Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q3 2025 Earnings Presentation
15 slides from Bombardier Inc. Class A's earnings presentation, Nov 7, 2025
Slide 1: Financial Results for the third quarter ended September 30th, 2025
Financial Results For the third quarter ended September 30th, 2025 November 6th, 2025
Slide 2: Caution regarding forward-looking statements
Caution regarding forward-looking statements This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, anticipations and outlook or guidance in respect of various financial and global metrics and sources of contributi
Slide 3: Revenues
Revenues For the three-month periods ended September 30th Revenues Revenues Breakdown Aircraft Deliveries Manufacturing and Services2 Large Medium Other1 $2.3B $2,307M $2.1B $2,073M 34 30 13 13 $1,717M 74% $1,545M 75% 21 17 $590M $528M 26% 25% Q3 2024 Q3 2025 Q3 2024 Q3 2025 Q3 2024 Q3 2025 Notes: C
Slide 4: Earnings
Earnings For the three-month periods ended September 30th Adjusted EBITDA1 Adjusted EBIT1 Reported EBIT Adjusted EBITDA margin2 Adjusted EBIT margin2 Reported EBIT margin3 $356M $227M $227M $307M 15.4% $201M 9.8% $201M 9.8% 14.8% 9.7% 9.7% Q3 2024 Q3 2025 Q3 2024 Q3 2025 Q3 2024 Q3 2025 Notes: Chart
Slide 5: Adjusted net income, Adjusted EPS and Free cash flow
Adjusted net income, Adjusted EPS and Free cash flow (usage) For the three-month periods ended September 30th Adjusted net income1 Adjusted EPS2 FCF(usage)1 $129M $1.21 $152M $81M $0.74 $(127)M Q3 2024 Q3 2025 Q3 2024 Q3 2025 Q3 2024 Q3 2025 Notes: Chart data may not be to scale. 1. Non-GAAP financi
Slide 6: Net income and Diluted EPS
Net income and Diluted EPS For the three-month periods ended September 30th Net income1 Diluted EPS1 $117M $1.09 $85M $0.77 Q3 2024 Q3 2025 Q3 2024 Q3 2025 Notes: Chart data may not be to scale. 1. Only from continuing operations. 6
Slide 7: Bombardier
——_ — , 4 Bombardier
Slide 8: Financial performance
Financial performance For the three-month periods ended September 30th 2025 2024 Variance Revenues $2,307 $2,073 11% (1) Adjusted EBITDA $356 $307 16% Adjusted EBITDA margin(2) 15.4% 14.8% 60 bps Adjusted EBIT(1) $227 $201 13% Adjusted EBIT margin(2) 9.8% 9.7% 10 bps EBIT $227 $201 13% EBIT margin(3
Slide 9: Caution regarding Non-GAAP Financial Measures
Caution regarding non-GAAP and other financial measures Non-GAAP Financial Measures EBIT excluding certain items which do not reflect the Corporation’s core performance or where their separate presentation will assist users of the consolidated financial statements in understanding the Corporation’s
Slide 10: Caution regarding Non-GAAP and other financial measures
Caution regarding non-GAAP and other financial measures Non-GAAP and other financial measures are measures mainly derived from the consolidated financial statements but are not standardized financial measures under the financial reporting framework used to prepare our financial statements. Therefore
Slide 11: Caution regarding Non-GAAP and other financial measures
Caution regarding non-GAAP and other financial measures Adjusted EBIT margin Adjusted EBIT margin is defined as the adjusted EBIT expressed as a percentage of total revenues. Management uses adjusted EBIT margin for purposes of evaluating underlying business performance. Management believes this non
Slide 12: Reconciliation of adjusted EBIT and adjusted EBITDA
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted EBIT to EBIT and computation of adjusted EBIT margin Three-month periods Nine-month periods ended September 30 ended September 30 2025 2024 2025 2024 EBIT $ 227 $ 201 $ 609 $ 536 Restructuring charges (reversals)(1) —
Slide 13: Reconciliation of adjusted net income and adjusted EPS
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted net income to net income and computation of adjusted EPS Three-month periods ended September 30 2025 2024 (per share) (per share) Net income from continuing operations $ 85 $ 117 Adjustments to net financing expense r
Slide 14: Reconciliation of adjusted net income, nine-month
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted net income to net income and computation of adjusted EPS Nine-month periods ended September 30 2025 2024 (per share) (per share) Net income from continuing operations $ 322 $ 246 Adjustments to EBIT related to: Restru
Slide 15: Reconciliation of adjusted EPS and free cash flow
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted EPS to diluted EPS (in dollars) Nine-month periods ended September 30 2025 2024 Diluted EPS from continuing operations $ 3.00 $ 2.24 Impact of adjustments to EBIT related to: Restructuring charges (reversals)(1) 0.00