Embraer (EMBJ) lifts 2026 margin outlook after record Q2 2026 results

Rhea-AI Filing Summary

Embraer S.A. reported record second-quarter 2026 performance, with net revenues of US$2.235 billion, up 23% from US$1.819 billion a year earlier, marking the best Q2 revenue in its history. Deliveries reached 65 aircraft, the highest Q2 level in 16 years, including 45 commercial and 24 executive jets.

The total firm order backlog rose to US$34.5 billion from US$29.7 billion in 2Q25, the seventh consecutive all-time high, with additional options taking potential value to about US$56.0 billion. Segment revenues grew year on year in Commercial (+32%), Executive (+8%), Defense & Security (+24%), and Services & Support (+38%).

Profitability improved meaningfully: adjusted EBITDA increased to US$356 million (15.9% margin) from US$246 million (13.5%), and adjusted EBIT rose to US$297 million (13.3% margin) from US$192 million (10.5%). Adjusted net income was US$219 million (9.8% margin), up from US$158 million (8.7%), with EPS of US$1.91 per ADS. Adjusted free cash flow swung to a positive US$401 million from a negative US$162 million in 2Q25, and net leverage excluding Eve fell to 0.2x adjusted EBITDA from 0.7x a year earlier.

On the back of this performance, 2026 guidance was raised, with revenue still at US$8.2–8.5 billion but adjusted EBIT margin increased to 10.0–10.6% and free cash flow to US$400 million or higher, versus previous targets of 8.7–9.3% and US$200 million or higher.

Positive

• Record Q2 scale and growth: Net revenues reached US$2.235 billion, up 23% year on year, with 65 aircraft delivered, the highest second-quarter delivery level in 16 years.
• Profitability expansion: Adjusted EBIT rose to US$297 million with a 13.3% margin, up from US$192 million and 10.5%, while adjusted net income increased 39% to US$219 million.
• Strong cash generation and deleveraging: Adjusted free cash flow improved to US$401 million from negative US$162 million, and net debt to adjusted EBITDA fell to 0.2x from 0.7x.
• Record backlog and demand visibility: Firm backlog grew to US$34.5 billion from US$29.7 billion, the seventh consecutive all-time high, with options lifting potential value to about US$56.0 billion.
• Upgraded 2026 guidance: The company raised its 2026 adjusted EBIT margin target to 10.0–10.6% and free cash flow to US$400 million or higher, from 8.7–9.3% and US$200 million or higher.

Negative

• Executive Aviation margin compression: Executive Aviation revenue grew 8% year on year, but EBIT declined by US$7 million to US$18 million, with margin slipping to 2.9%, 140 basis points lower.

Filing Explained

The filing adds declared R$200 million shareholder remuneration and shows Eve testing milestones extending to type certification in 2028.

Form 6-K is an interim report used by a foreign private issuer to furnish material information published in its home market. Embraer’s presentation records 2Q26 shareholder remuneration as declared, with a gross amount of R$200 million, or R$0.28 per share and an estimated US$0.22 per ADS.

The Eve program is shown at 59 completed hover flights and seven initial transition flights year to date; the timeline lists test conclusion in 3Q26, full transition flights in 4Q26, a flight campaign in 2027, and type certification in 2028.

The presentation also separates orders from additional rights: Azorra ordered 15 E195-E2 aircraft while maintaining 15 purchase rights, and the UAE ordered 10 C-390 aircraft with 10 options.

Key Figures

Net Revenues 2Q26: US$2,235 million Adjusted EBIT 2Q26: US$297 million Adjusted Free Cash Flow 2Q26: US$401 million +5 more

8 metrics

Net Revenues 2Q26 US$2,235 million Consolidated net revenues in 2Q26, up from US$1,819 million in 2Q25

Adjusted EBIT 2Q26 US$297 million Adjusted EBIT in 2Q26 with 13.3% margin, versus US$192 million and 10.5% in 2Q25

Adjusted Free Cash Flow 2Q26 US$401 million Adjusted free cash flow in 2Q26, versus negative US$162 million in 2Q25

Backlog 2Q26 US$34.5 billion Firm order backlog at 2Q26, up from US$29.7 billion in 2Q25

Adjusted Net Income 2Q26 US$219 million Adjusted net income in 2Q26 with 9.8% margin, versus US$158 million and 8.7% in 2Q25

