Embraer SEC Filings

Embraer S.A. reported that Air Côte d’Ivoire has signed a firm order for four Embraer E175 jets, with eight additional purchase rights, as part of the airline’s fleet modernization and regional expansion strategy. The 76-seat aircraft, configured with 12 Business and 64 Economy seats, are scheduled for first delivery in the first half of 2027 and will be added to Embraer’s Q4 2025 backlog.

Air Côte d’Ivoire plans to use the E175s on domestic and regional routes from its Abidjan hub, gradually replacing turboprops to improve range, speed, comfort, cargo capacity, and operating economics. Embraer highlights its strong African presence, with 250 aircraft in service across 56 operators, a 7.5% annual fleet growth over 10 years, and a 31% market share in the segment of aircraft with up to 150 seats.

Embraer S.A. reports that Swiss carrier Helvetic Airways has placed a new firm order for three E195-E2 aircraft, with five additional purchase rights. The first delivery is scheduled for the end of 2026. Each jet will have 134 seats in a single-class layout with modern Recaro seating, aiming to combine passenger comfort with operating efficiency.

This order can increase Helvetic’s E2 fleet from 12 to up to 20 aircraft over time, reinforcing its role as a major European operator of Embraer’s E-Jet family. Helvetic currently operates eight E190-E2s, four E195-E2s, four E190s, and four E195s across scheduled, charter, and wet-lease operations. Embraer highlights the E2’s fuel efficiency, low noise, and advanced technology as key factors in the airline’s fleet and sustainability strategy.

Embraer S.A. (ERJ): Brandes Investment Partners, L.P. filed a Schedule 13G/A reporting a passive beneficial ownership position. The filing discloses 5.61% of the class, with holdings listed as 5,866,006 American Depositary Receipts (ADRs) and 17,975,900 ordinary shares (ORDs).

Brandes reports no sole voting or dispositive power. The firm lists shared voting power over 5,207,457.64 ADRs and 14,362,465 ORDs, and shared dispositive power over 5,866,006 ADRs and 17,975,900 ORDs. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

This amendment updates Brandes’s passive ownership and governance posture, indicating a sizable but non‑controlling stake in Embraer’s equity represented by both ADRs and ordinary shares.

Embraer S.A. announced that its Board approved an equity swap program with Banco Itaú Unibanco S.A., referenced to Embraer’s own common shares. The swap allows cash settlement within a maximum of 12 months from November 7, 2025 and sets maximum exposure of up to 10,932,998 common shares, subject to CVM Resolution No. 77/22.

Under the agreement, Embraer will receive the price variation of its shares plus any dividends on the referenced shares, and will pay CDI plus a spread during the term. The stated purpose is to mitigate share price fluctuations tied to future payments under the company’s long-term incentive plans based on phantom shares.

Embraer S.A. (ERJ) declared interest on net equity (JCP) for the fourth quarter, totaling R$ 147,898,208.75, equal to R$ 0.20161537029 per ordinary share, ad referendum of the Annual Shareholders’ Meeting that will approve the fiscal year’s financial statements. The JCP will be imputed to the mandatory dividend for the year.

Shareholders of record at the close on May 11, 2026 will be entitled to the JCP. Shares on B3 trade ex-JCP from May 12, 2026, and ADSs on NYSE from May 13, 2026. Payment will occur by May 20, 2026, with ADS distribution following JPMorgan Chase N.A. procedures. The same Record, ex-dates, and payment deadline also apply to the second and third quarter JCP.

The per-share/ADS amount may vary slightly before the cut-off dates due to the ongoing share buyback program; any change will be announced in a new notice.

Embraer S.A. (ERJ) approved a share buyback program authorizing the repurchase of up to 10,800,000 ordinary shares, approximately 1.5% of the 733,566,139 outstanding common shares as of the approval date. The program begins on November 7, 2025 and runs for 12 months, through November 6, 2026.

Purchases will occur on B3 at market prices via BTG Pactual Serviços Financeiros S/A DTVM. The company plans to use available resources, including its Investment and Working Capital Reserve identified in financial statements for the fiscal year ended September 30, 2025, totaling R$ 2,511,611,561.56. Embraer currently holds 6,898,905 shares in treasury. The board states the program aligns with its financial capacity and will not impair obligations to creditors, and shares may be held in treasury, canceled, resold, or used to meet share-based compensation commitments.

Embraer S.A. reported third-quarter 2025 results with revenue of US$2,003.5 million, up 18% year over year, and an all‑time high backlog of US$31.3 billion. The company reiterated its 2025 guidance for US$7.0–US$7.5 billion in revenue, adjusted EBIT margin of 7.5%–8.3%, and adjusted free cash flow of US$200 million or higher.

Adjusted EBIT was US$172.0 million with an 8.6% margin. Adjusted free cash flow (excluding Eve) was US$300.3 million, supported by lower receivables and higher deliveries. Embraer delivered 62 aircraft in the quarter: 20 commercial, 41 executive, and 1 defense. Segment revenue growth was led by Commercial Aviation (+31%) and Defense & Security (+27%).

S&P upgraded Embraer’s credit rating to BBB, while Fitch and Moody’s moved outlooks to positive. Liquidity remained strong with consolidated cash of US$2,081.5 million and an undrawn US$1.0 billion revolver. Embraer also executed liability management actions, including issuing a US$1 billion 12‑year bond at a 5.40% coupon and repurchasing portions of 2028 and 2030 bonds.

Embraer S.A. filed a Form 6-K detailing 3Q25 performance and updates. Net revenues reached $2,004 million, up 18% year over year, while total backlog rose to $31.3 billion across Commercial, Executive, Defense & Security, and Services. Adjusted EBITDA was $357 million (up 21.1%) and adjusted EBIT was $298 million (up 17.6%). Adjusted net income totaled $54 million with a 2.7% margin.

Commercial Aviation highlighted new orders, including Avelo’s 50 E195-E2 plus 50 purchase rights, and LATAM’s 24 E195-E2 plus 50 options. Defense updates included Portugal’s 6th KC-390 purchase with 10 new options and A-29 agreements with Panama (4) and SNC (1). Executive Aviation posted an all‑time high 3Q revenue of about $580 million and surpassed 2,000 business jets delivered, with record 3Q deliveries.

The company reported continued deleveraging, with net debt to adjusted EBITDA of 0.5x as of 3Q25. Shareholder remuneration for 2025 totals R$209.7 million, with an estimated gross value per ADS of $0.21, and payment dates expected in 2Q26 to be announced in November 2025.