Brazilian aircraft manufacturer Embraer has released its financial results for 2025, a year marked by record revenues, strong growth in deliveries, and the largest order backlog in the company’s history. The company also presented its outlook for 2026, expecting further production growth and stable financial performance.
Total revenues in 2025 reached US$7.578 billion, representing an 18 percent increase compared to the previous year and the highest annual level ever recorded by the company. In the fourth quarter alone, revenues totaled US$2.652 billion. The strongest growth came from the Defense & Security and Executive Aviation segments, which recorded year-over-year revenue increases of 36 percent and 25 percent respectively.
Adjusted EBIT in the fourth quarter amounted to US$230.9 million, with a margin of 8.7 percent. For the full year, the company reported adjusted EBIT of US$656.8 million with the same 8.7 percent margin, exceeding previously announced guidance. Embraer noted that U.S. import tariffs had a financial impact of US$54 million over the course of the year.
The company also reported strong cash generation. Adjusted free cash flow, excluding the impact of Eve Air Mobility, reached US$491.2 million during 2025, while in the fourth quarter alone it totaled US$738.3 million. Embraer finished the year with a net cash position of US$109.3 million.
In terms of production, Embraer delivered a total of 91 aircraft in the fourth quarter of 2025. These included 32 commercial jets – 18 from the new E2 generation and 14 from the earlier E1 generation – along with 53 executive jets and six defense aircraft: two Embraer KC-390 Millennium military transport aircraft and four Embraer A-29 Super Tucano turboprop light attack aircraft.
For the full year, the company delivered 244 aircraft, an 18 percent increase compared to the 206 aircraft delivered in 2024. The total included 78 commercial jets, 155 executive aircraft, three KC-390 Millennium multi-mission transport aircraft, and eight A-29 Super Tucano aircraft within the Defense & Security segment.
Further optimism is supported by a record firm order backlog of US$31.6 billion at the end of the fourth quarter, more than 20 percent higher year-over-year. The commercial aviation segment performed particularly strongly, with significant demand for the Embraer E175 and the new generation Embraer E-Jet E2 family, which helped drive a 42 percent increase in the segment’s backlog.
For 2026, Embraer expects deliveries of between 80 and 85 commercial aircraft and between 160 and 170 executive jets. Financial guidance projects revenues between US$8.2 billion and US$8.5 billion, with an adjusted EBIT margin ranging between 8.7 and 9.3 percent, while adjusted free cash flow is expected to reach at least US$200 million.
The results confirm the Brazilian manufacturer’s strong recovery and growing market position, supported by rising orders and production across regional, executive, and defense aviation segments.
