Embraer Reports Record Third Quarter Revenue of $2.3 Billion
Brazilian aircraft manufacturer raises 2026 financial outlook following strong operational performance across all business units.
1Record Revenue Growth
Embraer achieved record revenue of 2.3 billion dollars in the third quarter of 2026, marking a 17 percent increase compared to the same period last year. This growth was supported by strong performance across all business segments, including commercial aviation, executive jets, and the defense sector, which remains a key pillar.
2Operational Margin Expansion
The company reported an adjusted operational result of 254.8 million dollars, reflecting a margin of 10.9 percent. This represents a significant improvement over the 8.6 percent margin recorded in the third quarter of 2025. Enhanced operational efficiency and increased cash inflows from aircraft sales were primary drivers of this improved profitability.
3Upward Financial Guidance
Following these positive results, Embraer raised its 2026 revenue forecast to a range between 8.4 and 8.6 billion dollars. Additionally, the company increased its adjusted free cash flow projection to at least 700 million dollars, nearly doubling the previous estimate of 400 million dollars, signaling confidence in sustained future business momentum.
4Net Profit Challenges
Despite revenue gains, adjusted net profit fell 12.7 percent to 73.6 million dollars, excluding extraordinary items related to the Eve subsidiary. The net profit attributable to shareholders reached 71.1 million dollars, down from 116.6 million dollars in the third quarter of 2025, primarily due to higher net financial expenses and tax obligations.
5Segment Performance Breakdown
Services and Support led growth with a 30 percent revenue increase to 638 million dollars. Defense and Security revenue rose 22 percent to 341 million dollars, driven by the KC-390 Millennium program. Meanwhile, Commercial Aviation and Executive Aviation segments grew by 13 percent and 12 percent respectively, reflecting balanced demand across all core markets.
6Delivery and Order Backlog
Embraer delivered 66 aircraft during the quarter, a 6 percent increase from the 62 units delivered in the third quarter of 2025. The total included 22 commercial jets, 41 executive jets, and three defense aircraft. The company's order backlog reached a historic record of 35.7 billion dollars, rising 14 percent year-over-year.
7Strategic Investment in Portugal
Embraer maintains a significant presence in Portugal as the majority shareholder of OGMA. The Portuguese government recently approved the construction of a new factory in Beja. This facility will focus on producing A-29N Super Tucano aircraft, which are specifically adapted to meet NATO standards for future defense and security operations.
8Future Outlook and Context
The company invested 149.7 million dollars in the third quarter, with consolidated investments including Eve reaching 219 million dollars. As a global leader in mid-sized regional commercial aircraft, Embraer's ability to maintain a record backlog while expanding production capacity in Europe positions it to capitalize on sustained global demand for aviation.
Original article: ECO — Embraer Reports Record Third Quarter Revenue of $2.3 Billion