Net Debt / Adjusted EBITDA 0.2x Net debt w/o Eve to adjusted EBITDA at 2Q26, down from 0.7x at 2Q25

2026 Revenue Guidance US$8.2–8.5 billion Full-year 2026 consolidated revenue guidance range

2026 Adj. EBIT Margin Guidance 10.0%–10.6% Updated 2026 adjusted EBIT margin guidance, raised from 8.7%–9.3%

Key Terms

backlog, book-to-bill, adjusted EBITDA, adjusted EBIT, +2 more

6 terms

backlog financial

"Backlog US$34.5 bn; 7th consecutive all-time high"

A backlog is the amount of work or orders that a company has received but hasn't completed yet. It’s like a restaurant with many dishes to serve; the backlog shows how many orders are still waiting to be finished. It matters because a large backlog can indicate strong demand or potential delays in delivering products or services.

book-to-bill financial

"*Book-to-bill LTM Consolidated 1.6x; Commercial Aviation 1.8x"

The book-to-bill ratio compares new orders a company has received (bookings) to the products or services it has invoiced or shipped (billings) over the same period. It matters to investors because a ratio above 1 means demand is outpacing fulfillment and the company may grow revenue or build backlog, while a ratio below 1 suggests slowing demand and possible future revenue weakness — think of it as new customer orders versus what the company actually sold.

adjusted EBITDA financial

"ADJUSTED EBITDA US$ million 2Q25 2Q26 356 246 13.5% 15.9%"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

adjusted EBIT financial

"ADJUSTED EBIT US$ million 2Q25 2Q26 297 192 10.5% 13.3%"

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.

free cash flow financial

"ADJUSTED FCF US$ million 2Q25 2Q26 97 121 (162) 401"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

Interest on Equity financial

"2Q26 IoE 200.0 0.28 0.22 Total 200.0 0.28 0.22"

A payment a company makes to its shareholders that compensates them for the capital they provided, similar to how a lender receives interest on a loan. In some accounting or tax systems this payment is treated like interest rather than a regular dividend, which can change a company’s reported profit, cash flow and the taxable income of investors; that treatment affects shareholder returns and valuation.

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Available on EDGAR 08/10/2026 - 06:20 AM Accepted by SEC EDGAR 08/10/2026 - 06:19 AM Learn about SEC filing dates

FAQ

How did Embraer (EMBJ) perform financially in 2Q26?

Embraer delivered US$2.235 billion in net revenues in 2Q26, up 23% year on year. Adjusted EBIT reached US$297 million with a 13.3% margin, and adjusted net income was US$219 million, a 9.8% margin.

What were Embraer (EMBJ) aircraft deliveries and backlog in 2Q26?

Embraer delivered 65 aircraft in 2Q26, its highest second-quarter level in 16 years. The firm order backlog increased to US$34.5 billion, with options taking potential contract value to about US$56.0 billion.

How did Embraer (EMBJ) segment revenues and margins evolve in 2Q26?

Commercial Aviation revenue grew 32% to US$725 million with 23.4% EBIT margin, while Executive, Defense & Security, and Services & Support posted revenue growth of 8%, 24%, and 38%, respectively, with expanding margins except in Executive Aviation.

What was Embraer (EMBJ) cash flow and leverage position in 2Q26?

Adjusted free cash flow swung to US$401 million from negative US$162 million a year earlier. Net debt to adjusted EBITDA excluding Eve decreased to 0.2x, down from 0.7x in 2Q25, indicating continued deleveraging.

How did Embraer (EMBJ) change its 2026 financial guidance?

Embraer kept 2026 revenue guidance at US$8.2–8.5 billion but raised adjusted EBIT margin guidance to 10.0–10.6% and free cash flow to US$400 million or higher, from 8.7–9.3% and US$200 million or higher.

What earnings and dividends did Embraer (EMBJ) report for 2Q26?

Adjusted earnings per ADS were US$1.91 for 2Q26. The company declared Interest on Equity of R$200.0 million, equal to R$0.28 per share and an estimated US$0.22 per ADS.

