Bridger Aerospace Group (NASDAQ:BAER) Issues Earnings Results

07 Aug 2026, 22:10 by Amy Steele · The Cerbat Gem

Bridger Aerospace Group (NASDAQ:BAER – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.10), FiscalAI reports. The company had revenue of $30.49 million for the quarter, compared to analyst estimates of $37.04 million. Bridger Aerospace Group had a negative net margin of 10.77% and a negative return on equity of 1.21%.

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 NASDAQ BAER traded down $0.43 during trading on Friday, reaching $1.26. The company had a trading volume of 4,172,991 shares, compared to its average volume of 832,194. Bridger Aerospace Group has a twelve month low of $1.12 and a twelve month high of $3.44. The stock has a 50-day moving average price of $1.88 and a two-hundred day moving average price of $2.13. The stock has a market capitalization of $70.46 million, a PE ratio of -1.48 and a beta of 0.35.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on BAER

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

Insider Activity at Bridger Aerospace Group

In related news, major shareholder Holdings L.P. Blackstone II sold 1,900,000 shares of Bridger Aerospace Group stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $1.70, for a total transaction of $3,230,000.00. Following the completion of the sale, the insider owned 58,205 shares in the company, valued at approximately $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 can be accessed through this hyperlink. 16.36% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bridger Aerospace Group

Hedge funds have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Bridger Aerospace Group during the first quarter worth about $41,000. XTX Topco Ltd purchased a new position in shares of Bridger Aerospace Group during the second quarter valued at approximately $26,000. Jane Street Group LLC acquired a new stake in Bridger Aerospace Group during the second quarter worth approximately $73,000. Bridgeway Capital Management LLC boosted its position in Bridger Aerospace Group by 555.6% during the second quarter. Bridgeway Capital Management LLC now owns 76,700 shares of the company’s stock worth $148,000 after acquiring an additional 65,000 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Bridger Aerospace Group by 7.9% in the 3rd quarter. Vanguard Group Inc. now owns 809,615 shares of the company’s stock worth $1,498,000 after acquiring an additional 59,482 shares during the period. 48.94% of the stock is owned by institutional investors and hedge funds.

Bridger Aerospace Group Company Profile

(Get Free Report)

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.