Bridger Aerospace Reports Record Second Quarter Earnings

Bridger Aerospace Group Holdings, Inc. ( (BAER) ) has released its Q2 earnings. Here is a breakdown of the information Bridger Aerospace Group Holdings, Inc. presented to its investors.

Bridger Aerospace Group Holdings, Inc., based in Belgrade, Montana, is one of the largest aerial firefighting companies in the United States, providing essential wildfire management services to federal and state agencies across the nation and internationally.

In its latest earnings report, Bridger Aerospace announced record-breaking results for the second quarter of 2025, driven by expanded contracts and increased fire activity. The company reported a significant increase in revenue, reaching $30.8 million, more than double the previous year’s second-quarter revenue.

Key financial metrics highlighted include a swing to positive net income of $0.3 million, a substantial improvement from a $10 million loss in the same quarter last year. Adjusted EBITDA also saw a remarkable increase to $10.8 million. The company achieved full deployment of its fleet with historic task orders for its Super Scoopers, ensuring continued operations through October. Additionally, a $46 million sale leaseback deal for its hangar and campus headquarters is set to close in the third quarter, aimed at reducing interest expenses and strengthening the balance sheet.

Looking ahead, Bridger Aerospace is optimistic about meeting the higher end of its 2025 guidance, expecting adjusted EBITDA of $42-$48 million on revenue of $105-$111 million. The company anticipates continued strong fleet utilization and increased cash flow from operating activities, positioning itself for another record year in wildfire response efforts.