EMBRAER EARNINGS RESULTS - 2nd QUARTER 2026

Rhea-AI Summary

Embraer (NYSE: EMBJ) reported 2Q26 revenues of US$2.235 billion, an all‑time high second quarter and a 23% year-over-year increase. Adjusted EBIT was US$296.9 million, with a 13.3% margin versus 10.5% in 2Q25.

Embraer updated 2026 guidance, keeping delivery and revenue ranges unchanged but raising its Adjusted EBIT margin outlook to 10.0%–10.6% (from 8.7%–9.3%) and Adjusted free cash flow without Eve to US$400 million or higher (from US$200 million or higher). The circa US$110 million increase in the midpoint of implied 2026 Adjusted EBIT includes a US$68 million extraordinary tax credit and US$38 million from exemption of direct U.S. import tariffs in 2H26.

Adjusted free cash flow without Eve reached US$401.0 million in 2Q26. Embraer delivered 65 aircraft (+7% YoY), and its firm order backlog rose to an all‑time high of US$34.5 billion, more than 16% higher year-over-year.

Positive

• Revenue US$2.235 billion in 2Q26, up 23% year-over-year
• Adjusted EBIT margin 13.3% in 2Q26 vs 10.5% in 2Q25
• Adjusted free cash flow without Eve of US$401.0 million in 2Q26
• Backlog US$34.5 billion, an all-time high and >16% higher year-over-year
• 2026 Adjusted EBIT margin guidance raised to 10.0%–10.6% from 8.7%–9.3%
• 2026 adjusted free cash flow guidance without Eve increased to US$400 million or higher from US$200 million or higher

Negative

• US$68 million extraordinary tax credit significantly boosts 2Q26 Adjusted EBIT and cash flow
• US$8 million U.S. import tariffs incurred in 2Q26
• Company remains subject to about US$12 million in annual indirect U.S. import tariffs
• No defense segment deliveries reported in 2Q26

News Explained

Alongside its raised 2026 outlook, Embraer says it remains subject to circa US$12 million of indirect U.S. import tariffs yearly; the direct-tariff exemption in the second half of 2026 therefore does not remove all disclosed tariff expense.

Market Context

Historical earnings reactions included -11.28% after 1Q26 and -7.19% after FY25, while the share buy...

Analysis

Historical earnings reactions included -11.28% after 1Q26 and -7.19% after FY25, while the share buyback event saw 4.44%. This record places the current earnings update against inconsistent event-to-price alignment; low short positioning was an additional context.

Key Figures

2026 Revenue Guidance: US$8.2–US$8.5 billion Adjusted EBIT Margin Guidance: 10.0%–10.6% Adjusted Free Cash Flow Guidance: US$400 million or higher +5 more

8 metrics

2026 Revenue Guidance US$8.2–US$8.5 billion 2026 outlook, unchanged

Adjusted EBIT Margin Guidance 10.0%–10.6% 2026 outlook, up from 8.7%–9.3%

Adjusted Free Cash Flow Guidance US$400 million or higher 2026 outlook, up from US$200 million or higher

2Q26 Revenue US$2,235 million 2Q26, all-time high second quarter and +23% year-over-year

Adjusted EBIT US$296.9 million 2Q26, with a 13.3% margin

Adjusted Free Cash Flow US$401.0 million 2Q26, excluding Eve

Aircraft Deliveries 65 aircraft 2Q26, +7% versus 61 aircraft year-over-year

Firm Order Backlog US$34.5 billion 2Q26, all-time high and more than 16% higher year-over-year

Historical Context

5 past events · Latest: May 08 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 08	1Q26 earnings	Positive	-11.3%	Revenue and backlog records accompanied by a negative 24-hour price reaction.
May 05	Eve earnings	Negative	+0.5%	Higher net loss and research spending accompanied by a positive 24-hour price reaction.
Apr 10	CFO appointment	Neutral	+1.9%	Internal executive appointment was followed by a positive 24-hour price reaction.
Mar 06	Share buyback	Positive	+4.4%	Early completion of a share repurchase program was followed by a positive reaction.
Mar 06	4Q25 earnings	Positive	-7.2%	Annual revenue growth and record backlog preceded a negative 24-hour price reaction.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Embraer’s recent positive earnings releases were followed by negative 24-hour price reactions, indicating repeated divergence from reported operating performance.

Key Terms

adjusted ebit, adjusted free cash flow, bp

3 terms

adjusted ebit financial

"Adjusted EBIT reached US$296.9 million with a +13.3% margin in 2Q26"

Adjusted EBIT is a company’s operating profit before interest and taxes, but cleaned up by removing one-time or unusual items that can obscure ongoing performance. Investors use it like a tidied-up report card — it aims to show the underlying profitability of the business by excluding irregular gains, losses, or costs so comparisons across periods or companies are clearer and more meaningful for valuing operational strength.

adjusted free cash flow financial

"Adjusted free cash flow w/o Eve was US$401.0 million during the period"

Adjusted free cash flow is the amount of money a company generates from its operations after accounting for essential expenses and investments, like maintaining or upgrading equipment. It shows how much cash is truly available to grow the business, pay debts, or return to shareholders, helping investors see the company's financial health more clearly.

bp financial

"The circa US$110 million (130bp) increase in the mid-point"

A bp, short for basis point, is one one-hundredth of a percentage point (0.01%). It’s a compact way to describe small changes in interest rates, yields, fees or spreads; for example, 25 bp equals 0.25%. Think of basis points as the centimeters inside a percentage “meter”: small moves can still change costs, returns or valuations noticeably when large sums are involved, so reporters and investors use bp to communicate precision.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SÃO PAULO, Aug. 10, 2026 /PRNewswire/ -- EMBRAER S.A. (NYSE: EMBJ; B3: EMBJ3) RELEASES ITS SECOND QUARTER 2026 EARNINGS RESULTS.

