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Embraer Posts Record Q1 Revenue as Backlog Reaches $32.1 Billion

Tariff costs cut into profit despite rising demand.

Overview

  • Embraer reported record first‑quarter revenue of R$ 7.6 billion, or US$ 1.4 billion, with gains led by Defense & Security and Commercial Aviation.
  • Deliveries rose to 44 aircraft, the most for any quarter in a decade, including 10 commercial jets, 29 business jets, and 5 defense aircraft.
  • The firm order backlog climbed 21.6% year over year to US$ 32.1 billion, marking a sixth straight record, helped by a 50% jump in commercial orders.
  • Net income fell to R$ 145.4 million from R$ 299.9 million a year earlier, with U.S. import tariffs adding a US$ 13 million cost in the quarter.
  • The company kept its 2026 delivery targets and continued to invest, spending US$ 98.8 million in the quarter or US$ 148.6 million including Eve, its urban air mobility unit.