Strong Financial Performance in Q3 2025
Bristow Group reported another quarter of strong financial performance with adjusted EBITDA of $67.1 million, reflecting an increase of $6.4 million on a consolidated sequential basis.
Positive Long-term Outlook for Offshore Energy Services
Bristow has a positive outlook for offshore energy services activity, with deepwater projects favorably positioned and expected to receive an increasing share of upstream capital investment.
Government Services Business Growth
2026 is expected to be an inflection point for Bristow's Government Services business with adjusted operating income nearly doubling year-over-year.
Projected Growth in 2026
Bristow's 2026 adjusted EBITDA guidance represents a 27% increase over 2025, indicating robust growth expectations for the business.
Increased Revenues from Government and Other Services Segments
Total revenues increased by $9.9 million, driven by Government Services and Other Services segments.
Positive Outlook for Brazilian and African Markets
Brazil and Africa have the best growth prospects with net aircraft inflows, indicating strong market demand.
Strong Cash Position
Unrestricted cash balance of approximately $246 million and total available liquidity of $313 million.