NYSE$EMBJ
Embraer SA-ADR · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Embraer Q2 2025: record $1.82B revenue (+22%), adjusted net income corrected to $119M
Embraer reported second quarter 2025 revenue of $1,819 million, a record for any second quarter and up 22% year over year, led by Executive Aviation revenue growth of 64%. The company delivered 61 aircraft (19 commercial, 38 executive, 4 defense) versus 47 a year ago. Adjusted EBIT was $191.8 million with a 10.5% margin. A Form 6-K/A amendment corrected adjusted net income from a previously reported $(4.7) million to $118.9 million due to a deferred income tax reclassification; net income attributable to shareholders was $78.6 million ($0.43 per ADS). Firm order backlog reached a record $29.7 billion, up 13% quarter over quarter and 40% year over year. Management reiterated 2025 guidance for total revenue of $7.0–$7.5 billion and adjusted EBIT margin of 7.5–8.3%.
- Revenue $1.82B (+22% YoY) — all-time high Q2; Executive Aviation +64%.
- Amended adjusted net income $118.9M (corrected from $(4.7)M); GAAP net income $78.6M ($0.43/ADS).
- Delivered 61 aircraft (+30% YoY); firm backlog $29.7B — all-time high (+40% YoY).
- Adjusted EBIT $191.8M at 10.5% margin; adjusted free cash flow $(161.6)M ahead of higher H2 deliveries.
- 2025 guidance reiterated: 77–85 commercial and 145–155 executive deliveries; revenue $7.0–$7.5B.
Headline financials
Revenue & EPS history
Embraer · Revenue · Quarterly
$1.82B
Forward guidance
Embraer reiterated 2025 guidance: commercial deliveries 77–85, executive deliveries 145–155, total revenue $7.0–$7.5B, adjusted EBIT margin 7.5–8.3%, and adjusted free cash flow of $200M or higher.
Tailwinds
- Record backlog and Q2 revenue
- Executive Aviation momentum
- Minimal tariff impact noted
Headwinds
- Negative adjusted free cash flow in Q2
- Prior adjusted net income reporting error required 6-K/A correction
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2025
-0.8%
Avg return
Earnings day
-1.7%
Avg return
5 days after
+2.0%
Avg return
30 days after
55%
27 / 49 earnings
Positive
+9.5%
Q3 2016
Best reaction
-18.0%
Q2 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -11.2% | -14.0% | -16.3% | |
| Q3 2026 | -4.4% | -0.4% | -1.6% | |
| Q2 2025 | -1.0% | +1.0% | +1.9% | |
| Q3 2023 | -0.9% | +3.0% | +24.6% | |
| Q4 2022 | +2.5% | +6.2% | +12.4% | |
| Q2 2022 | +0.2% | +1.2% | +25.3% | |
| Q1 2022 | +5.0% | +5.7% | -1.1% | |
| Q4 2021 | -9.5% | -16.1% | -4.3% | |
| Q3 2021 | +6.7% | +6.2% | -12.8% | |
| Q2 2021 | +0.3% | -4.2% | +9.5% | |
| Q1 2021 | -5.8% | -1.3% | +14.2% | |
| Q4 2020 | -2.4% | -6.4% | +12.5% | |
| Q3 2020 | -3.6% | -0.7% | +28.5% | |
| Q2 2020 | +0.7% | +3.2% | -1.6% | |
| Q4 2019 | -13.1% | -10.3% | -29.5% | |
| Q3 2019 | -3.4% | -1.9% | +8.1% | |
| Q2 2019 | -7.9% | -10.0% | -3.0% | |
| Q4 2018 | +4.0% | +4.9% | -2.5% | |
| Q3 2018 | +6.4% | +10.1% | +7.7% | |
| Q1 2018 | -4.9% | -6.8% | -4.3% | |
| Q2 2017 | +1.3% | -0.2% | +8.1% | |
| Q1 2017 | +1.8% | -1.4% | +3.1% | |
| Q4 2016 | +0.2% | -1.3% | -7.5% | |
| Q3 2016 | +9.5% | +7.2% | -2.0% | |
| Q2 2016 | -18.0% | -16.5% | -18.6% | |
| Q1 2016 | -4.9% | — | — | |
| Q3 2015 | +4.0% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | +0.9% | — | — | |
| Q4 2014 | -5.2% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q1 2014 | -0.2% | — | — | |
| Q4 2013 | -0.2% | — | — | |
| Q3 2013 | +0.5% | — | — | |
| Q2 2013 | +0.7% | — | — | |
| Q1 2013 | -3.5% | — | — | |
| Q4 2012 | +3.1% | — | — | |
| Q3 2012 | +2.0% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2011 | +4.4% | — | — | |
| Q3 2011 | -4.5% | — | — | |
| Q2 2011 | +3.7% | — | — | |
| Q1 2011 | +3.2% | — | — | |
| Q4 2010 | +1.2% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | -0.7% | — | — | |
| Q1 2010 | -0.3% | — | — |
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