Airbus SE Q3 2026 Earnings Recap

Airbus reported higher nine-month revenue and adjusted EBIT, with aircraft deliveries up year over year, while maintaining its 2026 guidance. The stock rose 1.9% after the release, a modest move that suggests a broadly neutral market response.

Key Takeaways

• Revenue increased 7% to €50.6 billion, while adjusted EBIT rose 8.9% to €4.5 billion.
• Airbus delivered 547 commercial aircraft in the first nine months, up from 507 a year earlier; Q3 deliveries were 196. Management said the delivery profile is back-end loaded.
• Free cash flow before customer financing was negative €1.3 billion. The company said its 2026 guidance remains unchanged.
• Net commercial aircraft orders were 1,105, including 69 cancellations; backlog stood at 9,310 aircraft at the end of September.
• Defence and Space order intake reached €11.5 billion. Results also faced offsets from a less favorable hedge rate, higher R&D expenses, and a weaker U.S. dollar.