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By Thomas Blackwood
August 10, 2026, © Leeham News: Embraer has achieved the best second-quarter revenue in the Brazilian planemaker’s history after delivering 65 aircraft in the three months ending June 30, the company’s highest quarterly delivery tally for the past 16 years.
Speaking to analysts on Monday, Embraer CEO Francisco Gomes Neto said the company had seen “strong performance” across all of its business units, driven by its focus on “sales execution, efficiency, operational discipline, and production ramp up.”
“Simply put,” he said, “we continue executing the fundamentals exceptionally well.”
Total E195-E2 orders crossed the 500-aircraft milestone leading up to the Farnborough International Airshow. Photo credit: Embraer
Embraer raises full-year guidance
Embraer reported $2.2 billion in revenue for the second quarter, a 23% year-over-year increase compared with the same period of 2025 (when it stood at $1.8 billion), with adjusted EBIT of $297 million and a 13% margin.
Adjusted net income reached $219 million for the airframer, versus $158 million a year ago.
Neto said the results had led Embraer to raise its guidance for the full year of 2026. While the number of expected deliveries for the 12-month period has remained unchanged at 80-85 for commercial aviation and 160-170 for executive aviation, the company’s financial forecast has been boosted.
Embraer now expects an adjusted EBIT margin of 10-10.6% (up from between 8.7-9.3%) and adjusted free cash flow—not counting its electric vertical take-off and landing aircraft developer, Eve—of $400 million or more, up from $200 million.
Further improvements are expected next year, Neto said: “We expect that in 2027 we’ll see a much, much better performance in terms of production leveling, which will help us to see a higher productivity and higher efficiency of our lines.”
Orders and deliveries up
The second-quarter results were buoyed by a backlog for Embraer aircraft–across both the commercial and defense sectors–that amounted to Embraer’s seventh consecutive all-time high for a three-month period.
Commercial aviation deliveries. Credit: Embraer
Defense & Security deliveries. Credit: Embraer
Executive aviation deliveries. Credit: Embraer
Neto said there were orders waiting to be manufactured worth $34.5 billion, up from $29.7 billion a year earlier.
This was driven by a 42% increase in the backlog for Embraer’s Defense & Security division, with a 2.6 book-to-bill ratio.
The commercial aviation backlog grew 15% year over year, supported by a 1.8 book-to-bill ratio over the last 12 months.
Key orders in the period include the UAE’s purchase of 10 C-390s, with 10 options making it the first selection of the type in the Middle East.
Embraer’s C-390 during a flying demonstration at the 2026 Farnborough International Airshow. Photo credit: Embraer
On the commercial side, Azorra ordered 15 E195-E2s with 15 purchase rights, pushing the E2 program past the 500 firm order benchmark.
Embraer said the executive unit was also boosted by the triple certification for the Praetor 500E/600E, by ANAC, the FAA and EASA.
Total deliveries increased by nearly 7% year-over-year in the second quarter, with commercial aviation growing 5% and executive aviation growing 18%.
On the commercial side, Embraer delivered 30 aircraft in the first half of the year, representing 36% of the midpoint of its full-year guidance–one percentage point above the five-year average.
During the same six months, the company delivered 74 executive aircraft, representing 45% of the midpoint of its full-year guidance and 11% percentage points above the five-year average.
Embraer’s delivery stream. Credit: Leeham
Future of the E2 in Latin America
Much of Embraer’s success rides on sales of E2 family aircraft.
Neto said the E2 was proving to be the “perfect fit” for regional operators in Latin America, helping to improve connectivity between secondary cities.
He cited both LATAM and the Abra Group, which have orders in for the E2. The latter – parent of Avianca, Gol and Wamos Air–announced a deal for 20 E195-E2 aircraft at the Farnborough International Airshow.
Abra will also receive 10 purchase options and 15 purchase rights, for a total of up to 45 aircraft.
Embraer’s E195-E2 will also join LATAM group’s fleet through an order of up to 74 aircraft–including 24 firm deliveries and 50 additional purchase options–in a deal confirmed in September 2025.
Neto said: “We have over 60 Embraer E1s flying in Mexico with AeroMexico and other airlines.
“Now, Mexicana is introducing the E2s and we hope other airlines will look at the E2 as well, as an opportunity to complement the operation for larger narrowbodies in a very efficient way.”
Stay tuned for a multi-part LNA series on Embraer’s financial and strategic turnaround since its deal to be acquired by Boeing collapsed in April 2020. Part I of the series will be published on August 13.
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