15 slides from Bombardier Inc. Class A's earnings presentation, Apr 30, 2026
Slide 1: Financial Results
Financial Results For the first quarter ended March 31st, 2026 APRIL 30TH, 2026
Slide 2: Caution regarding forward-looking statements disclaimer
Caution regarding forward-looking statements disclaimer This presentation contains forward-looking statements intended to assist investors in understanding our objectives, strategies, and future prospects which may involve but are not limited to: statements with respect to our objectives, anticipati
Slide 3: Revenues
Revenues For the three-month periods ended March 31st Revenues Revenues Breakdown Aircraft Deliveries Manufacturing and Services2 Large Medium Other1 $1,599M $1.6B $1,522M $1.5B 24 23 $982M $1,027M 61% 67% 12 14 $617M $495M 39% 11 10 33% Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Notes: Chart d
Slide 4: Earnings
Earnings For the three-month periods ended March 31st Adjusted EBITDA1 Adjusted EBIT1 Reported EBIT Adjusted EBITDA margin2 Adjusted EBIT margin2 Reported EBIT margin3 $177M $177M $248M $246M $167M $167M 11.6% 11.6% 16.3% 15.4% 10.4% 10.4% Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Notes: Chart
Slide 5: Adjusted net income, adjusted EPS and free cash flow (usage)
Adjusted net income, adjusted EPS and free cash flow (usage) For the three-month periods ended March 31st Adjusted net income1 Adjusted EPS2 FCF (usage)1 $189M $360M $1.81 $68M $0.61 $(304)M Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Notes: Chart data may not be to scale. 1. Non-GAAP financial
Slide 6: Net income and diluted EPS
Net income and diluted EPS For the three-month periods ended March 31st Net income1 Diluted EPS1 $53M $0.45 $44M $0.37 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Notes: Chart data may not be to scale. 1. Only from continuing operations. 6
Slide 7: 2026 Guidance update
2026 Guidance update1 2026 Guidance provided in 2026 our 2025 Financial Report2 Guidance update Aircraft deliveries (in units) > 157 > 157 Revenues > $10.0 billion > $10.0 billion Adjusted EBITDA3 > $1,625 million > $1,625 million $1,545M 75% $1,442M Free Cash Flow3 $600 million - $1,000 million 78%
Slide 8: Bombardier
——_ — , 4 Bombardier
Slide 9: Financial performance
Financial performance For the three-month periods ended March 31st Q1 2026 Q1 2025 Variance Revenues $1,599 $1,522 5% Adjusted EBITDA(1) $246 $248 (1)% (2) Adjusted EBITDA margin 15.4% 16.3% (90) bps Adjusted EBIT(1) $167 $177 (6)% Adjusted EBIT margin(2) 10.4% 11.6% (120) bps EBIT $167 $177 (6)% EB
Slide 10: Caution regarding non-GAAP and other 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 11: 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 12: 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 13: Reconciliation of non-GAAP and other financial measures
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted EBIT to EBIT and computation of adjusted EBIT margin Three-month periods ended March 31 2026 2025 EBIT $ 167 $ 177 Adjusted EBIT $ 167 $ 177 Total revenues $ 1,599 $ 1,522 Adjusted EBIT margin 10.4 % 11.6 % Reconcilia
Slide 14: Reconciliation of non-GAAP and other financial measures
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 March 31 2026 2025 (per share) (per share) Net income from continuing operations $ 53 $ 44 Adjustments to net financing expense relate
Slide 15: Reconciliation of non-GAAP and other financial measures
Reconciliation of non-GAAP and other financial measures Reconciliation of free cash flow (usage) to cash flows from operating activities Three-month periods ended March 31 2026 2025 Cash flows from operating activities - continuing operations $ 393 $ (271) Net additions to PP&E and intangible assets