Embraer lifts 2026 free cash flow floor to $700M, excluding Eve
The revised outlook keeps aircraft-delivery and adjusted EBIT margin ranges steady while lifting the minimum free cash flow forecast.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Embraer S.A. (EMBJ) revised its 2026 guidance: consolidated net revenues are projected at US$8.4 billion to US$8.6 billion, versus US$8.2 billion to US$8.5 billion previously, and free cash flow at US$700 million or higher, versus US$400 million or higher. Commercial Aviation deliveries remain 80–85 aircraft, Executive Aviation deliveries 160–170 aircraft, and adjusted EBIT margin 10.0%–10.6%.
The outlook excludes Eve. Embraer defines free cash flow as net cash generated from operating activities, less net additions to property, plant and equipment and additions to intangible assets. Management says the projections reflect its current view, are not a guarantee of performance, and are subject to risks and uncertainties; actual results may differ materially.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Major point. Forward-looking: it has not happened yet and may not happen.US$700 million 2026 free cash flow floor versus US$400 million previously.
Negative
- None.
Key Figures
Key Terms
Adjusted EBIT Margin financial
Free Cash Flow financial
net additions to property, plant and equipment (PP&E) technical
FAQ
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What is Embraer (EMBJ)'s updated 2026 guidance?
How does Embraer (EMBJ) define free cash flow?
AI-generated analysis. How Rhea-AI works. Not financial advice.
____________________________________________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 6-K
__________________________________
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of November 2026
Commission File Number: 001-15102
__________________________________
Embraer S.A.
__________________________________
Avenida Dra. Ruth Cardoso, 8501,
30th floor (part), Pinheiros, São Paulo, SP, 05425-070, Brazil
(Address of principal executive offices)
__________________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
EMBRAER S.A. Publicly Held Company CNPJ/MF: 07.689.002/0001-89 NIRE: 35.300.325.761 MATERIAL FACT Embraer S.A. (the “Company”) in attention to Resolution CVM nº 44/2021, informs its shareholders and the market in general that it has revised its 2026 guidance. Management believes that certain projections disclosed in the Material Fact published on March 6, 2026 and revised on August 10, 2026 no longer reflect the Company's best estimates for the year, in light of evolving operating conditions and the opportunities and risks associated with its businesses. Accordingly, the Company discloses the following updated guidance for 2026: 2026 GUIDANCE1 Previous Commercial Aviation deliveries (aircrafts) 80 - 85 Executive Aviation Deliveries (aircrafts) Consolidated Net Revenues (US$ billion) Adjusted EBIT Margin 160 - 170 8.2 – 8.5 Updated 80 - 85 160 - 170 8.4 – 8.6 10.0% - 10.6% 10.0% - 10.6% Free Cash Flow2 (US$ million) 400 or higher 700 or higher The projections disclosed herein will be reflected in Section 3 of the Company's Reference Form and will be available on the websites of the CVM and the Company within the applicable legal deadlines. The projections disclosed in this Material Fact do not constitute a guarantee of performance and reflect solely the Company's management's current view. Such projections are subject to risks and uncertainties, including factors related to economic, market and industry conditions, many of which are beyond the Company's control. Accordingly, actual results may differ materially from the projections disclosed herein, which may be revised or updated by the Company in accordance with applicable regulations. São José dos Campos, November 10, 2026. Felipe Santana Santiago de Lima Executive Vice President, Financial & Investor Relations 1Does not consider Eve 2Free Cash Flow: refers to net cash generated from operating activities, less net additions to property, plant and equipment (PP&E) and additions to intangible assets.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 10, 2026
| Embraer S.A. | ||||
| By: |
/s/ Felipe Santana Santiago de Lima | |||
|
Name: |
Felipe Santana Santiago de Lima | |||
| Title: | Executive Vice President of Finance and Investor Relations | |||