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Bombardier released its first-quarter financial results for the first quarter of 2026 (1Q26) on Thursday.
The company reports a $1.6 billion revenue that was mainly driven by its service segment and aircraft deliveries. In total, its revenue grew 5% year-over-year, with its service segment growing 25% to $617 million. Free cash flow for the first quarter of 2026 reached $360 million, improving by $664 million year-over-year. In total, it reached a solid net income of $53 million and its adjusted net income reached $189 million.
Bombardier delivered 24 aircraft in 1Q26, one more than the first quarter of 2025 (1Q25). It claims that there was high demand and robust order activity, causing a unit book-to-bill of 3.6x. There was particularly strong demand from fleet operators and for the Global 8000.
"Our strong start to 2026 reflects a favorable market environment and an exceptional product portfolio well aligned with current demand, led by our industry-leading Global 8000 aircraft. We delivered our highest first-quarter free cash flow in nearly two decades, indicating the strength of our business and the solid foundation we've built," said Bombardier President and CEO Éric Martel. "Our diversification strategy and relentless focus on customers continued to deliver with solid results in services, sustained demand for our aircraft, and continued interest across our Defense portfolio. These excellent results give us the confidence to revise our free cash flow guidance upward for the year, and I'm extremely proud of our team as we continue to build on this momentum with discipline and focus."
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Following a strong performance in the first quarter of 2026, Bombardier has a positive outlook for the remainder of the year. It revised its free cash flow guidance for 2026 upwards and now expects it to be more than $1.0 billion for 2026.