impact of U.S. import tariffs in Q1 2026?

Embraer reported $13 million in U.S. import tariffs during Q1 2026. Despite this added cost, the company reaffirmed its full-year 2026 financial guidance, which already assumes a 10% U.S. import tariff. This suggests that Embraer has factored the impact of tariffs into its projections and continues to pursue its growth objectives despite the external pressures.

Tech

Embraer hits record Q1 revenue as backlog soars to $32.1B

Written by Heidi Cuthbert Published May. 8 2026Last Updated May. 8 2026

Embraer (NYSE:ERJ) delivered a record-breaking performance for the first quarter of 2026, signaling a significant acceleration in global aerospace demand.

The São Paulo-based manufacturer reported consolidated revenues of $1,447 million, marking a 31% increase year-over-year and the highest first-quarter top line in the company’s history.

The growth was supported by a 47% surge in aircraft deliveries, with 44 units handed over to customers during the period.

The company's commercial and executive aviation segments drove the bulk of the momentum, pushing the firm order backlog to an all-time high of $32.1 billion—a more than 20% increase compared to the same period last year.

Adjusted EBIT for the quarter reached $94 million, representing a 6.5% margin.

While the company reported an adjusted free cash flow (excluding Eve) of negative $447.1 million, management noted this was a strategic outflow to support the ramp-up of production and inventory for a heavily weighted delivery schedule in the coming quarters.

A key focus of the report was Embraer's resilience in the face of shifting trade policies.

The company disclosed that U.S. import tariffs totaled $13 million during the first quarter.

Despite this added cost, Embraer reaffirmed its full-year 2026 financial guidance, which already assumes a 10% U.S. import tariff across its projections.

Management continues to target full-year revenue between $8.2 billion and $8.5 billion, with an adjusted EBIT margin expected to land between 8.7% and 9.3%.