____________________________________________________

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 August 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): ¨

1 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. RESULTS2Q26 2 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. This conference call may include statements about future events, based on Embraer's expectations and market financial trends. Such statements are subject to uncertainties that may cause actual results to differ from those expressed or implied in this conference call. Except in accordance with the applicable rules, the company assumes no obligation to publicly update any forward-looking statements. For detailed financial information, the company encourages reviewing publications filed by the company with the CVM. DISCLAIMER 3 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. SUSTAINABLE AND PROFITABLE GROWTH Driven by Efficiency and Innovation SAFETY FIRST, QUALITY ALWAYS IN EVERYTHING WE DO! ➤ Best Q2 revenue in thecompany’s history (US$2.2 bn) ➤ Highest Q2 deliveries in thelast 16 years (65 aircraft) ➤ Backlog US$34.5 bn; 7th consecutive all-time high ➤ 2026 Guidance updated: higher EBIT margin (10.3%) and FCF (>US$400 M) ➤ Positive performance across all business units ➤ Continued focus on efficiency and production ramp-up 4 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. 2Q26 HIGHLIGHTS Azorra orders 15 E195-E2 maintaining 15 purchase rights E2 program surpasses 500 firm orders strengthening market position Record Q2 revenues and deliveries (c.US$730 million; 45 jets) Praetor 500E/600E received triple certification (ANAC, FAA and EASA) UAE orders10 C-390 with10 options - first selection in the Middle East Continued revenue and margin growth - supported by strong execution Contract with Jazz Aviation to support spare parts inventory for 25 E175New FAB maintenance agreement to reinforce KC-390 support ecosystem COMMERCIAL AVIATION EXECUTIVE AVIATION DEFENSE & SECURITY SERVICES & SUPPORT 5 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. Medium Jets Small Jets 2Q25 2Q26 38 45 2Q25 2Q26 GUIDANCE 2026:80 to 85 1H26: 30 a/c (36% mid-point; 35% 5Y avg) E2 E1 GUIDANCE 2026: 160 to 170 1H26: 74 a/c (45% mid-point; 34% 5Y avg) 21 17 21 24 9 10 10 10 19 20 +5% +18% COMMERCIAL AVIATION EXECUTIVE AVIATION DELIVERIES DELIVERIES 6 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. BACKLOG US$ billion Services & Support Defense & Security Executive Aviation Commercial Aviation 4.9 4.3 7.4 13.1 2Q25 5.5 6.1 7.8 15.1 2Q26 29.7 34.5 2Q26 + Options ~56.0 58% 26% 16% Options +42% +12% +5% +15% +16% *Book-to-bill LTM: Consolidated 1.6x; Commercial Aviation 1.8x; Executive Aviation 1.1x; Defense & Security 2.6x; Services & Support 1.3x. Informação confidencial da Eve. Reprodução proibida sem autorização. HOVER FLIGHTS Completed (59 flights) Ongoing and next steps Dec. 2025 – 2Q26 1st Flight TRANSITION FLIGHTS Initial Transition Flights (7 flights ytd) 3Q26 TEST CONCLUSION Full Transition Flights 4Q26 CERTIFICATION PROTOTYPES 2027 EVE FLIGHT CAMPAIGN 7 Suppliers’ Final Design Review of Conforming Prototype 2028 TYPE CERTIFICATION This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 8 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. BUSINESS RESULTS 2Q26 9 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. 4% 2Q25 3% 2Q26 625 577 • Revenue +32% yoy • EBIT $170m (+$90m yoy); margin +23.4% (+890bp)¹ • Revenue +8% yoy • EBIT $18m (-$7m yoy); margin +2.9% (-140bp) ¹ Ex. U.S. import tariffs and tax credits: +16.1% (2Q26) vs. +16.2% (2Q25) Adj. EBIT margin Revenues (US$m) COMMERCIAL AVIATION 2Q25 2Q26 15% 23% 725 549 EXECUTIVE AVIATION Adj. EBIT margin Revenues (US$m) 10 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. • Revenue +24% yoy • EBIT $106m (+$35m yoy); margin +18.7% (+320bp)¹ • Revenue +38% yoy • EBIT $36m (+$16m yoy); margin +11.9% (+270bp) 9% 2Q25 12% 2Q26 304 221 DEFENSE & SECURITY 2Q25 2Q26 16% 19% 565 456 SERVICES & SUPPORT Adj. EBIT margin Revenues (US$m) Adj. EBIT margin Revenues (US$m) ¹ Ex. U.S. import tariffs and tax credits: +17.6% (2Q26) vs. +15.6% (2Q25) 11 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. CONSOLIDATED RESULTS 2Q26 12 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. 