# Bridger Aerospace Group Holdings, Inc.: overview

BAER · Nasdaq · CIK 1941536 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/baer.md) · [Financials](/companies/baer/financials.md) · [Filings](/companies/baer/filings.md) · [Insiders](/companies/baer/insiders.md)

Latest reported revenue: [$30.5m](/filings/0001941536-26-000025.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001941536-26-000025).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [64.5](/filings/0001941536-25-000011.md) | [15.6 d](/filings/0001941536-26-000005.md) | [15.6](/filings/0001941536-26-000010.md) | [30.8](/filings/0001941536-26-000025.md) | [67.9](/filings/0001941536-25-000011.md) | [8.5 d](/filings/0001941536-26-000005.md) | [8.5](/filings/0001941536-26-000010.md) | [30.5](/filings/0001941536-26-000025.md) |
| Gross margin | % | [64.3%](/filings/0001941536-25-000011.md) | [1.2% d](/filings/0001941536-26-000005.md) | [(10.0%)](/filings/0001941536-26-000010.md) | [39.2%](/filings/0001941536-26-000025.md) | [68.9%](/filings/0001941536-25-000011.md) | [(65.1%) d](/filings/0001941536-26-000005.md) | [(100.3%)](/filings/0001941536-26-000010.md) | [37.1%](/filings/0001941536-26-000025.md) |
| Operating margin | % | [50.9%](/filings/0001941536-25-000011.md) | [(48.0%) d](/filings/0001628280-25-012821.md) | [(64.9%)](/filings/0001628280-25-024290.md) | [18.0%](/filings/0001941536-25-000006.md) | [57.5%](/filings/0001941536-25-000011.md) | not reported | not reported | not reported |
| Net margin | % | [42.4%](/filings/0001941536-25-000011.md) | [(82.4%) d](/filings/0001941536-26-000005.md) | [(99.3%)](/filings/0001941536-26-000025.md) | [1.0%](/filings/0001941536-26-000025.md) | [50.8%](/filings/0001941536-25-000011.md) | [(177.2%) d](/filings/0001941536-26-000005.md) | [(367.8%)](/filings/0001941536-26-000025.md) | [(1.6%)](/filings/0001941536-26-000025.md) |
| Diluted EPS | $ per share | [0.31](/filings/0001941536-25-000011.md) | not reported | [(0.41)](/filings/0001941536-26-000010.md) | [(0.12)](/filings/0001941536-26-000025.md) | [0.37](/filings/0001941536-25-000011.md) | not reported | [(0.69)](/filings/0001941536-26-000010.md) | [(0.13)](/filings/0001941536-26-000025.md) |
| Free cash flow | $m | [(1.0) d](/filings/0001628280-24-047665.md) | [11.2 d](/filings/0001941536-26-000005.md) | [(21.0)](/filings/0001941536-26-000010.md) | [0.5 d](/filings/0001941536-26-000025.md) | [34.6 d](/filings/0001941536-25-000011.md) | [(78.4) d](/filings/0001941536-26-000005.md) | [(26.8)](/filings/0001941536-26-000010.md) | [(18.5) d](/filings/0001941536-26-000025.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $m | [46.4](/filings/0001628280-24-031786.md) | [66.7](/filings/0001628280-25-012821.md) | [98.6](/filings/0001941536-26-000005.md) | [123](/filings/0001941536-26-000005.md) |
| Gross margin | % | [27.0%](/filings/0001628280-24-031786.md) | [38.0%](/filings/0001628280-25-012821.md) | [41.7%](/filings/0001941536-26-000005.md) | [42.1%](/filings/0001941536-26-000005.md) |
| Operating margin | % | [(48.8%)](/filings/0001628280-24-031786.md) | [(86.2%)](/filings/0001628280-25-012821.md) | [5.4%](/filings/0001628280-25-012821.md) | not reported |
| Net margin | % | [(90.8%)](/filings/0001628280-24-031786.md) | [(116.0%)](/filings/0001628280-25-012821.md) | [(15.8%)](/filings/0001941536-26-000005.md) | [3.4%](/filings/0001941536-26-000005.md) |
| Diluted EPS | $ per share | [(8.20)](/filings/0001628280-24-031786.md) | [(1.00)](/filings/0001628280-25-012821.md) | [(0.81)](/filings/0001941536-26-000005.md) | [(0.42)](/filings/0001941536-26-000005.md) |
| Free cash flow | $m | [(35.5)](/filings/0001628280-24-031786.md) | [(47.5)](/filings/0001628280-25-012821.md) | [5.3](/filings/0001941536-26-000005.md) | [(64.2)](/filings/0001941536-26-000005.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/baer/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-08-11 | [Blackstone Holdings II L.P.](/insiders/1484870.md) | 10% owner | Sale (S) | 20,933 | $1.0405 | $21.8k | [Form 4](/filings/0001193125-26-349583.md) |
| 2026-08-11 | [Blackstone Holdings II L.P.](/insiders/1484870.md) | 10% owner | Sale (S) | 46,817 | $1.0405 | $48.7k | [Form 4](/filings/0001193125-26-349583.md) |
| 2026-08-11 | [Blackstone Holdings II L.P.](/insiders/1484870.md) | 10% owner | Sale (S) | 2,710,374 | $1.0405 | $2.8m | [Form 4](/filings/0001193125-26-349583.md) |
| 2026-08-04 | [Blackstone Holdings II L.P.](/insiders/1484870.md) | 10% owner | Sale (S) | 14,316 | $1.70 | $24.3k | [Form 4](/filings/0001193125-26-338213.md) |
| 2026-08-04 | [Blackstone Holdings II L.P.](/insiders/1484870.md) | 10% owner | Sale (S) | 32,019 | $1.70 | $54.4k | [Form 4](/filings/0001193125-26-338213.md) |
| 2026-08-04 | [Blackstone Holdings II L.P.](/insiders/1484870.md) | 10% owner | Sale (S) | 1,853,665 | $1.70 | $3.2m | [Form 4](/filings/0001193125-26-338213.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Blackstone Inc.](/funds/1393818.md) | 2026-06-30 | $18.5m | 9,624,610 |  | Unchanged |
| [FIRST MANHATTAN CO. LLC.](/funds/728083.md) | 2026-06-30 | $11.6m | 6,020,430 |  | Added +256,875 |
| [Cerity Partners LLC](/funds/1566475.md) | 2026-06-30 | $4.7m | 2,445,657 |  | Added +2,230,299 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.3m | 1,219,770 |  | Added +60,252 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $1.7m | 868,374 |  | Reduced −153,150 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $626.8k | 326,305 |  | Reduced −5,090 |
| [LMR Partners LLP](/funds/1578621.md) | 2026-06-30 | $622.7k | 2,223,836 |  | Reduced −28,862 |
| [Mill Creek Capital Advisors, LLC](/funds/1964962.md) | 2026-03-31 | $586.5k | 296,192 |  | Not compared |
| [Pathstone Holdings, LLC](/funds/2011612.md) | 2026-06-30 | $568.7k | 296,192 |  | New +296,192 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $559.6k | 291,470 |  | Added +52,510 |

