Bridger Aerospace Group Holdings, Inc.
BAER- Exchange
- Nasdaq
- Industry
- Services-Business Services, NEC
- SEC CIK
- 0001941536
In the last 90 days, Bridger Aerospace Group Holdings, Inc. insiders filed 2 open-market purchases and 1 sale; 60 institutions reported holding it in 13F filings for Q2 2026, worth $44.4M in total; no superinvestor holds it.
Other share classesBAERW
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 3:04 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Filing | 10-K | 10-K | 10-K/A |
| Reported | Mar 5, 2026 | Mar 13, 2025 | Feb 6, 2024 |
| Revenue | $122.8M | $98.6M | $66.7M |
| Cost of revenue | $71.1M | $57.5M | $41.3M |
| Gross profit | $51.7M | $41.1M | $25.4M |
| Selling, general and administrative | $36.3M | $35.8M | $82.9M |
| Operating income | – | $5.32M | -$57.5M |
| Interest expense | – | – | $23.2M |
| Income tax | -$215.0K | -$762.0K | -$302.0K |
| Net income | $4.14M | -$15.6M | -$77.4M |
| EPS, basic | $-0.42 | $-0.81 | $0.19 |
| EPS, diluted | $-0.42 | $-0.81 | $-1.00 |
| Weighted shares, basic | 54.3M | 50.5M | 45.3M |
| Weighted shares, diluted | 54.3M | 50.5M | 77.5M |
| Margins and growth | |||
| Gross margin | 42.1% | 41.7% | 38.0% |
| Operating margin | – | 5.4% | -86.2% |
| Net margin | 3.4% | -15.8% | -116.0% |
| Revenue growth, year over year | +24.6% | +47.8% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025! | FY2024! | FY2023! |
|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Filing | 10-K | 10-K | 10-K/A |
| Reported | Mar 5, 2026 | Mar 13, 2025 | Feb 6, 2024 |
| Cash and equivalents | $31.4M | $39.3M | $23.0M |
| Total current assets | $40.2M | $63.8M | $45.2M |
| Goodwill | $20.9M | $20.7M | $13.2M |
| Intangible assets | $6.02M | $6.08M | $1.73M |
| Total assets | $330.3M | $290.8M | $273.5M |
| Accounts payable | $3.42M | $5.33M | $3.98M |
| Short-term debt | $926.0K | $2.17M | $2.10M |
| Total current liabilities | $16.5M | $23.4M | $25.4M |
| Long-term debt | $212.4M | $202.5M | $204.6M |
| Total liabilities | $265.6M | $237.3M | $246.5M |
| Shareholders' equity | -$342.6M | -$326.7M | -$327.9M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Filing | 10-K | 10-K | 10-K/A |
| Reported | Mar 5, 2026 | Mar 13, 2025 | Feb 6, 2024 |
| Operating cash flow | $16.7M | $9.36M | -$26.8M |
| Capital expenditures | $80.9M | $4.08M | $20.7M |
| Free cash flow | -$64.2M | $5.27M | -$47.5M |
| Depreciation and amortization | $15.5M | $17.5M | $11.1M |
| Stock-based compensation | $7.10M | $16.2M | $47.8M |
| Investing cash flow | -$34.4M | $2.06M | $27.2M |
| Financing cash flow | -$4.32M | $4.67M | -$5.83M |
| Net change in cash | -$21.7M | $16.1M | -$5.52M |
| Ratio | |||
| Stock-based compensation, % of revenue | 5.8% | 16.4% | 71.6% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Aug 3, 2026 | 58.8M | +5.9% | SEC |
| May 4, 2026 | 57.6M | +5.3% | SEC |
| Mar 3, 2026 | 55.9M | +3.1% | SEC |
| Nov 3, 2025 | 55.5M | +2.8% | SEC |
| Aug 4, 2025 | 55.5M | +4.4% | SEC |
| May 5, 2025 | 54.7M | +2.9% | SEC |
| Mar 10, 2025 | 54.2M | +2.0% | SEC |
| Nov 8, 2024 | 54.0M | +20.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.