Overview
- Bombardier reported results on Thursday showing third-quarter revenue of about $2.37–$2.4 billion, 33 aircraft delivered and free cash flow of $183 million, a 20% increase year‑over‑year.
- The company raised its 2026 free cash flow forecast to more than $1.3 billion after services revenue climbed to $701 million, up roughly 19%, reflecting record aftermarket demand.
- Management is publicly weighing how to deploy the excess cash and is considering acquisitions to expand services and defence, a larger buyback program or reinstating a dividend.
- Bombardier is proceeding with its planned purchase of MHI Canada Aerospace assets, which would bring about 750 employees in‑house, and is moving ahead with U.S. expansion plans that include hiring and a roughly US$270 million infrastructure spend.
- Improved leverage with a projected net debt to EBITDA near 1.2 times and no near‑term debt maturities gives the company flexibility, and an in‑person investor day is scheduled for Feb. 18, 2027, when executives are expected to outline capital plans.