Embraer (EMBR3) investor relations material

Strategic overview and growth outlook

• Leading global manufacturer of jets up to 150 seats, with over 2,100 executive jets delivered in 70+ countries and 170+ airline customers in 90+ countries.

• Four main business segments: Commercial Aviation, Executive Aviation, Defense & Security, and Services & Support.

• Revenue expected to reach $8.2–8.5 billion in 2026, with double-digit revenue CAGR and ambitious long-term growth plans, including EVE Air Mobility.

• Focus on operational efficiency, innovation, and sustainability to drive profitability and growth.

• Strong global presence with 25,000+ employees and a diversified regional revenue base.

Financial performance and guidance

• Net revenue grew from $4.5 billion in 2022 to $8.3 billion in 2Q26 LTM, with adjusted EBITDA margin (ex-BA) rising to 14.4%.

• Adjusted EBIT margin (ex-BA) reached 11.1% in 2Q26 LTM, with cash conversion averaging 80% over five years.

• ROIC consistently above WACC, supported by improved operational and financial metrics.

• Deleveraging achieved, with net debt/EBITDA dropping from 2.3x in 2022 to 0.1x in 2Q26.

• Consensus estimates project 2026 revenues of $9.5–10.5 billion and EBITDA of $1.2–1.4 billion.

Commercial aviation highlights

• E-Jets family leads the global market for jets up to 150 seats, with 2,438 total orders and 1,973 deliveries.

• E2 jets recognized for efficiency, lower costs, and environmental performance, with strong market acceptance and 25 operators since launch.

• Significant replacement opportunities ahead for aging regional and narrowbody aircraft, especially in the US and global markets.

• Commercial aviation backlog reached $15.1 billion in 2026, with a balanced portfolio across segments.