Bridger Aerospace Group (NASDAQ:BAER) Announces Earnings Results

Bridger Aerospace Group (NASDAQ:BAER) released its quarterly earnings data on Thursday. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.10), FiscalAI reports. The business had revenue of $30.49 million during the quarter, compared to analysts’ expectations of $37.04 million. Bridger Aerospace Group had a negative return on equity of 1.21% and a negative net margin of 10.77%.

Here are the key takeaways from Bridger Aerospace Group’s conference call:

• Longer U.S. Forest Service task orders covering four Super Scoopers provide 160 guaranteed days, improving fleet utilization, staffing, maintenance planning, and revenue visibility into the fourth quarter.
• Bridger announced a $58 million, three-year Texas A&M contract to acquire and modify three King Air 360 multi-mission aircraft, expanding the company into engineering, aircraft modification, and integrated intelligence services.
• Second-quarter revenue was essentially flat at $30.5 million, while Adjusted EBITDA fell to $8.1 million from $10.8 million, the company posted a $0.5 million net loss, and cash declined to $7.2 million from $31.4 million at year-end 2025.
• Management reiterated 2026 revenue guidance of $135 million-$145 million and Adjusted EBITDA guidance of $55 million-$60 million, citing strong wildfire activity, increased fleet utilization, and expected cash-flow improvement as receivables are collected.
• European commitments for two Super Scoopers began later than expected under the Portugal arrangement; Bridger plans to move the aircraft to the U.S. after the European fire season if stronger long-term European contracts do not materialize.

Bridger Aerospace Group Trading Down 25.4%

Shares of BAER stock traded down $0.43 during midday trading on Friday, reaching $1.26. 4,172,991 shares of the stock were exchanged, compared to its average volume of 832,194. Bridger Aerospace Group has a 1 year low of $1.12 and a 1 year high of $3.44. The company’s 50 day moving average is $1.88 and its two-hundred day moving average is $2.13. The firm has a market cap of $70.46 million, a PE ratio of -1.48 and a beta of 0.35.

Trending Headlines about Bridger Aerospace Group

Here are the key news stories impacting Bridger Aerospace Group this week:

• Positive Sentiment: Management maintained full-year 2026 revenue guidance of $135 million to $145 million, broadly in line with the roughly $138.3 million analyst consensus. The company also reported a significant improvement in quarterly operating profit to $16.6 million, which may support the longer-term turnaround case. Bridger Aerospace Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Bridger Aerospace reported second-quarter revenue of approximately $30.5 million, a modest year-over-year decline. Gross profit was $11.3 million, and the company continues to benefit from government wildfire-management contracts, but the seasonal and contract-driven nature of the business creates variability in quarterly results. Bridger Aerospace Reports Second Quarter 2026 Results
• Negative Sentiment: Second-quarter adjusted performance fell short of expectations: BAER posted a loss of $0.13 per share versus a consensus loss of approximately $0.01 to $0.03, while revenue of $30.5 million missed estimates near $37 million. The net loss attributable to common shareholders was $7.6 million, compared with a smaller loss a year earlier. Bridger Aerospace Q2 Loss and Revenue Miss
• Negative Sentiment: Liquidity and balance-sheet concerns remain: operating activities used $15.7 million of cash during the quarter, cash and equivalents stood at $7.2 million, and total liabilities increased to $289.8 million. These figures heighten investor concerns about financing needs and financial flexibility. BAER Stock Falls on Q2 Earnings
• Negative Sentiment: Blackstone II sold 1.9 million BAER shares for approximately $3.23 million, reducing its reported ownership by about 97%. The sizable insider/major-holder disposition may be interpreted as a lack of confidence and contributed to selling pressure. Blackstone II Sells BAER Stock

Analyst Ratings Changes

A number of equities analysts recently commented on BAER shares. Weiss Ratings downgraded Bridger Aerospace Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, July 28th. Wall Street Zen downgraded shares of Bridger Aerospace Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 16th. Lake Street Capital restated a “buy” rating and issued a $4.00 price objective on shares of Bridger Aerospace Group in a report on Friday. Finally, Canaccord Genuity Group set a $4.50 target price on shares of Bridger Aerospace Group in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $3.95.

Insider Activity at Bridger Aerospace Group

In other news, major shareholder Holdings L.P. Blackstone II sold 1,900,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $1.70, for a total value of $3,230,000.00. Following the completion of the transaction, the insider owned 58,205 shares in the company, valued at $98,948.50. This trade represents a 97.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.36% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Bridger Aerospace Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Squarepoint Ops LLC increased its stake in shares of Bridger Aerospace Group by 30.6% in the 4th quarter. Squarepoint Ops LLC now owns 181,860 shares of the company’s stock worth $333,000 after acquiring an additional 42,613 shares in the last quarter. State Street Corp lifted its position in Bridger Aerospace Group by 32.1% during the 4th quarter. State Street Corp now owns 101,280 shares of the company’s stock valued at $185,000 after acquiring an additional 24,600 shares during the period. Jane Street Group LLC bought a new stake in Bridger Aerospace Group during the fourth quarter worth about $84,000. Goldman Sachs Group Inc. grew its holdings in Bridger Aerospace Group by 50.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 332,042 shares of the company’s stock worth $608,000 after purchasing an additional 110,788 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Bridger Aerospace Group by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 284,601 shares of the company’s stock worth $521,000 after purchasing an additional 5,959 shares during the period. Hedge funds and other institutional investors own 48.94% of the company’s stock.

About Bridger Aerospace Group

Bridger Aerospace Group, Inc operates as an aerial services company specializing in wildfire management and aviation support. The company’s core business activities include aerial wildfire suppression, providing rapid-response water and fire-retardant drops from fixed-wing air tankers. In addition to firefighting, Bridger Aerospace offers aviation services such as cloud seeding for weather modification, aerial inspection and mapping, environmental monitoring, and logistics support for remote sites.

Founded in 2014 and headquartered in Heber City, Utah, Bridger Aerospace Group deploys a fleet of both fixed-wing and rotary-wing aircraft under contract to federal, state and local government agencies as well as commercial customers.