Embraer Posts Its Best Second Quarter in 16 Years on Business Jets
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Key Facts
—The headline. Embraer (NYSE: ERJ) delivered 65 aircraft between April and June, its best second quarter in 16 years, up 48% on the first quarter and 7% year on year.
—The engine. Business jets did the heavy lifting: 45 executive aircraft, up 18% year on year, against 20 commercial jets.
—Half-year tally. The company has now shipped 109 aircraft in the first half of 2026, roughly 20% more than the 91 a year earlier.
—Guidance held. Full-year targets are unchanged at 80 to 85 commercial jets and 160 to 170 business jets.
—Analyst view. BTG Pactual keeps a buy on the New York-listed shares, seeing revenue rising toward $8.32bn this year from $7.37bn in 2025.
The Embraer second quarter 2026 deliveries figure came in at sixty-five aircraft, the Brazilian planemaker’s strongest showing for the period in sixteen years, and the mix behind it tells a clearer story than the headline.
Embraer, the world’s third-largest commercial aircraft maker after Airbus and Boeing, reported the numbers in a filing to the market on Thursday. For a company whose shares trade in both New York and São Paulo, delivery counts are the clearest read on whether its long production recovery is holding.
The total was up forty-eight per cent on the first quarter and seven per cent on the same period last year. It lifted the first-half tally to one hundred and nine aircraft, about a fifth more than the ninety-one shipped in the first six months of twenty twenty-five.
What the Embraer second quarter 2026 deliveries mix reveals
The striking part is where the growth came from. Business jets, which Embraer calls executive aviation, accounted for forty-five of the sixty-five aircraft, a rise of eighteen per cent on a year earlier and fifty-five per cent on the previous quarter.
Commercial airliners made up the other twenty, including six of the E195-E2, the largest jet Embraer builds. That commercial figure was only five per cent higher than a year earlier, so the quarter’s momentum leaned heavily on the private-jet side of the business rather than the airline side.
The defence unit, which builds the KC-390 military transport, recorded no deliveries in the quarter. That is normal for the segment’s lumpy schedule and does not change the full-year picture.
For a reader new to the company, the split matters because the two businesses behave differently. Commercial jets are sold to airlines in large, slow-moving orders, while business jets sell to companies and wealthy individuals in a faster cycle that tracks demand for light and mid-size aircraft.
A quarter powered by executive aviation therefore says something about private-wealth demand rather than airline fleet planning. It also flatters margins, because business jets tend to be the more profitable of Embraer’s civil lines.
Smoothing a famously lopsided year
Embraer has long delivered most of its aircraft in the final quarter, a pattern that makes its earnings jumpy and its cash flow hard to predict. The company credits a production-levelling drive for spreading output more evenly across the year.
A stronger first half matters for that reason as much as for the raw count. Reaching one hundred and nine aircraft by mid-year puts the group on a steadier path toward its annual targets than its history would suggest.
Management left its full-year guidance untouched, at eighty to eighty-five commercial jets and one hundred and sixty to one hundred and seventy business jets. Both ranges imply growth of about six per cent at the midpoint.
Investors have reason to watch the trajectory closely. The Brazilian bank BTG Pactual reiterated a buy rating on the New York-listed shares this week, arguing that a growing order book and easing supply-chain pressure support the case.
The bank sees net revenue climbing from about seven point three seven billion dollars in twenty twenty-five to eight point three two billion this year, and close to nine billion in twenty twenty-seven. It also notes the shares still trade at a discount to global peers despite the operational recovery.
What do the Embraer second quarter 2026 deliveries show?
They show sixty-five aircraft shipped between April and June, the company’s best second quarter in sixteen years, driven mainly by forty-five business jets while commercial deliveries grew only modestly.
Why does the delivery timing matter to investors?
Embraer has historically packed deliveries into the final quarter, which makes earnings volatile, so a fuller first half signals that its effort to spread production more evenly is taking hold.
Has Embraer changed its full-year outlook?
No, the company kept its guidance of eighty to eighty-five commercial jets and one hundred and sixty to one hundred and seventy business jets, each implying roughly six per cent growth at the midpoint.
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Frequently Asked Questions
How many aircraft did Embraer deliver in the second quarter of 2026, and how does that compare to previous periods?
Embraer delivered 65 aircraft in the second quarter of 2026, its best second quarter performance in 16 years. This represented a 48% increase on the first quarter and a 7% rise compared to the same period the previous year.
What type of aircraft drove Embraer's second quarter 2026 delivery growth?
Business jets did the heavy lifting, with 45 executive aircraft delivered, up 18% year on year. This compared to 20 commercial jets delivered in the same period.
What are Embraer's full-year 2026 delivery targets, and what revenue outlook do analysts project?
Embraer has kept its full-year guidance unchanged at 80 to 85 commercial jets and 160 to 170 business jets. BTG Pactual, which holds a buy rating on the shares, sees revenue rising toward $8.32 billion in 2026 from $7.37 billion in 2025.
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