Embraer S.A. (EMBJ) Income Statement
EMBJ 2025 at a glance
Fiscal year ended December 31, 2025 · Brazilian reaisEMBJ revenue and net income
Where EMBJ's revenue goes
2025Each bar shows an amount and its share of revenue. EMBJ kept 4.6% of revenue as net income.
EMBJ profit margins
EMBJ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.9% | +19.5% | +16.2% | +7.4% |
| Gross profit | +2.1% | +14.2% | +24.0% | +5.2% |
| Operating income | −19.3% | — | — | +6.4% |
| Net income | −11.6% | — | — | +21.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EMBJ income statement in Brazilian reais
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | R$41.50B | R$39.54B | R$25.90B | R$24.29B | R$22.67B | R$19.61B | R$20.90B | R$8.37B | R$18.78B | R$20.24B |
| Cost of revenue | R$34.22B | R$32.41B | R$21.42B | R$19.41B | R$19.13B | R$17.12B | R$17.86B | R$14.33B | R$7.44B | R$16.26B |
| Gross profit | R$7.28B | R$7.13B | R$4.47B | R$4.88B | R$3.54B | R$2.48B | R$3.04B | R$2.56B | R$985.3M | R$3.99B |
| Research & development | R$407.5M | R$340.1M | R$443.8M | R$588.5M | R$233.4M | R$156.3M | R$189.0M | R$153.5M | R$73.4M | R$155.3M |
| Sales, general & admin | R$3.02B | R$1.23B | R$1.01B | R$2.46B | R$1.98B | R$1.75B | R$1.82B | R$1.05B | R$1.01B | R$1.86B |
| Total operating expenses | R$3.94B | R$3.00B | R$2.93B | R$5.47B | R$2.21B | R$4.16B | R$3.34B | R$2.56B | R$985.3M | R$3.99B |
| Operating income | R$3.33B | R$4.13B | R$1.55B | −R$591.1M | R$1.33B | −R$1.68B | −R$294.6M | −R$416.0M | R$1.77B | R$363.7M |
| Interest income | R$119.7M | R$141.9M | R$119.5M | R$48.0M | R$21.0M | — | — | — | — | — |
| Interest expense | R$1.08B | R$1.39B | R$1.18B | R$1.26B | R$1.16B | R$1.24B | R$870.8M | R$765.8M | R$135.9M | R$664.3M |
| Income before taxes | R$1.47B | R$3.44B | R$593.3M | −R$1.10B | R$121.5M | −R$3.30B | −R$712.5M | −R$1.06B | R$988.6M | R$589.3M |
| Income taxes | −R$500.6M | R$1.25B | −R$214.3M | −R$12.3M | R$389.1M | R$484.1M | R$498.6M | R$116.5M | R$93.3M | R$978,840 |
| Net income | R$1.93B | R$2.18B | R$806.1M | −R$991.8M | −R$274.8M | −R$3.81B | −R$1.23B | −R$593.3M | R$873.2M | R$582.7M |
| EBITDA | R$3.97B | R$6.27B | R$2.92B | R$1.22B | R$1.52B | −R$641.1M | R$887.0M | R$1.22B | R$2.05B | R$3.73B |
| Gross margin | 17.5% | 18.0% | 17.3% | 20.1% | 15.6% | 12.7% | 14.6% | 30.6% | 5.2% | 19.7% |
| Operating margin | 8.0% | 10.4% | 6.0% | −2.4% | 5.8% | −8.6% | −1.4% | −5.0% | 9.4% | 1.8% |
| Net margin | 4.6% | 5.5% | 3.1% | −4.1% | −1.2% | −19.4% | −5.9% | −7.1% | 4.7% | 2.9% |
| Sep '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | R$11.59B | R$7.44B | R$14.52B | R$10.87B | R$9.96B | R$6.44B | R$9.71B | R$9.25B | R$8.35B | R$4.53B | R$2.01B | R$6.46B |
| Cost of revenue | R$9.28B | R$6.11B | R$12.10B | R$9.00B | R$8.03B | R$5.34B | R$8.04B | R$7.53B | R$7.01B | R$3.68B | R$1.66B | R$5.29B |
| Gross profit | R$2.31B | R$1.34B | R$2.42B | R$1.87B | R$1.93B | R$1.10B | R$1.67B | R$1.72B | R$1.34B | R$852.7M | R$344.5M | R$1.17B |
| Research & development | R$203.0M | R$79.9M | R$170.3M | R$92.4M | R$66.3M | R$82.9M | R$86.9M | R$52.5M | R$85.5M | R$61.2M | R$18.1M | R$85.5M |
| Sales, general & admin | — | R$690.1M | R$836.9M | R$755.0M | R$775.6M | R$702.0M | R$256.1M | R$262.3M | R$264.2M | R$640.4M | R$145.8M | R$623.9M |
