Embraer deliveries, backlog & financial results
Text version of the Embraer data on this page
Embraer data snapshot
- Scope: Embraer S.A. · commercial jet units, group financials
- Headquarters: São José dos Campos, Brazil
- Segment: Regional jets · 70–146 seats
- Financial year end: 31 Dec
- Reporting currency: USD
- Latest period: Q2 2026
- Last updated: 2026-09-24
Latest read
Embraer delivered 20 commercial jets in Q2 2026 and posted record second-quarter revenue of US$2.24bn with a 13.3% adjusted EBIT margin. The firm order backlog reached a record US$34.5bn. Commercial deliveries are back-loaded: 30 in the first half against full-year guidance of 80–85.
Reported metrics by year
| Period | Deliveries | Backlog | Revenue | Operating profit | Margin | Free cash flow | Net cash / net debt |
|---|---|---|---|---|---|---|---|
| 2025 | 78 | US$31.6bn | US$7.58bn | US$657m | 8.7% | US$491m | US$109m |
| 2024 | 73 | US$26.3bn | US$6.39bn | US$708m | 11.1% | US$676m | −US$111m |
| 2023 | 64 | US$18.7bn | US$5.27bn | US$350m | 6.6% | US$318m | — |
| 2022 | 57 | US$17.5bn | US$4.54bn | — | 6.0% | US$540m | — |
| 2021 | 48 | US$17.0bn | US$4.20bn | US$167m | 4.0% | US$292m | −US$1.40bn |
| 2020 | 44 | US$14.4bn | US$3.77bn | −US$100m | −2.7% | −US$990m | — |
| Q2 2026 | 20 | US$34.5bn | US$2.23bn | US$297m | 13.3% | US$401m | — |
Guidance versus actual
| Year | Metric | Guided | Actual | Note |
|---|---|---|---|---|
| FY2022 | Commercial deliveries | 60–70 | 57 | |
| FY2022 | Executive deliveries | 100–110 | 102 | |
| FY2022 | Revenue | US$4.5–5.0bn | US$4.54bn | |
| FY2023 | Commercial deliveries | 65–70 | 64 | |
| FY2023 | Executive deliveries | 120–130 | 115 | |
| FY2023 | Revenue | US$5.2–5.7bn | US$5.27bn | |
| FY2024 | Commercial deliveries | 72–80 | 73 | |
| FY2024 | Executive deliveries | 125–135 | 130 | |
| FY2024 | Revenue | US$6.0–6.4bn | US$6.395bn | Record revenue |
| FY2025 | Commercial deliveries | 77–85 | 78 | |
| FY2025 | Executive deliveries | 145–155 | 155 | |
| FY2025 | Revenue | US$7.0–7.5bn | US$7.578bn | Above the top of the range |
| FY2026 | Commercial deliveries | 80–85 | — | 30 in H1 |
| FY2026 | Executive deliveries | 160–170 | — | 74 in H1 |
| FY2026 | Adjusted EBIT margin | 10.0–10.6% | — | Raised from 8.7–9.3% in August 2026 |
| FY2026 | Adjusted FCF excl. Eve | ≥US$400m | — | Raised from ≥US$200m |
Programmes
| Programme | Backlog | Recent deliveries | Target rate | Engines |
|---|---|---|---|---|
| E175 | 190 | 34 | — | GE CF34-8E |
| E190-E2 | 34 | 6 | — | Pratt & Whitney PW1900G (GTF) |
| E195-E2 | 235 | 38 | — | Pratt & Whitney PW1900G (GTF) |
Deliveries by segment
| Year | Commercial | Executive | Total incl. defense |
|---|---|---|---|
| 2020 | 44 | 86 | 130 |
| 2021 | 48 | 93 | 141 |
| 2022 | 57 | 102 | 159 |
| 2023 | 64 | 115 | 181 |
| 2024 | 73 | 130 | 206 |
| 2025 | 78 | 155 | 244 |
| H1 2026 | 30 | 74 | 109 |
Commercial backlog by model
| Model | Firm backlog | 2025 deliveries |
|---|---|---|
| E175 | 190 | 34 |
| E190-E2 | 34 | 6 |
| E195-E2 | 235 | 38 |
| Total | 459 | 78 |
Revenue has doubled since 2020
Group revenue grew from US$3.8bn in 2020 to US$7.6bn in 2025, with growth in every year. Commercial jet deliveries rose from 44 to 78 over the same period, but executive jets (86 to 155) and services did more of the lifting.
The backlog more than doubled from US$14.4bn to US$31.6bn and reached US$34.5bn in mid-2026.
Guidance: reliable on money, softer on commercial jets
Embraer hit or beat its revenue range in each of the last four years, but missed the bottom of its commercial delivery range in 2022 and 2023 before landing inside it in 2024 and 2025. Supply-chain delays on engines and components are the recurring reason.
Margins are rising
The adjusted EBIT margin went from −2.7% in 2020 to 8.7% in 2025 (excluding the 2024 arbitration gain) and 13.3% in Q2 2026, and the company raised its 2026 margin guidance to 10.0–10.6%.
Outlook
2026 guidance at 10 August 2026: 80–85 commercial and 160–170 executive jet deliveries, revenue of US$8.2–8.5bn, adjusted EBIT margin of 10.0–10.6% and adjusted free cash flow excluding Eve of US$400m or more.
- Second half: 50–55 commercial jets are needed after 30 in the first half.
- Engines: the E2's Pratt & Whitney GTF shares the supply constraints affecting Airbus.
- Backlog: a commercial book-to-bill of 1.8× means orders are running ahead of output.
- 2027: management points to materially better production efficiency next year.
Airline customers on this site
- KLM — KLM Cityhopper flies the E175 and the E195-E2
- TAP Air Portugal — Regional flights operated with Embraer E-Jets
- SAS — SAS Link operates Embraer E195s
- Air France — Regional Embraer E-Jets on domestic and European routes
Peers
- ATR — Regional turboprops · Europe
- Airbus — A220 competes with the E195-E2
- COMAC — C909 regional jet · China
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