Embraer Q4 Adjusted EPS of $0.83 Beats by 388%; Revenues Up 15%
Embraer reported Q4 adjusted EPS of $0.83, beating estimates by 388%, and GAAP EPS of $0.45, while revenues rose 15% to $2.65 billion, surpassing forecasts by 7.2%. Full-year revenues reached $7.58 billion, backlog hit $31.6 billion, and 2026 guidance targets $8.2–8.5 billion in revenues with 8.7%–9.3% EBIT margins.
1. Q4 Earnings
In Q4 2025, Embraer posted adjusted earnings of $0.83 per ADS, surpassing consensus forecasts by 388%, and GAAP EPS of $0.45, up from $0.25 a year earlier.
2. Revenue and Segment Performance
Total revenues reached $2.65 billion, up 15% year-over-year, driven by Defense & Security (+48% to $345 million), Executive Aviation (+20% to $750 million) and Services & Support (+25% to $552 million), while Commercial Aviation dipped 1% to $974 million.
3. Deliveries and Backlog
The company delivered 91 jets in the quarter (32 commercial, 53 executive) versus 75 jets in the prior year, and ended the period with a backlog of $31.6 billion, up from $31.3 billion the previous quarter.
4. 2026 Guidance and Outlook
Embraer expects 80–85 commercial and 160–170 executive jet deliveries in 2026, revenues of $8.2–8.5 billion, adjusted EBIT margins of 8.7%–9.3%, and at least $200 million in free cash flow excluding Eve.