HIGHLIGHTS

• 2026 Guidance updated: From an operational point of view, Commercial Aviation deliveries between 80 and 85 aircraft (unchanged) and Executive Aviation deliveries between 160 and 170 aircraft (unchanged). From a financial point of view, the company now forecasts revenues in the US$8.2 to US$8.5 billion range (unchanged), Adjusted EBIT margin between 10.0% and 10.6% (up from between 8.7% and 9.3%), and Adjusted free cash flow w/o Eve of US$400 million or higher (up from US$200 million or higher) for the year.
• The circa US$110 million (130bp) increase in the mid-point of the implied 2026 Adjusted EBIT guidance reflects: a) US$68 million (80bp) from an extraordinary tax credit, b) US$38 million (45bp) from the exemption of direct U.S. import tariffs in 2H26 and c) US$4 million (5bp) from an improved business outlook. (The company is still subject to circa US$12 million (15bp) of indirect U.S. import tariffs on a yearly basis).
• Revenues totaled US$2,235 million in 2Q26 – all-time high 2nd quarter – and +23% year-over-year (yoy).
• Adjusted EBIT reached US$296.9 million with a +13.3% margin in 2Q26 (+10.5% in 2Q25). U.S. import tariffs totaled US$8 million during the quarter (35bp) and the company recorded an extraordinary US$68 million tax credit (300bp). If we exclude the effects of both U.S. tariffs and the extraordinary tax credit, Adjusted EBIT margin would have been +10.6% in 2Q26.
• Adjusted free cash flow w/o Eve was US$401.0 million during the period, reflecting stronger operating performance, strong sales related pre-downpayment inflows and an extraordinary tax credit.
• Embraer delivered 65 aircraft in 2Q26, of which 20 were commercial jets (10 E2s and 10 E1s), 45 were executive jets (24 small and 21 medium) while there were no deliveries in defense; +7% versus the 61 aircraft delivered yoy.
• Firm order backlog of US$34.5 billion in 2Q26 – an all-time high and more than 16% higher yoy. For more information, please see our 2Q26 Backlog and Deliveries release.
• To access the spreadsheet containing the data available in our Investor Relations website click here.

For additional information, please check the full document on our website ri.embraer.com.br

Embraer will host a conference call to present its 2Q26 results on:

Monday, August 10, 2026
ENGLISH: 7:00 AM (NY Time) / 9:00 AM (SP Time).
Translation to Portuguese.

To access the webcast, click here.

Zoom webinar: 859 8644 2859
We recommend you join 15 minutes in advance. 

 

View original content:https://www.prnewswire.com/news-releases/embraer-earnings-results---2nd-quarter-2026-302847054.html

SOURCE Embraer S.A.

FAQ

How did Embraer (EMBJ) perform financially in the second quarter of 2026?

Embraer reported 2Q26 revenue of US$2.235 billion and Adjusted EBIT of US$296.9 million, with a 13.3% margin. According to Embraer, this was an all-time high second-quarter revenue, representing a 23% year-over-year increase in sales.

What guidance did Embraer (EMBJ) provide for its full-year 2026 results?

Embraer maintained 2026 delivery and revenue guidance but raised profitability and cash flow targets. According to Embraer, it now forecasts Adjusted EBIT margin of 10.0%–10.6% and Adjusted free cash flow without Eve of US$400 million or higher for the year.

How many aircraft did Embraer (EMBJ) deliver in Q2 2026 and by segment?

Embraer delivered 65 aircraft in 2Q26, up 7% year-over-year. According to Embraer, this included 20 commercial jets (10 E2 and 10 E1) and 45 executive jets (24 small and 21 medium), with no defense deliveries reported.

What is Embraer’s (EMBJ) order backlog as of the second quarter 2026?

Embraer reported a firm order backlog of US$34.5 billion in 2Q26. According to Embraer, this represents an all-time high backlog level and is more than 16% higher year-over-year, supporting future revenue visibility for the company.

How did extraordinary tax items and U.S. tariffs impact Embraer’s (EMBJ) Q2 2026 results?

Embraer’s 2Q26 results included a US$68 million extraordinary tax credit and US$8 million in U.S. import tariffs. According to Embraer, excluding both, the Adjusted EBIT margin would have been 10.6% instead of the reported 13.3%.

What are Embraer’s (EMBJ) 2026 delivery targets for commercial and executive aviation?

Embraer is guiding 2026 commercial aviation deliveries between 80 and 85 aircraft and executive aviation deliveries between 160 and 170 aircraft. According to Embraer, these operational delivery ranges remain unchanged from prior guidance for the year.

When is Embraer’s (EMBJ) Q2 2026 earnings conference call and how can investors listen?

Embraer will host its 2Q26 results conference call on Monday, August 10, 2026, at 7:00 AM NY Time. According to Embraer, investors can access the webcast online or join via Zoom webinar ID 859 8644 2859.