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ERJ

Embraer S.A.

ERJ

Embraer S.A. • NYSE
$61.93 ▲ 1.54% (+0.94)
Market Cap $11.37 B
52w High $67.44
52w Low $34.88
Dividend Yield 0.05%
P/E 36.22
Volume 577.70K
Outstanding Shares 183.59M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.037B ▲ $158.853M ▼ $116.73M ▲ 5.731% ▲ $0.64 ▲ $207.701M ▲
Q2-2025 $1.812B ▲ $187.101M ▲ $79.193M ▲ 4.37% ▼ $0.44 ▲ $163.603M ▼
Q1-2025 $1.103B ▼ $137.9M ▼ $73.4M ▲ 6.655% ▲ $0.4 ▲ $188.4M ▼
Q4-2024 $2.312B ▲ $172.7M ▲ $45.6M ▼ 1.973% ▼ $0.25 ▼ $290.4M ▼
Q3-2024 $1.692B $29.6M $178.8M 10.565% $0.96 $435.5M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.76B ▲ $12.53B ▲ $8.587B ▲ $3.575B ▲
Q2-2025 $1.257B ▼ $12.072B ▲ $8.465B ▲ $3.314B ▲
Q1-2025 $1.358B ▼ $11.697B ▼ $8.229B ▼ $3.189B ▲
Q4-2024 $2.203B ▲ $11.824B ▲ $8.48B ▲ $3.076B ▼
Q3-2024 $1.475B $11.671B $8.256B $3.134B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $116.73M ▲ $273.558M ▲ $-150.406M ▲ $300.42M ▲ $393.228M ▲ $211.97M ▲
Q2-2025 $79.193M ▼ $-89.44M ▲ $-186.665M ▼ $105.198M ▲ $-161.187M ▲ $-129.931M ▲
Q1-2025 $79.8M ▲ $-183.8M ▼ $-134.1M ▲ $-432.4M ▼ $-750M ▼ $-321.7M ▼
Q4-2024 $38M ▼ $1.047B ▲ $-138.5M ▼ $-178.1M ▼ $738M ▲ $942.2M ▲
Q3-2024 $181.7M $172M $-127M $67.5M $108.5M $42.5M

Five-Year Company Overview

Income Statement

Income Statement Embraer’s income statement over the last five years tells a clear turnaround story. Sales have climbed steadily from the pandemic trough, with meaningful growth each year. Profitability has swung from losses to consistent profits, and both operating and net margins have strengthened. The company is now earning solid operating income and net income rather than just scraping by. That said, it remains an aerospace business, so results are still exposed to airline demand cycles, defense budgets, and timing of big aircraft deliveries. Overall, the trend is one of recovery turning into genuine, healthier profitability.

Balance Sheet

Balance Sheet The balance sheet looks noticeably stronger than a few years ago. Total assets have held fairly steady while the company has gradually reduced its debt load and rebuilt shareholder equity. Cash levels have remained relatively stable, suggesting Embraer is not stretching its liquidity to fund growth. Leverage is still present, but the direction is clearly toward a cleaner, more balanced capital structure. This de-risking gives the company more flexibility to handle industry swings or invest in new programs.

Cash Flow

Cash Flow Cash flow has improved from being a weak spot to a relative strength. After a deep cash drain during the pandemic period, operating cash flow has been positive for several years and is trending upward. Free cash flow has also been consistently positive after covering investment needs, which indicates better execution on production, deliveries, and working capital management. Capital spending has been steady rather than aggressive, supporting the existing product roadmap without overextending. The main sensitivity remains the timing of aircraft deliveries and large contracts, which can make cash flows lumpy year to year.

Competitive Edge

Competitive Edge Embraer holds a distinct niche in global aviation, especially in regional jets where it competes less directly with the largest players. Its focus on mid-sized aircraft, particularly the E-Jet family and the E175’s fit with US pilot “scope clause” rules, gives it a built-in structural advantage that is not easy for rivals to replicate. The company complements this with strong engineering expertise, relatively faster delivery times compared with the big primes, and a broad aftermarket and support offering that deepens customer relationships. It still faces competition from larger manufacturers and emerging players, but its specialization and installed base create a meaningful, durable competitive position.

Innovation and R&D

Innovation and R&D Innovation is a core part of Embraer’s identity and strategy. The company has modernized its design and manufacturing using digital tools, automation, and advanced software platforms to shorten development cycles and improve quality. On the product side, it has pushed advanced flight-control technologies into smaller jets and partnered on new-generation engines to improve fuel efficiency and reduce noise. Embraer is also investing ahead of the curve in sustainable aviation, working toward full compatibility with sustainable fuels and exploring hybrid, electric, and hydrogen-powered concepts through its Energia program. Meanwhile, its Eve Air Mobility venture in electric air taxis offers long-term optionality but also brings execution, certification, and commercialization risks. Overall, R&D is both a differentiator and a source of future uncertainty, depending on how these bets play out.

Summary

Embraer appears to have moved from a post-pandemic repair phase into a more stable growth and profitability phase. Earnings and cash generation have improved, debt has been reduced, and the company now operates from a more solid financial footing. Its niche strength in regional aviation, backed by strong services and support, provides a competitive base, while continued investment in advanced manufacturing, cleaner propulsion, and urban air mobility adds potential upside over the long term. The flip side is that Embraer still operates in a cyclical, capital-intensive industry, and some of its most ambitious projects are long-dated and carry execution risk. The key themes to watch are sustained profitability, continued balance sheet discipline, and progress on its next-generation and urban air mobility programs.

NEWS

November 6, 2025 · 10:49 PM UTC

Material Fact: Approval of "equity swap" derivative contracts

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November 6, 2025 · 8:12 PM UTC

Material Fact of Share Buyback Program

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November 4, 2025 · 6:14 AM UTC

EMBRAER EARNINGS RESULTS 3rd QUARTER 2025

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October 6, 2025 · 3:13 PM UTC

Announcement by Embraer S.A. of Consideration of Offers to Purchase for Cash Certain Outstanding Securities Listed Below

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October 6, 2025 · 6:30 AM UTC

Announcement by Embraer S.A. of Early Results of Cash Tender Offers and Extension of the Total Consideration for all Notes Tendered On or Prior to the Expiration Date

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