Embraer grows profit 38% to $218.6m in Q2

Brazilian aircraft manufacturer, Embraer, recorded a 38.4 per cent increase in adjusted net income in the second quarter of 2026, driven by higher revenue and improved operating performance.

The company disclosed this in its financial results released on Monday, 10 August 2026, as it raised its full-year guidance following a strong performance in the April-June period.

Embraer’s adjusted net income rose to $218.6m in Q2 2026 from $158m recorded in the corresponding period of 2025.

Revenue also increased 23 per cent year-on-year to $2.2bn, representing the company’s highest-ever revenue for the second quarter.

The aircraft manufacturer said adjusted free cash flow, excluding Eve, stood at $401m during the quarter.

It attributed the performance to “stronger operating performance, strong sales-related pre-downpayment inflows, and an extraordinary tax credit”.

The company said the tax credit, exemption from tariffs and improved business outlook prompted it to increase its financial guidance for 2026.

“Embraer now expects to close 2026 with an adjusted EBIT margin between 10 per cent and 10.6 per cent (up from between 8.7 per cent and 9.3 per cent) and adjusted free cash flow excluding Eve of US$400m or higher (up from US$200m or higher),” the company said in a statement.

Embraer also reported that its firm order backlog had risen to a record $34.5bn, representing a 16 per cent increase compared with the second quarter of 2025.

The company delivered 65 aircraft during the quarter, describing the performance as its “strongest second-quarter performance over the past 16 years.”

The deliveries represented a 17 per cent increase compared with the same period last year.

Of the 65 aircraft delivered, 20 were commercial aircraft while 45 were executive jets. The company’s Defence and Security division recorded no aircraft deliveries during the period.

Embraer reaffirmed its 2026 delivery targets of between 80 and 85 commercial aircraft and between 160 and 170 executive jets.

The executive aviation business generated $725m in revenue during the quarter, representing a 32 per cent increase from Q2 2025.

The company said the growth was “benefiting from higher volumes and product mix.”

Meanwhile, its Defence & Security business recorded revenue of $304m, up 38 per cent year-on-year.

According to Embraer, the increase was “driven by stronger KC-390 Millennium revenue recognition related to customer mix and product stage.”