BAER · XBRL financial data
Bridger Aerospace Group Holdings financial statements, every fiscal year
The same tables from 4 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BAER's year ends in late December)
| In thousands of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Revenue from contracts with customers | 66,708 | 98,613 | 122,830 |
| Cost of revenue | 41,340 | 57,475 | 71,147 |
| Gross profit | 25,368 | 41,138 | 51,683 |
| Selling, general and administrative | 82,863 | 35,820 | 36,283 |
| Operating income (loss) | (57,495) | 5,318 | — |
| Interest expense | 23,218 | 23,714 | — |
| Other income (expense) | 3,053 | 2,067 | 11,788 |
| Income tax expense (benefit) | (302) | (762) | (215) |
| Net income (loss) | (77,358) | (15,567) | 4,140 |
| Earnings per share, basic USD per share | 0.19 | (0.81) | (0.42) |
| Earnings per share, diluted USD per share | (1.00) | (0.81) | (0.42) |
| Weighted average shares, basic thousands of shares | 45,269 | 50,525 | 54,283 |
| Weighted average shares, diluted thousands of shares | 77,527 | 50,525 | 54,283 |
Balance sheet
CSVFiscal years (BAER's year ends in late December)
| In thousands of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 22,956 | 39,336 | 31,381 |
| Prepaid and other current assets | 2,648 | 3,924 | 3,994 |
| Total current assets | 45,195 | 63,809 | 40,219 |
| Right-of-use asset | 7,777 | 7,951 | 31,416 |
| Goodwill | 13,163 | 20,749 | 20,888 |
| Total assets | 273,470 | 290,809 | 330,306 |
| Accounts payable | 3,978 | 5,330 | 3,417 |
| Accrued liabilities | 17,168 | 14,057 | 9,794 |
| Current portion of long-term debt | 2,099 | 2,170 | 926 |
| Total current liabilities | 25,398 | 23,392 | 16,521 |
| Long-term debt | 204,585 | 202,469 | 212,380 |
| Lease liability, non-current | 5,779 | 6,083 | 29,163 |
| Total liabilities | 246,539 | 237,332 | 265,640 |
| Accumulated deficit | (413,672) | (429,239) | (425,099) |
| Total stockholders' equity | (327,909) | (326,702) | (342,591) |
| Total liabilities and equity | 273,470 | 290,809 | 330,306 |
| Common shares outstanding (cover page) thousands of shares | 44,843 | 54,218 | 55,923 |
Cash flows
CSVFiscal years (BAER's year ends in late December)
| In thousands of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | (77,358) | (15,567) | 4,140 |
| Stock-based compensation | 47,796 | 16,160 | 7,098 |
| Depreciation and amortization | 11,089 | 17,451 | 15,471 |
| Net cash from operating activities | (26,808) | 9,355 | 16,732 |
| Purchases of property and equipment | 20,738 | 4,084 | 80,942 |
| Net cash from investing activities | 27,158 | 2,056 | (34,443) |
| Proceeds from issuing common stock | 0 | 168 | 0 |
| Net cash from financing activities | (5,831) | 4,673 | (4,320) |
| Net change in cash | (5,523) | 16,146 | (21,702) |
Compare with peers
SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Bridger Aerospace Group Holdings | 7,241 | 30,494 | (15,705)* | 58.8M | 0.5 quarters | 10-QJun 30, 2026 |
| Getty Images Holdings | 51,621 | 229,098 | (108,726)* | 421.0M | 0.5 quarters | 10-QJun 30, 2026 |
| Heritage Global | 13,179 | 12,265 | 1,617* | 34.6M | — | 10-QJun 30, 2026 |
| Research Solutions | 12,630 | 12,081* | 1,775* | 33.8M | — | 10-KJun 30, 2026 |
| FiscalNote Holdings | 17,953 | 19,581 | (2,125)* | not reported | 9.4 quarters | 10-QJun 30, 2026 |
| Emerald Holding | 121,100 | 155,400 | 28,700 | 197.9M | — | 10-QMar 31, 2026 |
| Dhi Group | 3,769 | 31,341 | 6,098* | 43.4M | — | 10-QJun 30, 2026 |
| Datavault AI | 1,400 | 6,717 | (71,236)* | 949.7M | 0.0 quarters | 10-QJun 30, 2026 |
| American Well | 180,786 | 48,991 | (11,668)* | not reported | 277.1 quarters | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.