Embraer’s Q2 Revenue Hit an All-Time High, and It Just Raised Its Profit Guidance

On August 10, 2026, Embraer reported second-quarter revenue of $2.235 billion, the strongest second quarter in the Brazilian planemaker’s history and a 23% jump from a year earlier. The company also raised its full-year profitability and cash-flow targets.

The results land two weeks after Embraer’s order backlog hit a record $34.5 billion, on strength in both its commercial E2 jets and its C-390 Millennium defense sales.

This release is the fuller quarterly earnings report behind that backlog milestone, and it shows the demand is now converting into revenue and cash, not just future orders.

A Record Quarter, With an Asterisk on the Margin

Embraer’s adjusted EBIT margin came in at 13.3%, well above the 10.5% it posted in the second quarter of 2025.

But a chunk of that improvement was a one-time event: a $68 million extraordinary tax credit added roughly 3 percentage points to the margin, while $8 million in US import tariffs shaved off a smaller amount.

Strip both out, and the underlying margin was 10.6%, still an improvement, but a more modest one than the headline number suggests.

CEO Francisco Gomes Neto said the company “delivered the strongest second quarter revenue in our history.” Embraer delivered 65 aircraft in the quarter, its best second-quarter pace in 16 years, split between 20 commercial jets and 45 executive jets.

Why the Guidance Raise Matters

Embraer generated $401 million in adjusted free cash flow in the quarter alone. On the back of that, it doubled its full-year cash-flow guidance to $400 million or higher, up from $200 million.

It also raised its full-year adjusted EBIT margin guidance to a range of 10.0% to 10.6%, up from 8.7% to 9.3%. CFO Felipe Santana said the company was “increasing our adjusted free cash flow guidance to $400 million or higher” on the strength of the quarter.

Full-year revenue guidance held steady at $8.2 billion to $8.5 billion, and delivery targets were unchanged at 80 to 85 commercial jets and 160 to 170 executive jets.

A Split Business Jet Market

Embraer’s 45 executive-jet deliveries were up from 38 a year earlier, a segment where rival Textron Aviation delivered fewer jets in the same quarter, 40 versus 49, even as higher prices kept its revenue roughly flat.

Two of the largest business jet makers reported opposite delivery trends in the same earnings season, a reminder that quarterly delivery counts reflect production scheduling and mix as much as underlying order demand.