Stocks · Industrials · Services-Business Services, NEC

Bridger Aerospace Group Holdings, Inc.

BAER Clue Score53
United States Fiscal year ends December CIK 0001941536
$0.61 -1.40% Close, 9 Oct 2026
Price $0.61 −93.79% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 17 Mar 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue46.4Operating income−22.6Net income−42.1EPS, diluted−8.20Fiscal year 2023Revenue66.7 +43.8%Operating income−57.5Net income−77.4EPS, diluted−1.00Fiscal year 2024Revenue98.6 +47.8%Operating income5.3Net income−15.6EPS, diluted−0.81Fiscal year 2025Revenue122.8 +24.6%Net income4.1EPS, diluted−0.42
FY2022FY2023FY2024FY2025
Revenue 46.4 66.7 98.6 122.8
Growth +43.8% +47.8% +24.6%
Operating income −22.6 −57.5 5.3 n/a
Net income −42.1 −77.4 −15.6 4.1
Growth
EPS, diluted −8.20 −1.00 −0.81 −0.42

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin27.0%Operating margin−48.8%Net margin−90.8%Free cash flow margin−76.5%Fiscal year 2023Gross margin38.0%Operating margin−86.2%Net margin−116.0%Free cash flow margin−71.3%Fiscal year 2024Gross margin41.7%Operating margin5.4%Net margin−15.8%Free cash flow margin5.3%Fiscal year 2025Gross margin42.1%Net margin3.4%Free cash flow margin−52.3%
FY2022FY2023FY2024FY2025
Gross margin 27.0% 38.0% 41.7% 42.1%
Operating margin −48.8% −86.2% 5.4% n/a
Net margin −90.8% −116.0% −15.8% 3.4%
Free cash flow margin −76.5% −71.3% 5.3% −52.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−9.9Capital expenditure−25.6Free cash flow−35.5Fiscal year 2023Operating cash flow−26.8Capital expenditure−20.7Free cash flow−47.5Fiscal year 2024Operating cash flow9.4Capital expenditure−4.1Free cash flow5.3Fiscal year 2025Operating cash flow16.7Capital expenditure−80.9Free cash flow−64.2 −1,318.2%
FY2022FY2023FY2024FY2025
Operating cash flow −9.9 −26.8 9.4 16.7
Capital expenditure −25.6 −20.7 −4.1 −80.9
Free cash flow −35.5 −47.5 5.3 −64.2
Growth −1,318.2%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2022Cash30.2Total debt207.9Net cash (debt)−177.8Shareholders’ equity−413.6Fiscal year 2023Cash23.0Total debt206.7Net cash (debt)−183.7Shareholders’ equity−327.9Fiscal year 2024Cash39.3Total debt204.6Net cash (debt)−165.3Shareholders’ equity−326.7Fiscal year 2025Cash31.4Total debt213.3Net cash (debt)−181.9Shareholders’ equity−342.6
FY2022FY2023FY2024FY2025
Cash 30.2 23.0 39.3 31.4
Total debt 207.9 206.7 204.6 213.3
Net cash (debt) −177.8 −183.7 −165.3 −181.9
Shareholders’ equity −413.6 −327.9 −326.7 −342.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
27.0% 38.0% 41.7% 42.1%
−48.8% −86.2% 5.4% n/a
−90.8% −116.4% −16.6% 3.2%
−90.8% −116.0% −15.8% 3.4%
−76.5% −71.3% 5.3% −52.3%
Spending
75.7% 124.2% 36.3% 29.5%
55.1% 31.1% 4.1% 65.9%
n/a n/a n/a −5.5%
Returns
−13.8% −28.3% −5.4% 1.3%
Balance and payout
75.4% 90.2% 81.6% 80.4%