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Bombardier Exceeds All 2025 Guidance Metrics, Successfully Completes its Turnaround Plan, and Sets 2026 Guidance for Strong Year Ahead
Full-year 2025 revenues surpassed guidance, growing 10% year-over-year to reach $9.55 billion. Th...
About this update from Bombardier Inc. Class A
[{"type":"text","content":"Bombardier Exceeds All 2025 Guidance Metrics, Successfully Completes its Turnaround Plan, and Sets 2026 Guidance for Strong Year Ahead\nFull-year 2025 revenues surpassed guidance, growing 10% year-over-year to reach $9.55 billion. This strong performance was powered by an all-time high in Services revenues, up 13%, and 157 aircraft deliveries, an increase of 11 units year-over-year.Adjusted EBITDA(1) rose 15% year-over-year, reaching $1,559 million, with adjusted EBITDA margin(2)  expanding 60 basis points to 16.3%. Reported EBIT up 26% year-over-year at $1,108 million for the full year, driving EBIT margin(3) to 11.6%, an improvement of 150 basis points.Adjusted net income(1) grew to $805 million, marking a 47% year-over-year increase, while reported net income(4) increased to $975 million, up 164%. Full-year performance translated to an adjusted EPS(2) of $7.72 and diluted EPS(4) of $9.41.Free cash flow(1) was up $840 million compared to 2024, reaching an impressive $1,072 million for the full-year. Reported cash flows from operating activities(4) were $1,225 million, up from $405 million versus 2024. Net additions to PP&E and intangible assets(3) totaled $153 million, compared with $173 million in 2024.Backlog(5) jumped to $17.5 billion as at December 31, 2025, up $3.1 billion from 2024. Unit book-to-bill(6) of 1.4 for the year highlights healthy demand across our portfolio.More than $400 million of debt was repaid, using cash from the balance sheet in 2025, driving solid progress on deleveraging. The adjusted net debt to adjusted EBITDA ratio(2) improved from 2.9x in 2024 to 1.9x at year-end. An additional $500 million of Senior Notes to be redeemed on February 15, 2026. Available liquidity(1) remained strong at $2.5 billion; cash and cash equivalents were $2.2 billion as at December 31, 2025.With the completion of its successful 5-year turnaround plan, which was first detailed in 2021, Bombardier’s 2026 guidance lays the groundwork for sustained top‑line growth, solid margins, and reliable free‑cash‑flow performance(7). All amounts in this press release are in U.S. dollars, unless otherwise indicated.Amounts in tables are in millions except per share amounts, unless otherwise indicated.  MONTREAL, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (TSX: BBD.B) today announced strong ...