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BAER (Bridger Aerospace Group Holdings, Inc. Common Stock) Stock Financials & Earnings | Market Cap Arena
BAER
Bridger Aerospace Group Holdings, Inc. Common Stock
Mkt Cap
$116M
Industrials
·
Security & Protection Services
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$123M
Net Income (TTM)
$4M
EPS (TTM)
-$0.42
Free Cash Flow (TTM)
-$64M
Gross Margin
42.1%
Op. Margin
12.5%
Net Margin
3.4%
FCF Margin
-52.3%
P/S Ratio (TTM)
0.9x
P/E Ratio (TTM)
28.1x
YoY Rev Growth
+24.6%
Employees
—
Earnings Reports
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Q4 2025
NEW
Browse All Reports
Next: Q1 2026 · Mar 12
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$365K
-$7M
-$40M
Q2 23
$12M
$1M
-$14M
Q3 23
$54M
$38M
$23M
Q4 23
$1M
-$7M
-$26M
Q1 24
$6M
-$4M
-$15M
Q2 24
$13M
$3M
-$5M
Q3 24
$65M
$42M
$33M
Q4 24
$16M
$184K
-$7M
Q1 25
$16M
-$2M
-$10M
Q2 25
$31M
$12M
$6M
Q3 25
$68M
$47M
$39M
Q4 25
$9M
-$6M
-$19M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
2.5x
—
Q2 23
2.5x
—
Q3 23
1.7x
—
Q4 23
1.7x
—
Q1 24
1.6x
—
Q2 24
1.6x
—
Q3 24
1.4x
—
Q4 24
1.2x
—
Q1 25
1.1x
—
Q2 25
0.9x
—
Q3 25
0.9x
18.0x
Q4 25
0.9x
28.1x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$37M
-$48M
Q2 23
-$17M
-$18M
Q3 23
$12M
$9M
Q4 23
$15M
$12M
Q1 24
-$23M
-$24M
Q2 24
-$3M
-$4M
Q3 24
$23M
$22M
Q4 24
$9M
$8M
Q1 25
-$18M
-$21M
Q2 25
$1M
$515K
Q3 25
$41M
$35M
Q4 25
-$8M
-$78M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$11M
Q2 23
$1M
Q3 23
$3M
Q4 23
$3M
Q1 24
$957K
Q2 24
$1M
Q3 24
$1M
Q4 24
$1M
Q1 25
$3M
Q2 25
$926K
Q3 25
$6M
Q4 25
$70M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+426.8%
+256.0%
Q2 23
-8.9%
+69.5%
Q3 23
+65.2%
+1.2%
Q4 23
-0.4%
+128.5%
Q1 24
+1408.8%
-48.6%
Q2 24
+12.0%
-30.9%
Q3 24
+20.3%
+2.0%
Q4 24
+1306.3%
-14.5%
Q1 25
+184.1%
+23.9%
Q2 25
+136.3%
+42.0%
Q3 25
+5.2%
-8.8%
Q4 25
-45.2%
+19.4%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$0
0.0%
Q2 23
$0
0.0%
Q3 23
$7M
12.3%
Q4 23
$9M
825.2%
Q1 24
$0
0.0%
Q2 24
$4M
34.4%
Q3 24
$0
0.0%
Q4 24
$2M
15.7%
Q1 25
$2M
12.7%
Q2 25
$2M
5.6%
Q3 25
$0
0.0%
Q4 25
$2M
26.5%
marketcaparena.com
OpEx Breakdown
SG&A
Quarter
SG&A
Q1 23
$33M
Q2 23
$15M
Q3 23
$15M
Q4 23
$19M
Q1 24
$12M
Q2 24
$7M
Q3 24
$9M
Q4 24
$8M
Q1 25
$9M
Q2 25
$7M
Q3 25
$8M
Q4 25
$13M
marketcaparena.com
Revenue Segments
Other Revenue
Reportable Segment
Quarter
Other Revenue
Reportable Segment
Q1 23
$365K
—
Q2 25
—
$31M
Q3 25
—
$68M
marketcaparena.com
Revenue by Geography
Spain
United States
Quarter
Spain
United States
Q1 25
$6M
$10M
Q2 25
$5M
$26M
Q3 25
$2M
$66M
Q4 25
$850K
$8M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$2M
$30M
$33M
Q2 23
$845K
$13M
$13M
Q3 23
$19M
$2M
$22M
Q4 23
$23M
$1M
$24M
Q1 24
$7M
$0
$7M
Q2 24
$9M
$0
$9M
Q3 24
$33M
$573K
$34M
Q4 24
$39M
$1M
$40M
Q1 25
$22M
$0
$22M
Q2 25
$17M
$0
$17M
Q3 25
$55M
$0
$55M
Q4 25
$31M
$0
$31M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
74M
+140.2%
Q2 23
45M
-38.8%
Q3 23
79M
+73.8%
Q4 23
46M
-41.4%
Q1 24
48M
+2.9%
Q2 24
48M
+1.5%
Q3 24
88M
+82.0%
Q4 24
53M
-39.5%
Q1 25
54M
+1.2%
Q2 25
54M
+0.1%
Q3 25
54M
+0.4%
Q4 25
55M
+1.2%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 20
—
—
FY 21
—
—
FY 22
$279K
166
FY 23
$451K
148
FY 24
$516K
191
FY 25
$523K
235
marketcaparena.com