• Revenues grew 6% year-over-year to $2.15 billion, including a record Services contribution of $674 million, up 14% year-over-year; the Corporation delivered 32 aircraft for the quarter.
  • Adjusted EBITDA(1) reached $325 million, a 9% year-over-year improvement, with an adjusted EBITDA margin(2) of 15.1%, up 50 basis points. Reported EBIT was $225 million for the second quarter, up 10% year-over-year, with an EBIT margin(3) of 10.5%, a 40 basis-point increase from the prior-year period.
  • Adjusted net income(1) grew to $257 million, marking a $140 million year-over-year increase, while reported net income(4) remained stable at $191 million compared to $193 million in the prior-year period. Adjusted EPS(2) reached $2.50 and diluted EPS(4) was $1.84.
  • Free cash flow(1) reached $228 million for the quarter, an increase of $392 million year-over-year, reflecting a significant improvement compared to second quarter of 2025. Cash flows from operating activities(4) totaled $338 million, compared with $128 million cash flow usage from operating activities(4) in the prior-year period, while net additions to PP&E and intangible assets(3) increased by $74 million year-over-year to $110 million.
  • Backlog(5) was $21.8 billion as at June 30, 2026, increasing by $4.3 billion compared with year-end 2025. Second quarter unit book-to-bill(6) of 1.5x driven by strong demand for the Global 8000.
  • Available liquidity(1) remained strong at approximately $1.9 billion; cash and cash equivalents were $1.5 billion as at June 30, 2026. In support of its deleveraging efforts, the Corporation completed debt repayment and refinancing transactions, reducing debt by $356 million(7), and leaving no debt maturities before November 2030.
  • Subsequent to quarter end, the Corporation entered into a new $750 million, five-year committed secured revolving credit facility, replacing its previous $450 million facility.

MONTREAL, July 30, 2026 (GLOBE NEWSWIRE) – Bombardier Inc. (TSX: BBD.B) today announced solid financial results for the second quarter of 2026, reflecting continued execution towards its full-year guidance(8). Supported by resilient market conditions and sustained demand across its portfolio, the company delivered revenue and earnings growth, while generating a significant year-over-year improvement in free cash flow(1). The company’s Services business continued to drive revenue growth, while strong demand from both civil and defense customers contributed to backlog(5) growth, reaching $21.8 billion at quarter-end. Supported by sustained activity across its Defense business and a robust pipeline of opportunities, the company remains on track to meet its raised 2026 guidance across all key metrics(8).

“Our impressive quarter demonstrates the power of a team executing its plan at the top of their game with the right strategy. Our profitability growth, record services revenue and robust free cash flow are all rooted in the quality of our team and their collective commitment to our customers,” said Éric Martel, President and Chief Executive Officer, Bombardier. “The Global 8000 aircraft continues to perform at the top of its category in the skies and in the order books, reinforcing our leadership in business aviation. As our Defense business continues to expand in parallel, we remain focused on delivering convenience and care to our customers no matter what platforms they fly around the world. Their continued confidence in our products, services and people is reflected in our expanding backlog, giving us a solid foundation for sustained growth.”

Revenue Growth Driven by Record Services Performance

Bombardier reported revenues of $2.15 billion for the second quarter of 2026, up 6% year-over-year, driven by a record Services contribution and 32 aircraft deliveries. The company’s Services business delivered another standout quarter in Q2 2026 with an increase in revenues of 14% year-over-year, totaling $674 million. Reflecting the strength of this growing business and Bombardier’s continued commitment to its global aftermarket network, the company recently announced the expansion of its Singapore Service Centre, which is expected to nearly double the facility’s capacity when operations begin in the second half of 2028(8).

Demand – specifically for the Global 8000 aircraft – drove a unit book-to-bill(6) of 1.5x for the quarter. Backlog(5) reached $21.8 billion as at June 30, 2026, increasing by an impressive $4.3 billion compared with year-end 2025.

Strong Free Cash Flow(1) Generation and Solid Earnings Performance

Free cash flow(1) for the second quarter of 2026 reached $228 million, an improvement of $392 million compared to $164 million cash flow usage recorded in the second quarter of 2025. This strong performance was driven by a significant improvement in cash flows from operating activities(4), which reached $338 million, compared to cash flow usage of $128 million in the prior-year period.

Net additions to PP&E and intangible assets(3) came in at $110 million, increasing by $74 million year-over-year.

Bombardier reported net income(4) of $191 million, compared to $193 million in the prior-year period. Adjusted net income(1) reached $257 million, up $140 million from the same quarter in 2025. Adjusted EPS(2) reached $2.50, while diluted EPS(4) was $1.84.

The company generated adjusted EBITDA(1) of $325 million in the quarter, increasing 9% year-over-year, while adjusted EBITDA margin(2) expanded by 50 basis points to 15.1%. Reported EBIT reached $225 million, resulting in an EBIT margin(3) of 10.5%, an increase of 40 basis points year-over-year.

