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Bridger Aerospace Group Holdings, Inc. Common Stock(BAER)Earnings, Financials & Key Ratios
BAER•NASDAQ
$1.95
Price updated Jul 7, 2026
AboutBridger Aerospace Group Holdings, LLC offers aerial wildfire management and firefighting services for the U.S. State Governments. The company was founded in 2014 and is based in Belgrade, Montana.Show more
- Revenue$123M+24.6%
- EBITDA$31M+35.6%
- Net Income$4M+126.6%
- EPS (Diluted)-0.42+48.1%
- Gross Margin42.08%+0.9%
- EBITDA Margin25.13%+8.9%
- Operating Margin12.54%+132.5%
- Net Margin3.37%+121.4%
- ROE7.01%+118.1%
BAER Price & Volume
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) stock price & volume — 10-year historical chart
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Extreme Seasonal Volatility Masks Structural Liquidity Risks
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Strained
Cash Flow:Burning
Primary Risk:Extreme Seasonal Revenue Concentration
Key Thesis Takeaways
- Bridger Aerospace operates a highly specialized, asset-heavy business model that is fundamentally tethered to the North American wildfire season, resulting in extreme quarterly revenue variance and inconsistent profitability.
- While the company demonstrates significant operating leverage during peak periods, such as the 57.5% operating margin achieved in 2025Q3, the inability to scale fixed overhead during off-peak quarters creates persistent cash burn and balance sheet strain.
- Investors should monitor the company's ability to manage its $252.1 million debt load and capital expenditure requirements, which currently threaten long-term solvency given the recent decline in the current ratio to 0.90.
Verdict Logic
the company's extreme seasonal cash burn and a deteriorating current ratio of 0.90 in 2026Q1 suggest significant liquidity risks that outweigh the potential for intermittent, high-margin operational quarters.
BAER Growth Metrics
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years55.72%
3 Years38.35%
TTM6.39%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-5.52%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM11.39%
Return on Capital
10 Years-5.2%
5 Years-4.86%
3 Years-4.78%
Last Year5.3%
BAER Recent Earnings
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (33%)●Beat Revenue 5/12 qtrs (56%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.69-86.5%
$0.37
Rev
$9M-50.6%
$17M
Q2 2026
Mar 5, 2026Metric
Actual
Est
EPS
$0.40-33.3%
$0.30
Rev
$9M+31.5%
$7M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.37+15.6%
$0.32
Rev
$68M+40.3%
$48M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.12+57.1%
$0.28
Rev
$31M-36.5%
$48M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.69vs $0.37-86.5% | $9Mvs $17M-50.6% |
| Q2 2026 | Mar 5, 2026 | $0.40vs $0.30-33.3% | $9Mvs $7M+31.5% |
| Q4 2025 | Nov 6, 2025 | $0.37vs $0.32+15.6% | $68Mvs $48M+40.3% |
| Q3 2025 | Aug 7, 2025 | $0.12vs $0.28+57.1% | $31Mvs $48M-36.5% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Bridger Aerospace Group Holdings, Inc. Common Stock (BAER)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.95 | $109.05M | -4.64 | 24.56% | 3.37% | 7.01% | — | |
| $9.30 | $104.91M | 25.14 | 30.75% | 17.66% | 8.33% | — | |
| $9.23 | $995.42M | -15.38 | 459.81% | -189.21% | -34.19% | — | |
| $8.12 | $7.98B | -7.19 | 39183.09% | -1232.62% | -74.18% | — | |
| $4.93 | $3.74B | -4.98 | — | -39078.95% | -38.99% | — | |
| $1.79 | $183.2M | -2.39 | — | — | — | — |
Compare BAER vs Peers
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BAER SEC Filings & Documents
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) SEC filings — annual & quarterly reports (10-K, 10-Q)
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BAER Frequently Asked Questions
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Bridger Aerospace Group Holdings, Inc. Common Stock's revenue?
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) reported $115.7M in revenue for fiscal year 2025. This represents a 763% increase from $13.4M in 2020.
How fast is Bridger Aerospace Group Holdings, Inc. Common Stock growing?
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) grew revenue by 24.6% over the past year. This is strong growth.
Is BAER profitable?
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) reported a net loss of $11.6M for fiscal year 2025.
Dividend & Returns
What is BAER's return on equity?
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) has a return on equity (ROE) of 7.0%. This is below average, suggesting room for improvement.
What is Bridger Aerospace Group Holdings, Inc. Common Stock's free cash flow?
Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) had negative free cash flow of $70.1M in fiscal year 2025, likely due to heavy capital investments.