- Embraer reported record first-quarter 2026 revenue of US$1.4 billion, supported by higher commercial and executive jet deliveries.
- Commercial Aviation backlog increased 50% year-on-year, while Executive Aviation revenues rose 30% on higher delivery volumes and product mix.
- Embraer is expanding production and MRO capacity in Brazil, the U.S. and Portugal as it maintains 2026 delivery and revenue guidance.
After several years of supply-chain disruption and uneven aircraft output across the aerospace industry, Embraer entered 2026 with a stronger delivery flow and a record backlog, helping the company report the strongest first quarter in its history.
The Brazilian manufacturer reported first-quarter 2026 revenues of US$1.4 billion, up 31% year-on-year, while its firm order backlog reached an all-time high of US$32.1 billion. The company delivered 44 aircraft during the quarter, up from 30 in the same period last year.
Commercial Aviation revenues rose 45% year-on-year to US$293 million, supported by higher volumes and pricing, while Executive Aviation revenues increased 30% to US$418 million, driven by higher delivery volumes and product mix.
The quarter also reflected Embraer’s effort to stabilise production flow after several years of supply-chain disruption across the aerospace sector. Commercial Aviation deliveries reached 10 aircraft in the quarter, including four E2 jets and six E1 jets, while Executive Aviation delivered 29 aircraft, comprising 16 light jets and 13 medium jets.
The company said the 47% increase in overall deliveries reflected progress in production levelling efforts as Embraer builds toward a larger volume of deliveries later in the year. Inventories rose by nearly US$400 million during the quarter as the company prepared aircraft and components for upcoming deliveries.
Commercial Aviation was the main contributor to backlog growth, Embraer said backlog in the segment increased 50% year-on-year, supported by a 3.0x book-to-bill ratio over the last twelve months across both the E175 and E2 programmes.
Commercial Aviation nevertheless reported weaker margins during the quarter. The division reported a negative adjusted EBIT margin of 9.7% during the quarter, compared with a negative 4.8% a year earlier.
Embraer attributed the decline to customer mix, logistics costs and one-time supplier credits recognised in the first quarter of 2025. Gross margin in the segment fell from 4.9% to 0.9%.
Executive Aviation also faced margin pressure despite stronger revenues and deliveries. Gross margin declined from 21.8% to 15.1%, while adjusted EBIT margin fell from 11.3% to 6.0%.
The company said U.S. tariffs represented a US$12 million impact during the quarter, while higher selling expenses linked to the launch of the new Praetor 500/600 ‘E’ family models also weighed on margins.
Services & Support continued to provide margin support across the business.
Revenues in the segment rose 15% year-on-year to US$490 million, while adjusted EBIT margin increased from 9.9% to 14.3%. Embraer said higher volumes across all segments contributed to the improvement.
The company maintained its full-year 2026 guidance despite the impact of U.S. import tariffs during the quarter.
Embraer expects Commercial Aviation deliveries of 80 to 85 aircraft this year and Executive Aviation deliveries of 160 to 170 aircraft.
Revenue guidance remains between US$8.2 billion and US$8.5 billion, with adjusted EBIT margin projected between 8.7% and 9.3%.
Embraer said U.S. import tariffs had an impact of US$13 million during the quarter and indicated that another US$11 million remained in inventory for the second quarter.
Embraer is also continuing capacity expansion projects tied directly to commercial and executive aviation activity. In Executive Aviation, the company is continuing a US$90 million investment programme to increase production capacity at Gavião Peixoto in Brazil and in Melbourne, Florida.
In Services & Support, Embraer is expanding its MRO footprint in North America through a US$70 million investment programme at Fort Worth, Texas, aimed at increasing MRO capacity for Commercial Aviation customers in North America by more than 50% by 2027.
The company is also ramping up engine support capability at OGMA in Portugal for Pratt & Whitney PW1100 and PW1900 engines, with the programme expected to reach full ramp-up by 2030.
Embraer maintained its 2026 delivery and revenue guidance as the company continues expanding executive jet production capacity and commercial aviation support operations.
Investments underway in Brazil, the United States and Portugal are tied to planned increases in aircraft output, MRO activity and engine support capability over the coming years.
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