Bridger Aerospace Group Holdings, Inc. Common Stock Earnings Recaps
Q3 2025
Nov 8, 2025
Bridger Aerospace delivered an exceptional performance in Q3 FY2025, exceeding annual revenue guidance and showing significant operational enhancements amid a challenging wildfire season.
Key takeaways
- Record task orders and nearly 10% year-over-year increase in fleet utilization, with multi-mission aircraft flight hours nearly doubling.
- Adjusted EBITDA guidance remains on track, supported by strategic long-term contracts with the Forest Service and states.
- Completed a $49 million sale leaseback and secured a $331 million expanded debt facility, enhancing financial flexibility for growth and acquisitions.
- FMS division generated $2.4 million, navigating delays due to federal budgeting but positioned for growth in defense and commercial opportunities.
- Ignis Technologies' mobile platform enhances operational effectiveness, with live streaming capabilities successfully utilized during active fire incidents.
Q2 2025
Aug 8, 2025
Bridger Aerospace reported record Q2 revenues of $30.8 million, marking a 100% increase year-over-year, alongside a positive net income of $0.3 million—demonstrating unprecedented performance amidst heightened wildfire activity.
Key takeaways
- Achieved over 100% revenue growth compared to Q2 last year, reaching $30.8 million.
- Recorded positive net income of $0.3 million, the earliest Q2 profit in company history.
- Expanded deployment with all six Super Scoopers mobilized in Alaska for the first time, enhancing wildfire response capabilities.
- Secured multiple long-term task orders, reflecting strong acceptance and utilization of aerial firefighting assets in a year-round context.
- FMS and Ignis Technologies are positioned for future growth, with ongoing bidding opportunities and enhanced operational capabilities.