Continued Debt Reduction and Strong Liquidity

Bombardier maintained a strong financial position during the quarter, with available liquidity(1) of approximately $1.9 billion and cash and cash equivalents of $1.5 billion as at June 30, 2026. During the quarter, the company continued to optimize its balance sheet through the full repayment of all outstanding $750 million 7.50% Senior Notes due 2029, the repayment of all outstanding $150 million CAD 7.35% debentures due December 2026 ($106 million), funded through a combination of cash on hand and the issuance of a $500 million 5.875% new Senior Notes due 2035, resulting in a net debt reduction of $356 million(7).

Debt reduction of more than $1.1 billion year-to-date reduced the company’s adjusted net debt to adjusted EBITDA ratio(2) to 1.6x as at June 30, 2026, nearing its target of approximately 1.5x(8). Bombardier’s next debt matures in November 2030. Today, the company announced a new $750 million five-year secured revolving credit facility with a broad syndicate of leading financial institutions. The facility replaces Bombardier’s existing $450 million revolving credit facility, enhancing financial flexibility and supporting its long-term growth strategy.

  • Non-GAAP financial measure. A non-GAAP financial measure is not a standardized financial measure under the financial reporting framework used to prepare our financial statements and might not be comparable to similar financial measures used by other issuers. Refer to the section entitled Caution regarding non-GAAP and other financial measures of this press release and to the Non-GAAP and other financial measures section in the Management Discussion & Analysis of the Corporation’s interim financial report for the quarter ended June 30, 2026 (“MD&A”) for definitions of these metrics and reconciliations to the most comparable IFRS measures.
  • Non-GAAP financial ratio. A non-GAAP financial ratio is not a standardized financial measure under the financial reporting framework used to prepare our financial statements and might not be comparable to similar financial measures used by other issuers. Refer to the section entitled Caution regarding non-GAAP and other financial measures of this press release and to the Non-GAAP and other financial measures section in the MD&A for definitions of these metrics and reconciliations to the most comparable IFRS measures.
  • Supplementary financial measure. Refer to the section entitled Caution regarding non-GAAP and other financial measures of this press release and to the Non-GAAP and other financial measures section in the MD&A for definitions of these metrics.
  • Only from continuing operations.
  • Represents order backlog for both manufacturing and Services.
  • Defined as net new aircraft orders in units over aircraft deliveries in units.
  • Debt reduction based on notional amount.
  • Forward-looking statement. See the Forward-looking statements disclaimer in this press release and the Forward-looking statements – Assumptions section of the Management Discussion & Analysis of the Corporation’s interim financial report for the quarter ended March 31, 2026 for details of some of the material assumptions on which the 2026 Guidance is based.

SELECTED RESULTS

Three-month periods ended June 30 2026 2025 Variance
Revenues $2,150 $2,028 6%
Adjusted EBITDA(1) $325 $297 9%
Adjusted EBITDA margin(2) 15.1% 14.6% 50 bps
Adjusted EBIT(1) $225 $205 10%
Adjusted EBIT margin(2) 10.5% 10.1% 40 bps
EBIT $225 $205 10%
EBIT margin(3) 10.5% 10.1% 40 bps
Net income(4) $191 $193 $(2)
Diluted EPS (in dollars)(4) $1.84 $1.87 $(0.03)
Adjusted net income(1) $257 $117 $140
Adjusted EPS (in dollars)(2) $2.50 $1.11 $1.39
Cash flows from operating activities(4) $338 $(128) $466
Net additions to PP&E and intangible assets(3) $(110) $(36) $(74)
Free cash flow (usage)(1) $228 $(164) $392
As at June 30, 2026 December 31, 2025 Variance
Cash and cash equivalents $1,454 $2,175 (33%)
Available liquidity(1) $1,897 $2,540 (25%)
Order backlog (in billions of dollars)(5) $21.8 $17.5 25%

bps: basis points

  • Non-GAAP financial measure. A non-GAAP financial measure is not a standardized financial measure under the financial reporting framework used to prepare our financial statements and might not be comparable to similar financial measures used by other issuers. Refer to the section entitled Caution regarding non-GAAP and other financial measures of this press release and the Non-GAAP and other financial measures section in the MD&A for definitions of these metrics and reconciliations to the most comparable IFRS measures.
  • Non-GAAP financial ratio. A non-GAAP financial ratio is not a standardized financial measure under the financial reporting framework used to prepare our financial statements and might not be comparable to similar financial measures used by other issuers. Refer to the section entitled Caution regarding non-GAAP and other financial measures of this press release and to the Non-GAAP and other financial measures section in the MD&A for definitions of these metrics and reconciliations to the most comparable IFRS measures.
  • Supplementary financial measure. Refer to the section entitled Caution regarding non-GAAP and other financial measures section of this press release and to the Non-GAAP and other financial measures section in the MD&A for definitions of these metrics.
  • Only from continuing operations.
  • Represents order backlog for both manufacturing and Services.