News - Corporate
Embraer releases earnings results 4th quarter 2025 and 2025
March 06, 2026
HIGHLIGHTS:
Guidance for 2026: From an operational point of view, Commercial Aviation deliveries between 80 and 85 aircraft and Executive Aviation deliveries between 160 and 170 aircraft. From a financial point of view, revenues in the US$8.2 to US$8.5 billion range, adjusted EBIT margin between 8.7% and 9.3% (with 10% U.S. import tariffs), and adjusted free cash flow w/o Eve of US$200 million or higher for the year.
Revenues totaled US$2,652 million in 4Q25 and US$7,578 million in 2025 – highest annual level ever – +18% year over year (yoy) and above the high end of guidance. Highlights for Defense & Security and Executive Aviation revenues with +36% and +25% yoy growth.
Adjusted EBIT reached US$230.9 million with an +8.7% margin in 4Q25. For the full year, the company reported adjusted EBIT of US$656.8 million with an +8.7% margin - both above guidance. In 2024, the company's adjusted EBIT ex Boeing reached US$558.2 million for an +8.7% margin. U.S. import tariffs totaled US$27 million during the quarter (102bp); and US$54 million for the full year.
Adjusted free cash flow w/o Eve was US$738.3 million during the quarter and US$491.2 million in 2025, supported by higher number of aircraft delivered. Consequently, the company finished 2025 with US$109.3 million net cash position (w/o Eve).
The liability management strategy implemented materially increased the company's (ex Eve) average loan maturity to 9.1 years in 4Q25 from 3.7 years in 4Q24.
Embraer delivered 91 aircraft in 4Q25, of which 32 were commercial jets (18 E2s and 14 E1s), 53 were executive jets (28 light and 25 medium) while 6 were defense related (2 KC-390 Millennium and 4 A-29 Super Tucano). In 2025, the company delivered a total of 244 aircraft, of which 78 were commercial jets (44 E2s and 34 E1s), 155 were executive jets (86 light and 69 medium), 3 were multi-mission KC-390 Millennium and 8 were A-29 Super Tucano in Defense & Security; +18% versus the 206 aircraft delivered in 2024.
Firm order backlog of US$31.6 billion in 4Q25 – an all-time high and more than 20% higher yoy. Highlight for Commercial Aviation 2.8x book-to-bill across the E175 and E2 platforms, which supported a +42% yoy increase in backlog. For more information please see our 4Q25 Backlog and Deliveries release.
For more information, click on the link: https://embraer.bynder.com/share/7CA51FFA-7454-469D-88D7093BE3523FCC/
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About Embraer
Embraer is a global aerospace company headquartered in Brazil. The company manufactures aircraft for commercial and executive aviation, defense and security, and agricultural applications, and also provides services and after-sales support through a worldwide network of owned facilities and authorized agents.
Since its founding in 1969, Embraer has delivered more than 9,000 aircraft. On average, an Embraer-manufactured aircraft takes off somewhere in the world every 10 seconds, transporting more than 150 million passengers annually.
Embraer is a leading manufacturer of commercial jets with up to 150 seats and is Brazil’s leading exporter of high value-added goods. The company maintains industrial sites, offices, service centers, and parts distribution facilities across the Americas, Africa, Asia, and Europe.