32% 28% 26% 14% BREAKDOWN BYBUSINESS 2Q261 ¹Revenue breakdown does not include “Others” Business Unit. 1,819 2Q25 2,235 2Q26 +23% NET REVENUES US$ million GUIDANCE 2026: US$8.2 – 8.5 billion 1H26: US$3,682 million (44% mid-point; 39% 5Y avg) Services & Support Defense & Security Executive Aviation Commercial Aviation 13 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. ¹ Reported EBITDA and EBIT Eve expenses/warranties, all numbers from Eve are IFRS. ² Ex T&TCs - Ex U.S. tariffs and tax credits. ³ Other includes unallocated operating income (expenses). ADJUSTED EBITDA US$ million ADJUSTED EBIT US$ million 2Q25 2Q26 356 246 13.5% 15.9% BREAKDOWN BY BUSINESS 2Q26 2Q25 2Q26 297 192 10.5% 13.3% Exec. D&S Com. S&S Other³ 170 36 18 106 (33) UPDATED GUIDANCE 2026: 10.0% – 10.6% 1H26: +10.6%; +5.1% 5Y avg Reported EBITDA¹ Margin 345 +15.4% 233 +12.8% 1H26: $500m; $213m 5Y avg Reported EBIT¹ Margin 286 +12.8% 180 +9.9% 1H26: $391m; $119m 5Y avg Adj. EBITDA Ex T&TCs² Margin 296 +13.2% 256 +14.0% Adj. EBIT ExT&TCs² Margin 237 +10.6% 202 +11.1% Excludes Eve Excludes Eve 14 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. 9 36 24 42 53 28 1 Research is expensed (i.e. not capitalized) Capex Net add Pool Program Additions to intangible Research ¹ 2Q25 2Q26 2Q25 2Q26 97 121 (162) 401 UPDATED GUIDANCE 2026: US$400 million or higher 1H26: -0.6% mid-point revenue; -5.4% 5Y avg revenue 8 Excludes Eve ADJUSTED FCF US$ million INVESTMENTS US$ million 18 Excludes Eve 15 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. Adj. Net Income Adj. Net Income Margin 8.7% 2Q25 9.8% 2Q26 158 219 (-1.0) 0.9 1.9 2.5 2022 2023 2024 2025 2026 LTM ADJ. NET INCOME US$ million EARNINGS PER SHARE US$ ADS basics 1.91 1.4 1Hatched area represents BA agreement with nominal 34% income tax rate. Excludes Eve 16 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. FINANCIAL POSITION US$ million 2.3x 2022 1.4x 2023 0.1x 2024 (0.1)x 2025 922 562 459 889 0.7x 2Q25 0.2x 2Q26 1,038 1,034 Net Debt w/o Eve / Adj EBITDA Adj. EBITDA Adj. EBITDA LTM 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 66 15 25 19 106 7 85 205 672 Embraer Debt DELEVERAGING DEBT PROFILE 5 >2036 1,014 9.2years 5.1%averagecost Excludes Eve 17 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. SHAREHOLDER REMUNERATION Period Declared Income Gross Amount Declared (R$ million) Gross Value per Share (R$) Gross Valueper ADS (US$)¹ 2Q26 IoE 200.0 0.28 0.22 Total 200.0 0.28 0.22 Dividend yield (%) ² 0.34% 0.34% 1 Estimated value (i.e. dependent on spot foreign exchange rate). 2 Dividend yield was calculated based on the share price as of June 30, 2026. 18 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. DELIVERIES COMMERCIAL AVIATION EXECUTIVE AVIATION LOW HIGH 80 85 LOW HIGH 8.2 8.5 LOW HIGH 10.0% 10.6% FINANCIALS REVENUE US$ billion ADJ. EBIT MARGIN* FREE CASH FLOW* US$ million 2026 GUIDANCE UPDATED LOW HIGH 160 170 400 or higher * Previous Guidance: Adj EBIT Margin (8.7% - 9.3%); Free Cash Flow (US$200 m or higher) 19 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. Francisco Gomes Neto - CEO CLOSING REMARKS 20 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. Global market success across all continents Sustained demand supporting growth Positive momentum for KC-390 and A-29 Continuous growth in recurring revenues Continuousfocusonsalesandefficiencytomaximize midtermresultswhile investingin new technologiesfor a more ambitiouslong-termexpansion SAFETY FIRST, QUALITY ALWAYS IN EVERYTHING WE DO! 21 This information belongs to Embraer and cannot be used or reproduced without written permission PUBLIC INFORMATION from the Company. THANK YOU!

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: August 9, 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