Bombardier has announced a solid financial performance for the third quarter of 2025, recording an 11% year-over-year rise in revenue to US$2.3 billion. The growth was driven by robust demand across its business segments, including Services revenue of US$590 million, up 12% compared with the same period last year. The company also delivered 34 aircraft during the quarter, four more than in the third quarter of 2024.
Adjusted EBITDA reached US$356 million, marking a 16% increase from the previous year, while the adjusted EBITDA margin rose by 60 basis points to 15.4%. Reported EBIT for the quarter stood at US$227 million, reflecting strong execution and steady profitability across operations.
Adjusted net income totalled US$129 million, up 59% year-over-year, while net income reached US$85 million. Adjusted earnings per share were US$1.21, with diluted earnings per share at US$0.77 — both representing significant gains from the same quarter in 2024.
Free cash flow generation was particularly strong at US$152 million, an improvement of US$279 million compared with the prior-year quarter. Cash flows from operating activities were US$190 million, while net additions to property, plant and equipment and intangible assets amounted to US$38 million.
As of September 30, 2025, Bombardier’s backlog stood at US$16.6 billion, supported by a healthy unit book-to-bill ratio of 1.3. Available liquidity remained strong at US$1.6 billion, including US$1.2 billion in cash and cash equivalents.
The company also continued to reduce debt, with the repayment of approximately US$100 million announced in November and scheduled for completion on December 3, 2025. Overall, the results confirm that Bombardier remains firmly on track to achieve its full-year financial guidance.
