Embraer has reached revenues of USD 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 an adjusted EBIT of USD 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 totalled USD 27.7 million, compared with USD 50 million in the same quarter of 2025.
Net income attributable to shareholders and net income per ADS (American Depositary Shares) were USD 33.4 million and USD 0.1856 respectively, versus USD 73.4 million and USD 0.3997 a year earlier.
Regarding investments, Embraer reported USD 98.8 million in the period, up from USD 88.2 million in the first quarter of 2025. Including investments in Eve, the total reached USD 148.6 million, also above the USD 124.5 million reported in the same quarter of 2025.
A standout in the first quarter, Defense & Security generated revenues of USD 227 million, an increase of 63% yoy. 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 USD 293 million, a 45% increase yoy, mainly reflecting higher volumes and pricing. In Executive Jets, revenues totalled USD 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 USD 490 million in the quarter, representing 15% growth compared with last year, supported by higher volumes across all segments, particularly Defense & Security.
In addition, 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 levelling efforts. The company’s backlog reached USD 32.1 billion, up 22% yoy, marking its sixth consecutive all‑time high.
