Bombardier Services Revenue Reaches $701 Million in Third Quarter

Bombardier reported third-quarter services revenue of $701 million, up $111 million year over year. The company recorded $2.37 billion in total revenue and delivered 33 aircraft during the quarter.

Key details

• Services revenue increased by $111 million from the prior-year quarter.
• Deliveries comprised 12 medium aircraft and 21 large-cabin aircraft.
• Adjusted EBITDA reached $382 million, up 7%, with a 16.1% margin, an increase of 70 basis points.
• Adjusted net income rose 41% to $182 million; adjusted earnings per share was $1.72.
• The quarter-end backlog stood at $22.2 billion, and the unit book-to-bill ratio was 1.7 times.
• Free cash flow was $183 million, up 20%, while operating cash flow was $259 million, up 36%.
• Bombardier raised its 2026 free cash flow guidance to more than $1.3 billion, from more than $1 billion.
• The company retained its 2026 targets of more than 157 deliveries, revenue above $10 billion, and adjusted EBITDA above $1.625 billion.

Bombardier's third-quarter services revenue rose $111 million year over year to $701 million.

Why it matters

The quarter's 1.7-times unit book-to-bill ratio means Bombardier booked more aircraft units than it delivered. The higher free cash flow guidance adds a cash-generation target to the company's retained delivery, revenue, and adjusted EBITDA goals for 2026.