Financial Performance - Total revenues for Q2 2025 were $376 million, compared to $351 million in Q1 2025[19] - Adjusted EBITDA for Q2 2025 was $61 million, compared to $58 million in Q1 2025[20] - Offshore Energy Services revenues increased by $13 million from Q1 2025 to Q2 2025, reaching $253 million[26, 28] - Government Services revenues increased by $66 million from Q1 2025 to Q2 2025, reaching $93 million[31] - Other Services revenues increased by $63 million from Q1 2025 to Q2 2025, reaching $31 million[36] Outlook - The company raised its 2025 total revenue outlook to $1460 - $1560 million[40] - The company raised its 2026 total revenue outlook to $1620 - $1740 million[40] - The company raised its 2025 Adjusted EBITDA outlook to $240 - $260 million[40] - The company raised its 2026 Adjusted EBITDA outlook to $300 - $335 million[40] Capital Allocation - The company made $153 million of accelerated principal payments on its UKSAR Debt facility[21, 51] - The company repurchased 119841 shares of common stock for $39 million at an average cost of $3241 per share[21, 51]
Bristow(VTOL) - 2025 Q2 - Earnings Call Presentation