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Bridger Aerospace vs Wise: revenue, profit, margins and growth compared

Bridger Aerospace brought in $122.8M of revenue in fiscal 2025, Wise $2.5B in fiscal 2026. Revenue changed by +24.6% at Bridger Aerospace and +19.2% at Wise on the year before, so Bridger Aerospace grew faster. Bridger Aerospace kept 3.4% of its revenue as net profit, Wise 19.9%. Free cash flow was -$64.2M at Bridger Aerospace and $7.5B at Wise.

Side by side, latest fiscal year

BAERWSE
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$122.8M$2.5B
Revenue growth+24.6%+19.2%
Net income$4.1M$498.7M
Net margin3.4%19.9%
Free cash flow-$64.2M$7.5B
Free cash flow margin-52.3%301.0%
Earnings per share (diluted)-$0.42$48.43
Cash$31.4M$27.8B
Debt$222.5M$328.7M
Price to earningsn/an/a
Market value$46.6M$14.2B
Dividend yieldn/an/a
Rank by revenue in sector#369 of 451 · Industrials#200 of 451 · Industrials

Over the years

Revenue
BAER FY2023: $46.4MBAER FY2023: $66.7MBAER FY2024: $98.6MBAER FY2025: $122.8MWSE FY2024: $1.8BWSE FY2026: $2.1BWSE FY2026: $2.5BFY23FY24FY25FY26
BAER $122.8MWSE $2.5B
Net income
BAER FY2023: -$42.1MBAER FY2023: -$77.4MBAER FY2024: -$15.6MBAER FY2025: $4.1MWSE FY2024: $501.5MWSE FY2026: $550.3MWSE FY2026: $498.7MFY23FY24FY25FY26
BAER $4.1MWSE $498.7M
Net margin
BAER FY2023: -90.8%BAER FY2023: -116.0%BAER FY2024: -15.8%BAER FY2025: 3.4%WSE FY2024: 28.2%WSE FY2026: 26.2%WSE FY2026: 19.9%FY23FY24FY25FY26
BAER 3.4%WSE 19.9%
Revenue growth
BAER FY2023: +43.8%BAER FY2024: +47.8%BAER FY2025: +24.6%WSE FY2026: +18.2%WSE FY2026: +19.2%FY23FY24FY25FY26
BAER +24.6%WSE +19.2%
Free cash flow
BAER FY2023: -$35.5MBAER FY2023: -$47.5MBAER FY2024: $5.3MBAER FY2025: -$64.2MWSE FY2024: $4.1BWSE FY2026: $5.7BWSE FY2026: $7.5BFY23FY24FY25FY26
BAER -$64.2MWSE $7.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about Bridger Aerospace and Wise

Which is bigger by revenue, Bridger Aerospace or Wise?

Wise is bigger by revenue: $2.5B in fiscal 2026, against $122.8M for Bridger Aerospace in fiscal 2025.

Which keeps more of its revenue as profit, Bridger Aerospace or Wise?

Bridger Aerospace had a net margin of 3.4% in fiscal 2025; Wise had 19.9% in fiscal 2026.

Which grew revenue faster, Bridger Aerospace or Wise?

In their latest fiscal years revenue changed by +24.6% at Bridger Aerospace and +19.2% at Wise.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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