Shares of Bridger Aerospace Group Holdings, Inc. (BAER) have lost 10.9% since the company reported its earnings for the quarter ended June 30, 2025. This compares unfavorably to the S&P 500 Index’s 0.5% gain over the same period. Over the past month, BAER has slipped 2.2%, while the broader market rose 2.1%.BAER’s Financial Performance SnapshotBridger Aerospace delivered its strongest second quarter in company history, with revenue climbing 136.3% year over year to $30.8 million from $13 million. Net income ...

Bridger Aerospace Group (BAER) FY Conference August 12, 2025 09:00 AM ET Speaker0Right. Hi, everyone. My name is Austin Moeller. I'm the aerospace and defense analyst here at Canaccord Genuity. And today, we are joined by Sam Davis and Eric Garrett, CEO and CFO of Bridger Aerospace.So I guess, did you just want to go through a slide first and give a brief intro on the company for those that aren't familiar?Speaker1Would love to do that real quick. And I'll keep it brief, but up on the screen you can see an ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ___________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from___________to___________ Commission file number: 001-41603 ___________________________ BRIDGER AEROSPACE GROUP HOLDINGS, INC. ...

Financial Data and Key Metrics Changes - Revenue for Q2 2025 reached a record $30,800,000, up 136% from $13,000,000 in Q2 2024 [22] - Positive net income of $300,000 reported, compared to a net loss of $10,000,000 in the previous year, marking the first positive net income in Q2 [7][24] - Adjusted EBITDA for Q2 2025 was $10,800,000, compared to $200,000 in Q2 2024 [25] - Total cash and cash equivalents at the end of Q2 2025 were $17,000,000, down from $39,300,000 in Q2 2024 [27] Business Line Data and Key Metrics Changes - FMS contributed $400,000 in revenue during Q2 2025, with optimism for year-round revenue growth despite delays due to federal budgeting [11][12] - Revenue from ongoing operations more than doubled to $25,700,000 compared to $11,200,000 in Q2 2024 [22] Market Data and Key Metrics Changes - Year-to-date wildfires have been above average in count with approximately 40,000 fires, but below average in acreage burned at just over 3,000,000 acres [10] - The company secured two separate 120-day task orders for its Super Scoopers, indicating strong adoption of its firefighting assets [8][9] Company Strategy and Development Direction - The company is focused on year-round demand and maximizing fleet utilization, with a strategy to enhance operational effectiveness through new technologies [10][12] - Plans to develop a new water scooping firefighting aircraft, the FF72, with the first delivery scheduled for 2029 [13] - The company is pursuing exclusive use contracts with states to provide firefighting assets, anticipating increased demand due to year-round wildfire threats [20] Management's Comments on Operating Environment and Future Outlook - Management highlighted the significance of the President's executive order to restructure the national wildland firefighting system, which is expected to enhance efficiency and effectiveness in wildfire management [17][18] - The company is optimistic about future growth driven by federal and state initiatives aimed at improving wildfire response and management [20][30] Other Important Information - The company plans to use proceeds from a sale-leaseback transaction of its Bozeman campus facilities to repay outstanding debt, which will lower ongoing interest expenses [27] - Guidance for 2025 anticipates adjusted EBITDA of $42,000,000 to $48,000,000 on revenue of $105,000,000 to $111,000,000, with expectations for continued improvement in cash flow [28] Q&A Session Summary Question: What is the outlook for the company's growth? - The company is trending towards the higher end of its annual guidance due to increased adoption of its aircraft and record task orders [30] Question: Are there any updates on the Spanish Super Scoopers? - The company plans to revisit guidance after reporting third-quarter results, which are expected to represent the bulk of revenue and adjusted EBITDA for the year [28]

Expanded Contracts and Increased Fire Activity Drive Record Revenue and Earnings BELGRADE, Mont., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today reported record results for the second quarter ended June 30, 2025. Second Quarter Highlights: | (in thousands) | For the three months ended | | | | For the six months ended | | | | --- | --- | --- | -- ...

