Embraer Reports Best Q1 Result in History with Revenue of $1.4b

Embraer, a global leader in the aerospace industry, reached revenues of US$1.4 billion in the first quarter of 2026, the highest level the company has ever achieved in a first quarter. The result represents a 31% year-over-year (yoy) increase, driven mainly by Defense & Security and Commercial Aviation.

The company also reported adjusted EBIT of US$94 million for the period, with a margin of 6.5% (versus 5.6% a year earlier), reflecting a continued strong focus on efficiency. Adjusted net income totaled US$27.7 million, compared with US$50 million in the same quarter of 2025.

Net income attributable to shareholders and net income per ADS (American Depositary Shares) were US$33.4 million and US$0.1856, respectively, versus US$73.4 million and US$0.3997 a year earlier.

Regarding investments, Embraer reported US$98.8 million in the period, up from US$88.2 million in the first quarter of 2025. Including investments in Eve, the total reached US$148.6 million, also above the US$124.5 million reported in the same quarter of 2025.

Performance by business unit

A standout in the first quarter, Defense & Security generated revenues of US$227 million, an increase of 63% year-over-year. The performance reflected stronger KC-390 revenue recognition due to customer mix and product stage, as well as increased production rates of the A-29 Super Tucano.

Gross margin increased from 12.3% to 26.8% yoy, while the adjusted EBIT margin rose from -1.6% to 17% yoy, supported by the positive impact of one-time items.

Commercial Aviation also stood out, with quarterly revenues of US$293 million, a 45% increase yoy, mainly reflecting higher volumes and pricing. In Executive Jets, revenues totaled US$418 million in the quarter, 30% higher than in the same period of 2025, driven by higher volumes and product mix.

Meanwhile, Services & Support recorded revenues of US$490 million in the quarter, representing 15% growth compared with last year, supported by higher volumes across all segments, particularly Defense & Security.

Deliveries and backlog

Embraer delivered 44 aircraft in the first quarter of 2026, a 47% increase compared with 30 aircraft delivered in the opening quarter of 2025, reflecting progress in production leveling efforts. The company’s backlog reached US$32.1 billion, up 22% yoy, marking its sixth consecutive all‑time high.