Bridger Aerospace Group Holdings, Inc. BAER

FY2025 · ended Dec 31, 2025 · Revenue $122.83M, +24.6% YoY · Filed Mar 6, 2026

Bridger Aerospace Group Holdings, Inc. (BAER) files with the SEC under industry code 7389, Services-Business Services, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $122.8 million and net income of $4.1 million. Free cash flow was -$64.2 million. As of Jun 30, 2026 it held $7.2 million in cash and investments and $268.0 million in total debt.

Revenue (TTM)
$115.44M
-8.7% vs year-ago TTM
Net income (TTM)
$-12.43M
-1605.3% vs year-ago TTM
Operating cash flow (TTM)
$-3.88M
-120.7% vs year-ago TTM
Free cash flow (TTM)
$-89.04M
-822.4% vs year-ago TTM
EPS (TTM)
$-0.73
-45.5% vs year-ago TTM
Dividend per share
None
Shares outstanding
55.92M
+3.1% vs prior year
Net cash
$-260.77M
as of Jun 30, 2026
Operating margin
5.4%
FY 2024

Company profile

Industry
Services-Business Services, NEC (SIC 7389)
Listed as
BAER (Nasdaq), BAERW (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Belgrade, MT
SEC filer status
, Emerging growth company
SEC CIK
1941536
Former names
Wildfire New PubCo, Inc. (until Jan 25, 2023)

Other Services-Business Services, NEC companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
Revenue
$122.8M
$98.6M
$66.7M
Operating income
—
$5.3M
-$57.5M
Net income
$4.1M
-$15.6M
-$77.4M
Diluted EPS
-$0.42
-$0.81
-$1.00
Operating cash flow
$16.7M
$9.4M
-$26.8M
Free cash flow
-$64.2M
$5.3M
-$47.5M
Total assets
$330.3M
$290.8M
$273.5M
Total liabilities
$265.6M
$237.3M
$246.5M
Stockholders' equity
-$342.6M
-$326.7M
-$327.9M
Cash and investments
$31.4M
$39.3M
$23.0M
Total debt
$254.1M
$216.4M
$219.4M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Listing notice
Oct 30, 2026 Oct 28, 2026
8-K Current report
Material agreement, Regulation FD disclosure
Oct 27, 2026 Oct 22, 2026
8-K Current report
Officer or director change
Sep 21, 2026 Sep 18, 2026
10-Q Quarterly report Aug 6, 2026 Jun 30, 2026
8-K Current report
Results of operations
Aug 6, 2026 Aug 6, 2026
8-K Current report
Regulation FD disclosure
Jul 27, 2026 Jul 27, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.