Embraer S.a. cash flow statement

In fiscal 2025, Embraer S.a.'s operations generated $870m of cash; it spent $187m on capital projects, leaving free cash flow of $683m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Embraer S.a.: cash flow statement, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	863	−7	753	1,108	894	−1,290	515	751	617	871	870
Depreciation and amortisation	−317	368	232	272	0	101	209	210	242	244	260
Stock-based pay	2	1	1	0	—	—	—	3	—	—	—
Capital spending	342	393	238	154	285	102	102	136	239	200	187
Free cash flow	521	−399	515	953	609	−1,393	414	615	378	671	683
Free cash flow after stock pay	519	−401	515	953	—	—	—	612	—	—	—
Share buybacks	—	17	15	—	—	—	—	—	—	—	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Embraer S.a.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Embraer S.a.