## Recent filings

[All 303 filings](/companies/baer/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 16:11 ET | [8-K](/filings/0001941536-26-000034.md) | 3.01 Delisting notice | 0001941536-26-000034 |
| 2026-10-27 | 09:07 ET | [8-K](/filings/0001941536-26-000031.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001941536-26-000031 |
| 2026-09-21 | 16:06 ET | [8-K](/filings/0001941536-26-000028.md) | 5.02 Departure or appointment of officers or directors | 0001941536-26-000028 |
| 2026-08-06 | 16:29 ET | [10-Q](/filings/0001941536-26-000025.md) | Quarterly report, period 2026-06-30 | 0001941536-26-000025 |
| 2026-08-06 | 16:20 ET | [8-K](/filings/0001941536-26-000023.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001941536-26-000023 |
| 2026-07-27 | 09:20 ET | [8-K](/filings/0001941536-26-000017.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001941536-26-000017 |
| 2026-06-05 | 16:05 ET | [8-K](/filings/0001941536-26-000014.md) | 5.07 Shareholder vote results | 0001941536-26-000014 |
| 2026-05-12 | 16:30 ET | [8-K](/filings/0001193125-26-219605.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-219605 |
| 2026-05-08 | 16:05 ET | [10-Q](/filings/0001941536-26-000010.md) | Quarterly report, period 2026-03-31 | 0001941536-26-000010 |
| 2026-04-28 | 16:55 ET | [DEF 14A](/filings/0001140361-26-017494.md) | Proxy statement, period 2026-06-04 | 0001140361-26-017494 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001941536-26-000005.md), filed Mar 6, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/8638c0ec-c5a2-46a9-b4c6-4de9b77caf8e)

## About the filer

- CIK: 1941536
- Tickers: BAER, BAERW
- Exchange: Nasdaq
- SIC code: 7389 Services-Business Services, NEC
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:19 ET. No prices; not investment advice.