EMBJ

MKT CAP:$11B

Embraer S.A.

Market Cap

$11B

Industrials·Aerospace & Defense·🇧🇷 Brazil·NYSE

Industrials·Aerospace·🇧🇷·NYSE

Stock Price

$67.58+$2.14 (+3.28%)

Apr 20, 2026

Company Details

A Brazilian aerospace and defense company that designs, develops, manufactures and services commercial, executive and agricultural aircraft, plus defense & security systems and eVTOL technologies.

CEO

Francisco Gomes Neto

IPO Date

Oct 24, 2025

Website

embraer.com

Key Metrics TTM

Revenue

$5.8B

+18.6% YoY

Net Income

$299M

EPS (Diluted)

$1.64

Free Cash Flow

-$352M

Revenue / Share

$31.43

Gross Margin

19.2%

Operating Margin

7.3%

Net Margin

5.2%

FCF Margin

-6.1%

P/S

2.0x

P/E

38.3x

Earnings Reports

Q4 2025

May 5, 2026

PENDING

Q3 2025

Nov 4, 2025

$2.0BEPS $0.64

Q2 2025

Jun 29, 2025

$1.8BEPS $0.44

Q1 2024

Mar 30, 2024

$897MEPS $0.16

FY 2023

Apr 4, 2024

$5.3BEPS $0.88

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 16	$1.3B	$268M	$147M
Q4 19	$2.1B	$279M	-$68M
Q1 20	$634M	$184M	-$47M
Q1 21	$807M	$76M	-$33M
Q2 22	$1.0B	$233M	$67M
Q1 24	$897M	$169M	-$4M
Q2 25	$1.8B	$353M	$166M
Q3 25	$2.0B	$350M	$191M

Valuation

Quarter	P/S	P/E
Q4 16	—	—
Q4 19	—	—
Q1 20	—	—
Q1 21	2.4x	—
Q2 22	2.5x	—
Q1 24	3.4x	—
Q2 25	2.5x	123.9x
Q3 25	2.0x	38.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 16	$0	$0
Q4 19	$1.0B	$819M
Q1 20	-$593M	-$677M
Q1 21	-$446M	-$489M
Q2 22	$39M	-$19M
Q1 24	-$307M	-$415M
Q2 25	-$89M	-$130M
Q3 25	$274M	$212M

Capital Expenditures

Quarter	CapEx
Q4 16	$0
Q4 19	$191M
Q1 20	$83M
Q1 21	$43M
Q2 22	$58M
Q1 24	$108M
Q2 25	$40M
Q3 25	$62M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-23.6%	-19.7%
Q1 24	-57.0%	-58.2%
Q2 25	+185.9%	+141.9%
Q3 25	+152.3%	+119.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 16	$0	0.0%
Q4 19	$0	0.0%
Q1 20	$0	0.0%
Q1 21	$0	0.0%
Q2 22	$900.0K	0.1%
Q1 24	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q4 16	$12M	—	—	$82M
Q4 19	$17M	$61M	$72M	—
Q1 20	$6M	$33M	$47M	—
Q1 21	$8M	$34M	$46M	—
Q2 22	$25M	$44M	$67M	—
Q1 24	$12M	$50M	$77M	—
Q2 25	$12M	—	—	$155M
Q3 25	$17M	$53M	$89M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 21	$1.8B	$751M	$2.6B
Q1 22	$1.1B	$803M	$1.9B
Q2 22	$1.0B	$754M	$1.8B
Q3 22	$1.3B	$383M	$1.7B
Q4 22	$1.8B	$494M	$2.3B
Q1 23	$1.2B	$874M	$2.0B
Q2 23	$1.4B	$766M	$2.1B
Q3 23	$1.0B	$548M	$1.6B
Q4 23	$1.6B	$522M	$2.2B
Q1 24	$920M	$556M	$1.5B
Q2 24	$721M	$491M	$1.2B
Q3 24	$831M	$644M	$1.5B
Q4 24	$1.6B	$640M	$2.2B
Q1 25	$813M	$545M	$1.4B
Q2 25	$654M	$603M	$1.3B
Q3 25	$1.1B	$697M	$1.8B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 16	184M	—	—
Q4 19	184M	-0.1%	—
Q1 20	184M	+0.0%	—
Q1 21	184M	-0.1%	—
Q2 22	184M	-0.1%	-0.2%
Q1 24	184M	-0.1%	-0.3%
Q2 25	183M	-0.1%	-0.3%
Q3 25	183M	+0.0%	-0.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 16	$65.5K	20K
Q4 19	$98.0K	21K
Q1 20	$29.8K	21K
Q1 21	$51.6K	16K
Q2 22	$55.6K	18K
Q1 24	$41.0K	22K
Q2 25	$90.6K	20K
Q3 25	$101.8K	20K

Revenue / Employee