Bristow Group Inc (VTOL)
NYSE:VTOL
Want to see VTOL full AI Analyst Report?
Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.01Last Year’s EPS
1.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a generally positive outlook: management affirmed full-year guidance with an anticipated ~25% adjusted EBITDA increase, highlighted meaningful tailwinds from defense spending, energy security and advanced air mobility initiatives, reported improved sequential revenues, and executed a favorable refinancing that strengthened liquidity. Near-term headwinds include a small sequential decline in adjusted EBITDA, higher operating costs (repairs, leases, G&A), additional noncash depreciation (~$6.4M in Q1, ~$24M expected through transition) tied to early S-76 retirements, and a Q1 operating cash outflow driven by receivable timing. Overall, positives (guidance affirmation, refinancing, liquidity, contract resets, government segment strength, safety) outweigh the listed near-term operational and cost challenges.Company Guidance
Safety Track Record
Zero air accidents in Q1 2026, reaffirming safety as the company's top operational priority.
Affirmed 2026 Financial Guidance with Strong EBITDA Growth
Company affirmed 2026 guidance of $1.6B–$1.7B in total revenues and $295M–$325M in adjusted EBITDA, which reflects adjusted EBITDA growth of approximately 25% year-over-year.
Sequential Revenue Improvement
Total revenues in Q1 were $11.4M higher versus Q4 2025 driven by increases in Government Services and OES markets (OES revenues +$6.9M; Government Services revenues +$7.8M).
Government Services Expansion and Profitability Jump
Government Services revenues rose $7.8M sequentially and adjusted operating income was $1.9M higher in Q1; 2026 guidance for Government Services revenues is $440M–$460M with adjusted operating income guidance $70M–$80M (roughly double 2025).
OES Market Strength and Contract Resets
OES revenues were $6.9M higher sequentially driven by higher rates and utilization in the U.S., Trinidad and Africa; management expects essentially all legacy OES contracts to reset by year-end, with full benefits continuing into 2027.
Improved Liquidity and Successful Refinancing
Unrestricted cash of $342M and total available liquidity of ~ $394M as of March 2026. Closed a $500M senior secured notes offering due 2033 at a 6.75% coupon, upsized and at a lower coupon than prior debt, with proceeds used to redeem existing 6.875% notes—extending maturity and improving financing terms.
Capital Allocation and Shareholder Returns
Paid $3.7M in dividends during the quarter and declared an additional dividend of $0.25 per share payable May 29, 2026, signaling ongoing shareholder returns.
Strategic Tailwinds and New Market Initiatives
Management highlighted three durable megatrends—rising defense spending, importance of energy security, and electrification/advanced air mobility—with active initiatives (e.g., international sandbox in Norway) and minimal capital commitment to date in AAM opportunities.
VTOL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VTOL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $48.76 | $43.03 | -11.74% |
Feb 25, 2026 | $46.44 | $47.72 | +2.76% |
Nov 04, 2025 | $41.03 | $38.52 | -6.11% |
Aug 05, 2025 | $34.88 | $37.98 | +8.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bristow Group Inc (VTOL) report earnings?
Bristow Group Inc (VTOL) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Bristow Group Inc (VTOL) earnings time?
Bristow Group Inc (VTOL) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VTOL EPS forecast?
VTOL EPS forecast for the fiscal quarter 2026 (Q2) is 1.01.