# Bridger Aerospace Group Holdings, Inc. (BAER)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $99M  
**Price:** $1.83 (-2.14%)

> Bridger Aerospace Group Holdings, Inc. is an aerial firefighting and aerospace services company that provides wildfire surveillance, suppression, and management services primarily to federal and state government agencies, including the United States Forest Service, across the United States. The company deploys specialized Super Scooper aircraft, such as the Viking CL-415EAF, to rapidly drop large volumes of water directly on wildfires as part of its Fire Suppression offerings. Its Aerial Surveillance segment utilizes manned aircraft for real-time monitoring, infrared imagery, tactical coordination with incident commanders, and support for ground crews through advanced data and communication tools. Bridger Aerospace Group Holdings, Inc. also offers maintenance, repair, and overhaul services, including airframe modifications and integration solutions for government and commercial clients. Headquartered in Belgrade, Montana, at the Bozeman Yellowstone International Airport, the company employs next-generation technology and sustainable firefighting methods to protect lives, property, and habitats threatened by wildfires, addressing a critical need in wildfire management.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $123M | $52M | — | $4M | — |
| 2024 | $99M | $41M | $5M | -$16M | — |
| 2023 | $67M | $25M | -$57M | -$77M | — |
| 2022 | $46M | $13M | -$23M | -$42M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $330M | $266M | -$343M | $31M | $222M |
| 2024 | $291M | $237M | -$327M | $39M | $208M |
| 2023 | $273M | $247M | -$328M | $23M | $211M |
| 2022 | $306M | $231M | -$414M | $30M | $205M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $17M | $81M | -$64M |
| 2024 | $9M | $4M | $5M |
| 2023 | -$27M | $21M | -$48M |
| 2022 | -$10M | $26M | -$36M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BAER)