Bridger Aerospace Group Holdings, Inc. BAER
Bridger provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods primarily throughout the United States, as well as airframe modification and integration solutions for governmental and commercial customers. Our mission is to deploy the most advanced technologies in aviation to protect lives, property, critical infrastructure, and the environment, delivering these capabilities where they are needed most, from wildfire response to defense and beyond. Through innovation and the use of advanced technology and software, focusing on aerial firefighting, disaster response, government applications and public safety, Bridger aims to set the global standard in aviation services.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $122.8M | $98.6M | $66.7M | $46.4M | — |
| Cost of revenue | $71.1M | $57.5M | $41.3M | $33.9M | — |
| Gross profit | $51.7M | $41.1M | $25.4M | $12.5M | — |
| SG&A | $36.3M | $35.8M | $82.9M | $35.1M | — |
| Operating income | — | $5.3M | -$57.5M | -$22.6M | — |
| Interest expense | — | $23.7M | $23.2M | $20.0M | — |
| Pre-tax income | $3.9M | -$16.3M | -$77.7M | -$42.1M | — |
| Income tax | $215.0K | $762.0K | $302.0K | $0 | — |
| Net income | $4.1M | -$15.6M | -$77.4M | -$42.1M | — |
| EPS, basic | -0.42 | -0.81 | 0.19 | -8.20 | — |
| EPS, diluted | -0.42 | -0.81 | -1.00 | -8.20 | — |
| Shares, diluted (wtd. avg.) | 54.3M | 50.5M | 77.5M | 40.3M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $31.4M | $39.3M | $36.9M | $42.5M | $17.3M |
| Total current assets | $40.2M | $63.8M | $45.2M | $106.9M | — |
| Goodwill | $20.9M | $20.7M | $13.2M | $2.5M | — |
| Other intangibles | $6.0M | $6.1M | $1.7M | $208.0K | — |
| Total assets | $330.3M | $290.8M | $273.5M | $306.0M | — |
| Accounts payable | $3.4M | $5.3M | $4.0M | $3.2M | — |
| Short-term debt | $926.0K | $2.2M | $2.1M | $2.4M | — |
| Total current liabilities | $16.5M | $23.4M | $25.4M | $24.3M | — |
| Long-term debt | $212.4M | $202.5M | $204.6M | $205.5M | — |
| Total liabilities | $265.6M | $237.3M | $246.5M | $230.6M | — |
| Retained earnings | -$425.1M | -$429.2M | -$413.7M | -$415.3M | — |
| Total equity | -$342.6M | -$326.7M | -$327.9M | -$413.6M | -$84.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | $16.7M | $9.4M | -$26.8M | -$9.9M | — |
| Depreciation and amortisation | $15.5M | $17.5M | $11.1M | $9.1M | — |
| Stock-based compensation | $7.1M | $16.2M | $47.8M | $9.0K | — |
| Capital expenditure | $80.9M | $4.1M | $20.7M | $25.6M | — |
| Investing cash flow | -$34.4M | $2.1M | $27.2M | -$89.8M | — |
| Financing cash flow | -$4.3M | $4.7M | -$5.8M | $124.9M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001941536-26-000005.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | — | $46.4M | $66.7M | $98.6M | $122.8M |
| Gross profit | — | $12.5M | $25.4M | $41.1M | $51.7M |
| Net income | — | -$42.1M | -$77.4M | -$15.6M | $4.1M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7389
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MA | Mastercard Inc | $550.02B | 37.7x | 16.4% |
| ACN | Accenture plc | $152.67B | 20.5x | 7.4% |
| UBER | Uber Technologies, Inc | $136.24B | 14.1x | 18.3% |
| MELI | MERCADOLIBRE INC | $91.77B | 45.9x | 34.3% |
| DASH | DoorDash, Inc. | $77.93B | 84.2x | 27.9% |
| EBAY | EBAY INC | $54.03B | 28.0x | 7.9% |
| PYPL | PayPal Holdings, Inc. | $50.30B | 10.5x | 4.3% |
| MSCI | MSCI Inc. | $44.76B | 39.2x | 9.7% |