Bridger Aerospace Group Holdings, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Bridger Aerospace Group Holdings, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2023
FY2024
FY2025
Revenue
46.4
66.7
98.6
123
Cost of revenue
33.9
41.3
57.5
71.1
Gross profit
12.5
25.4
41.1
51.7
Selling, general and administrative
35.1
82.9
35.8
36.3
Operating income
-22.6
-57.5
5.32
Interest expense
20
23.2
23.7
Other non-operating income
0.52
3.05
2.07
11.8
Pre-tax income
-42.1
-77.7
-16.3
3.93
Income tax
0
-0.3
-0.76
-0.22
Net income
-42.1
-77.4
-15.6
4.14
EBITDA
-13.5
-46.4
22.8
EPS, basic
-8.20
0.19
-0.81
-0.42
EPS, diluted
-8.20
-1.00
-0.81
-0.42
Shares, basic (weighted)
40.3
45.3
50.5
54.3
Shares, diluted (weighted)
40.3
77.5
50.5
54.3
Balance sheet
FY2023
FY2023
FY2024
FY2025
Cash and equivalents
30.2
23
39.3
31.4
Short-term investments
55
Receivables
0.03
4.11
5.95
3.19
Other current assets
0.03
0.09
0.18
0.29
Total current assets
107
45.2
63.8
40.2
Property, plant and equipment
192
197
184
219
Lease right-of-use assets
0.67
7.78
7.95
31.4
Goodwill
2.46
13.2
20.7
20.9
Intangible assets
0.21
1.73
6.08
6.02
Other non-current assets
4.36
16.8
16.4
44.4
Total assets
306
273
291
330
Accounts payable
3.17
3.98
5.33
3.42
Accrued liabilities
18.7
17.2
14.1
9.79
Short-term debt
2.45
2.1
2.17
0.93
Total current liabilities
24.3
25.4
23.4
16.5
Long-term debt
205
205
202
212
Lease liabilities
0.76
5.78
6.08
29.2
Total liabilities
231
247
237
266
Total debt
208
211
208
222
Paid-in capital
0
84.8
101
82.3
Retained earnings
-415
-414
-429
-425
Other comprehensive income
1.68
0.99
1.04
0.19
Shareholders' equity
-414
-328
-327
-343
Total equity
-414
-328
-327
-343
Total liabilities and equity
306
273
291
330
Shares outstanding
39.1
44.8
54.2
55.9
Cash flow statement
FY2023
FY2023
FY2024
FY2025
Net income
-42.1
-77.4
-15.6
4.14
Depreciation and amortization
9.09
11.1
17.5
15.5
Stock-based compensation
0.01
47.8
16.2
7.1
Deferred income tax
0
-0.34
-1.14
-0.37
Change in receivables
0.01
-1.09
-2.13
2.76
Change in payables
11.5
-9.48
-3.1
-7.33
Cash from operations
-9.92
-26.8
9.36
16.7
Capital expenditures
-25.6
-20.7
-4.08
-80.9
Purchases of investments
-60.2
-1
0
Sales and maturities of investments
5.5
0.02
1.1
0
Cash from investing
-89.8
27.2
2.06
-34.4
Debt repaid
-2.04
-2.2
-2.99
-211
Stock issued
0
0.17
0
Cash from financing
125
-5.83
4.67
-4.32
Exchange rate effect
0
-0.04
0.06
0.33
Net change in cash
25.2
-5.52
16.1
-21.7
Free cash flow
-35.5
-47.5
5.27
-64.2
Interest paid
12.7
23.2
23.1
28.8
Income taxes paid
0
0.43
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.79 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
38.1%
Gross profit / revenue.
Pre-tax margin
-11.3%
Pre-tax income / revenue.
Net margin
-10.8%
Net income / revenue.
FCF margin
-77.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-3.4%
Cash from operations / revenue.
Return on assets (ROA)
-3.8%
Net income / average total assets.
SG&A / revenue
37.4%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
4.5%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
73.8%
Capital expenditures / revenue.
D&A / revenue
14.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
24.6%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
38.3%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
25.6%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
60.5%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
78.9%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-1,318.0%
Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
13.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
2.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
7.4%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
10.5%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.73x
Current assets / current liabilities.
Quick ratio
1.48x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.39x
(Cash + short-term investments) / current liabilities.
Debt / assets
72.8%
Total debt / total assets.
Liabilities / assets
89.4%
Total liabilities / total assets.
Net debt
$228.6M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$2.05
Revenue / diluted weighted shares.
FCF per share
-$1.58
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.07
Cash from operations / diluted weighted shares.
Book value per share
-$6.59
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.40x
Market cap / revenue.
EV/Sales
2.38x
Enterprise value / revenue.
FCF yield
-190.9%
Free cash flow / market cap.
Earnings yield
-26.7%
Net income / market cap (the inverse of P/E).
What was Bridger Aerospace Group Holdings, Inc.'s revenue in fiscal 2025?
Bridger Aerospace Group Holdings, Inc. reported revenue of $122.8M for fiscal 2025, 24.6% higher than the year before.
Was Bridger Aerospace Group Holdings, Inc. profitable in fiscal 2025?
Yes. Net income was $4.1M, a net margin of 3.4%.
How much free cash flow did Bridger Aerospace Group Holdings, Inc. generate in fiscal 2025?
Cash from operations of $16.7M minus capital expenditures of $80.9M left free cash flow of -$64.2M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.