Embraer revenue reaches $2.35 billion as earnings miss

Embraer (NYSE:EMBJ) reported third-quarter 2026 revenue of US$2.35 billion, beating analyst expectations, while adjusted earnings of US$0.41 per share fell short of the US$0.87 estimate.

Revenue increased 17% year-over-year, reaching a third-quarter record, while net income attributable to shareholders declined to US$71.1 million from US$116.6 million a year earlier.

Adjusted net income was US$73.6 million, compared with US$84.3 million in the prior-year quarter, as higher net financial and tax expenses affected the results.

Adjusted EBIT reached US$254.8 million, representing a 10.9% margin compared with 8.6% a year earlier, while adjusted free cash flow excluding Eve totalled US$627.7 million.

Commercial Aviation generated US$696 million in revenue, Executive Aviation contributed US$655 million, Defense and Security recorded US$341 million, and Services and Support generated US$638 million.

Looking ahead, Embraer raised its 2026 revenue forecast to US$8.4 billion–US$8.6 billion from US$8.2 billion–US$8.5 billion and increased its adjusted free cash flow target excluding Eve to at least US$700 million from US$400 million, while its aircraft backlog reached US$35.7 billion.