Embraer reported record third-quarter revenue of 2.3 billion US dollars, up 17 percent from a year earlier, and raised its financial guidance for 2026, the company said on Tuesday.

Adjusted earnings before interest and tax (EBIT) were 254.8 million dollars, a margin of 10.9 percent compared with 8.6 percent in the same quarter of 2025, according to Embraer. Adjusted free cash flow without Eve, the company’s electric aircraft unit, was 627.7 million dollars, helped by stronger operating performance and pre-delivery payment inflows from sales, it said.

Profit was lower than a year earlier. Adjusted net income was 73.6 million dollars, down from 84.3 million dollars in the third quarter of 2025, which Embraer put down mainly to higher net financial expenses and tax expenses. Net income attributable to shareholders was 71.1 million dollars, compared with 116.6 million dollars a year earlier.

The company now expects 2026 revenue of 8.4 billion to 8.6 billion dollars, up from 8.2 billion to 8.5 billion dollars, and adjusted free cash flow without Eve of at least 700 million dollars, up from at least 400 million dollars. Embraer said stronger contributions from its Services & Support and Defense & Security segments helped lead to the change.

By business unit, Commercial Aviation revenue was 696 million dollars, up 13 percent, because of higher volumes and prices. Executive Aviation revenue was 655 million dollars, up 12 percent, on higher prices and product mix. 

Defense & Security revenue was 341 million dollars, up 22 percent, driven by higher revenue recognition on the KC-390 Millennium transport aircraft. Services & Support revenue was 638 million dollars, up 30 percent, the fastest growth of the four units.

Embraer delivered 66 aircraft in the quarter, up 6 percent from 62: 22 commercial jets (11 E2s and 11 E1s), 41 executive jets (22 small and 19 medium) and three defence aircraft (one KC-390 and two A-29 Super Tucano). 

Its order backlog reached a record 35.7 billion dollars, up 3 percent from the previous quarter and 14 percent from a year earlier.

On a stand-alone basis, Embraer’s investment was 149.7 million dollars, up from 98.6 million dollars a year earlier. On a consolidated basis with Eve, it was 219.0 million dollars, compared with 153.4 million dollars.