Bombardier raised its full-year 2026 free cash flow guidance to above $1.0 billion on April 30, 2026, up from the prior range of $600 million to $1.0 billion set in February. The Montreal-based business jet manufacturer reported its strongest first-quarter performance in nearly two decades, driven by a record order backlog and demand for the Global 8000.
The company posted Q1 revenues of $1.6 billion, a 5% increase year-over-year, with services revenue jumping 25% to $617 million. Aircraft deliveries reached 24 units, up one from the prior year. Adjusted EBITDA stood at $246 million with a 15.4% margin, while reported EBIT was $167 million. Adjusted net income rose 178% to $189 million, and free cash flow surged $664 million to $360 million.
Order backlog hit $20.3 billion by March end, up $2.8 billion from year-end 2025 and 43% year-over-year. All other 2026 guidance remains unchanged, including more than 157 aircraft deliveries and revenues above $10 billion. Éric Martel, president and CEO, stated that the quarter reflected sustained demand across the product portfolio, services, and defense segments.