Core Viewpoint - Bridger Aerospace Group Holdings, Inc. is set to release its financial results for Q2 2025 on August 7, 2025, and will participate in the Canaccord Genuity Annual Growth Conference on August 12, 2025, in Boston [1][4]. Financial Results Announcement - The financial results for the second quarter ended June 30, 2025, will be released after market close on August 7, 2025 [1]. - An investor conference call is scheduled for August 7 at 5:00 p.m. Eastern Time to discuss the results and business outlook [2]. Conference Participation - Management will present at the Canaccord Genuity Annual Growth Conference on August 12, 2025, at 9:00 a.m. Eastern Time [4]. - A live and archived webcast of the presentation will be available on the company's Investor Relations website [4]. Company Overview - Bridger Aerospace, based in Belgrade, Montana, is one of the largest aerial firefighting companies in the U.S., providing services to federal and state agencies, including the U.S. Forest Service [5].

Company Overview - Bridger Aerospace Group Holdings, Inc. is the leading U.S. provider of aerial firefighting services, specializing in wildland fire management [1] Industry Insights - The company offers its expertise to various federal agencies, indicating a strong position within the government contracting space [1]

Core Insights - The Executive Order aims to restructure the national wildland firefighting system, emphasizing preparedness and rapid response to wildfires [2][4] - Bridger Aerospace, a leading aerial firefighting company, supports the Executive Order and is prepared to assist federal and state agencies in enhancing wildfire management [2][4] Budget and Funding - The U.S. Department of the Interior's fiscal year 2026 budget for the new U.S. Wildland Fire Service (USWFS) proposes a funding increase to $3.70 billion, a more than three-fold rise compared to previous years [3] - The budget includes a Wildfire Suppression Operations Reserve Fund of $2.85 billion, totaling $6.55 billion for wildfire management [3] Wildfire Management Strategy - The Executive Order establishes a National Wildland Firefighting Task Force to streamline operations and focus on aggressive wildfire suppression [2][4] - The U.S. Forest Service emphasizes the need for direct attack tactics to minimize fire size and containment time, as stated in a recent letter from the Chief of the US Forest Service [3] Current Wildfire Situation - The summer of 2025 is predicted to have above-average wildfire activity, with over 1 million acres burned nationally so far this year, including significant damage in Los Angeles estimated at over $250 billion [4]

Core Viewpoint - Bridger Aerospace Group Holdings, Inc. has signed a Purchase and Sale Agreement for a sale leaseback transaction of its facilities at Bozeman Yellowstone International Airport for at least $46 million, aimed at reducing debt and ongoing cash interest [1][4]. Group 1: Transaction Details - The sale leaseback transaction is expected to close in the third quarter of 2025 and is subject to customary closing conditions [1]. - Concurrently, Bridger will enter into a ten-year lease agreement with SR Aviation Infrastructure for the hangar and office headquarters, allowing continued use for aerial firefighting operations [2]. Group 2: Company Background - Bridger Aerospace is one of the largest aerial firefighting companies in the U.S., providing services to federal and state agencies, including the U.S. Forest Service [5]. - The company is based in Belgrade, Montana, and focuses on wildfire management services both domestically and internationally [5]. Group 3: Strategic Implications - The CEO of Bridger expressed enthusiasm about the agreement, highlighting the opportunity to capitalize on real estate value and reduce the company's debt balance, which is expected to enhance shareholder value [4]. - The transaction reflects Bridger's commitment to the Bozeman area while enabling growth and operational efficiency [4].

Core Insights - Bridger Aerospace has received two separate 120-day task orders from the US Forest Service for its CL-415EAF "Super Scooper" aircraft, marking a significant early procurement in the wildfire season [1][2] - The task orders highlight the effectiveness of Super Scoopers in wildfire response and the Forest Service's strategy to pre-position assets for quicker response times [2] - The company aims to enhance revenue predictability by maintaining its fleet readiness year-round [2] Company Overview - Bridger Aerospace Group Holdings, Inc. is one of the largest aerial firefighting companies in the United States, providing services to federal and state agencies, including the US Forest Service [3] - The company is based in Belgrade, Montana, and operates both domestically and internationally [3]