Bridger Aerospace Group Holdings, Inc. (BAER) Financial Statements
Industry: Business Services (Other) (Services)
In fiscal 2025, Bridger Aerospace reported revenue of $122.8M, up 24.6% from $98.6M the year before. Net income was $4.1M (a 3.4% net margin), or -$0.42 per diluted share. Gross margin was 42.1% and operating margin was 12.5%. Operating activities generated $16.7M of cash, leaving -$64.2M of free cash flow. At fiscal year end, Bridger Aerospace held $330.3M in total assets against $265.6M in total liabilities, including $31.4M of cash and equivalents.
Open the full interactive Bridger Aerospace financials → Quarterly statements, key ratios, valuation history and price charts.
Bridger Aerospace Key Stats
| Share Price | $0.56 |
|---|---|
| Market Cap | $31.6M |
| Revenue YoY Growth | +24.6% |
| 52-Week Range | $0.56 – $3.27 |
| Shares Outstanding | 56.4 million (basic, 2026 Q2) |
Bridger Aerospace Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $66.7M | $98.6M | $122.8M |
| Gross Profit | $25.4M | $41.1M | $51.7M |
| Operating Income | -$57.5M | $5.3M | $15.4M |
| Pre-Tax Income | -$77.7M | -$16.3M | $3.9M |
| Income Tax | -$302,000 | -$762,000 | -$215,000 |
| Net Income | -$77.4M | -$15.6M | $4.1M |
| Diluted EPS | $0.11 | -$0.81 | -$0.42 |
Bridger Aerospace Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $67.9M | $8.5M | $8.5M | $30.5M |
| Net Income | $34.5M | -$15.1M | -$31.3M | -$498,000 |
| Diluted EPS | $0.37 | -$0.28 | -$0.69 | -$0.13 |
Bridger Aerospace Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash & Equivalents | $23.0M | $39.3M | $31.4M |
| Current Assets | $45.2M | $63.8M | $40.2M |
| Total Assets | $273.5M | $290.8M | $330.3M |
| Current Liabilities | $25.4M | $23.4M | $16.5M |
| Total Long-Term Debt | $206.7M | $204.6M | $213.3M |
| Total Liabilities | $246.5M | $237.3M | $265.6M |
| Shareholders' Equity | -$327.9M | -$326.7M | -$342.6M |
Bridger Aerospace Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | -$26.8M | $9.4M | $16.7M |
| Cash From Investing | $27.2M | $2.1M | -$34.4M |
| Cash From Financing | -$5.8M | $4.7M | -$4.3M |
| Free Cash Flow | -$47.5M | $5.3M | -$64.2M |
Figures from Bridger Aerospace's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Bridger Aerospace financials page for every line item.
Bridger Aerospace Company Profile
| Ticker | BAER |
|---|---|
| Exchange | Nasdaq |
| Industry | Business Services (Other) (Services) |
| Headquarters | Belgrade, Montana |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001941536 |
Frequently Asked Questions
What was Bridger Aerospace's revenue in fiscal 2025?
Bridger Aerospace (BAER) reported revenue of $122.8M for fiscal 2025.
What is Bridger Aerospace's annual revenue history?
Bridger Aerospace's annual revenue by fiscal year: 2023: $66.7M; 2024: $98.6M; 2025: $122.8M.
What was Bridger Aerospace's net income in fiscal 2025?
Bridger Aerospace reported net income of $4.1M for fiscal 2025.
What was Bridger Aerospace's earnings per share (EPS) in fiscal 2025?
Bridger Aerospace's diluted EPS was -$0.42 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Bridger Aerospace generate in fiscal 2025?
Bridger Aerospace generated -$64.2M of free cash flow in fiscal 2025.
What was Bridger Aerospace's revenue last quarter?
In its most recent reported quarter (2026 Q2), Bridger Aerospace reported revenue of $30.5M.
How much debt does Bridger Aerospace have?
Bridger Aerospace reported $213.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Bridger Aerospace are outstanding?
Bridger Aerospace reported a weighted average of 56.4 million basic shares outstanding in 2026 Q2.
What is Bridger Aerospace's market cap?
Based on its latest closing price, Bridger Aerospace (BAER) has a market capitalization of about $31.6M.
When does Bridger Aerospace's fiscal year end?
Bridger Aerospace's fiscal year end, as registered with the SEC, is December 31.
Where is Bridger Aerospace headquartered?
Bridger Aerospace lists its business address in Belgrade, Montana in its SEC filings.