| Total operating expenses | R$901.1M | R$955.9M | R$1.26B | R$847.4M | R$891.8M | R$805.3M | R$641.4M | R$161.7M | R$626.1M | R$872.4M | R$172.3M | R$748.2M |
| Operating income | R$1.41B | R$381.4M | R$1.16B | R$1.02B | R$1.04B | R$299.0M | R$1.03B | R$1.56B | R$714.4M | −R$19.7M | R$172.1M | R$424.7M |
| Interest income | — | R$49.8M | R$46.0M | — | R$20.1M | R$96.3M | R$24.7M | R$99.0M | R$77.9M | — | — | — |
| Interest expense | R$374.7M | R$248.7M | R$326.3M | R$256.2M | R$731.8M | R$945.5M | R$296.0M | R$676.4M | R$439.6M | R$416.0M | R$31.3M | R$292.3M |
| Income before taxes | R$1.43B | R$202.9M | R$754.2M | R$571.8M | R$258.0M | −R$140.7M | R$823.3M | R$1.33B | R$622.2M | R$166.8M | R$168.5M | R$287.8M |
| Income taxes | R$315.5M | R$12.4M | R$310.0M | −R$116.3M | −R$121.1M | −R$606.8M | −R$153.8M | R$340.4M | R$49.7M | R$3.0M | −R$32.2M | −R$35.7M |
| Net income | R$1.11B | R$171.6M | R$456.2M | R$622.7M | R$430.0M | R$428.7M | R$946.7M | R$977.0M | R$555.2M | R$145.1M | R$194.5M | R$306.9M |
| EBITDA | R$1.75B | R$655.8M | R$98.0M | R$1.26B | R$1.37B | R$1.10B | R$1.51B | R$2.38B | R$1.39B | R$804.2M | R$231.7M | R$863.9M |
| Gross margin | 19.9% | 18.0% | 16.7% | 17.2% | 19.4% | 17.1% | 17.2% | 18.6% | 16.1% | 18.8% | 17.2% | 18.1% |
| Operating margin | 12.1% | 5.1% | 8.0% | 9.4% | 10.4% | 4.6% | 10.6% | 16.9% | 8.6% | −0.4% | 8.6% | 6.6% |
| Net margin | 9.6% | 2.3% | 3.1% | 5.7% | 4.3% | 6.7% | 9.8% | 10.6% | 6.7% | 3.2% | 9.7% | 4.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in Brazilian reais as reported in EMBJ's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EMBJ financial results
In fiscal year 2025 (ended December 31, 2025), Embraer reported revenue of R$41.5 billion, up 4.9% from the year before. It had net income of R$1.9 billion (down 11.6%), a net profit margin of 4.6%. Over five years revenue grew at an average rate of 16.2% a year. Figures are in Brazilian reais, the currency of its financial statements.
See the EMBJ stock overview for the latest quote and news, or the EMBJ chart for price history and technical indicators.
EMBJ income statement FAQ
What is Embraer's annual revenue?
Embraer reported total revenue of R$41.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.9% from R$39.5 billion the previous year.
Is Embraer profitable?
Yes. Embraer reported net income of R$1.9 billion in fiscal 2025, a net profit margin of 4.6%; its operating margin was 8.0%.
What is Embraer's gross margin?
Embraer's gross margin was 17.5% in fiscal 2025: for every $100 of revenue, Embraer kept $18 after the direct cost of its products and services.
How much does Embraer spend on research and development?
Embraer spent R$407.5 million on research and development in fiscal 2025, 1.0% of revenue.
How fast is Embraer growing?
Revenue grew 16.2% a year on average over the last five fiscal years, from R$19.6 billion to R$41.5 billion.
When will Embraer report its next earnings?
Embraer is expected to report results for the quarter ending September 30, 2026 on November 3, 2026.
When does Embraer's fiscal year end?
Embraer's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.