Bridger Aerospace Group Holdings, Inc. (BAER) Form 8-K — May 12, 2026
Bridger Aerospace reported first quarter 2026 revenue of $8.5 million, a decrease from $15.6 million in the prior year, citing a return to typical seasonal trends after an unusually strong period driven by specific fire events. The company recorded a net loss of $31.3 million, or $0.69 per share, with cash and cash equivalents decreasing to $9.0 million from $31.4 million at year-end 2025 due to seasonal investments and fleet readiness activities. Despite the seasonal decline, the company reaffirmed its full year 2026 guidance, projecting revenue between $135 million and $145 million and Adjusted EBITDA between $55 million and $60 million.
Key figures
- Eps
- -0.69
- Revenue
- 8.5 million
- Guidance
- Revenue of $135 million to $145 million; Adjusted EBITDA of $55 million to $60 million
- Net Income
- -31.3 million
- Total Debt
- 215.9 million
- Cash Position
- 9.0 million
- Adjusted ebitda
- -14.5 million
- Q1 2025 revenue
- 15.6 million
- Alaska contract value
- 18.6 million
Price after filing
Close on the filing date to close N calendar days later (from $1.77). Historical, not a forecast.
AI analysis
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