Bombardier (TSE:BBD.A) Releases Earnings Results

Bombardier (TSE:BBD.A) issued its earnings results on Thursday. The company reported C$3.55 EPS for the quarter, FiscalAI reports. The firm had revenue of C$3.05 billion during the quarter.

Here are the key takeaways from Bombardier’s conference call:

• Strong first-half execution: Q2 revenue rose 6% year over year to $2.15 billion, adjusted EBITDA increased 9% to $325 million, and adjusted EPS more than doubled to $2.50. Management reaffirmed its raised full-year guidance.
• Demand and backlog remain robust: Backlog reached $21.8 billion, up $4.3 billion from year-end 2025, with a 1.5x unit book-to-bill ratio. Demand was described as broad-based across geographies, fleet operators, individual buyers, the Global 8000, and defense programs.
• Services continues to outperform: Services revenue grew 14% to a quarterly record of $674 million, supported by higher aircraft utilization and network expansion. Bombardier also cited additional growth opportunities, including a 10-year Swedish Armed Forces support agreement.
• Balance sheet and cash flow improved significantly: Free cash flow reached $228 million in Q2 and $588 million in the first half, while net debt fell by $356 million during the quarter. Refinancing reduced annualized interest expense by about $80 million, and Bombardier ended the quarter with 1.6x net leverage, approximately $1.9 billion of liquidity, and no debt maturities before November 2030.
• Delivery timing and supply-chain risks remain: Management expects Q3 to be broadly similar to last year, with revenue, EBITDA, and free cash flow heavily weighted toward a very active fourth quarter. Supply-chain constraints have improved but continue to pressure costs and deliveries, while inventory increased by more than $400 million to support the second-half delivery schedule.

Bombardier Trading Down 6.3%

Shares of TSE:BBD.A opened at C$335.27 on Friday. Bombardier has a 1-year low of C$149.57 and a 1-year high of C$377.94. The stock has a market capitalization of C$33.08 billion, a P/E ratio of 37.13, a P/E/G ratio of 6.24 and a beta of 1.89. The business has a 50-day moving average price of C$325.26 and a two-hundred day moving average price of C$281.72.

Wall Street Analyst Weigh In

BBD.A has been the topic of a number of recent analyst reports. Scotiabank boosted their price objective on Bombardier from C$330.00 to C$380.00 in a research note on Thursday, July 16th. Scotia boosted their target price on shares of Bombardier from C$305.00 to C$330.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$355.00.

Bombardier Company Profile

At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation – innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect.