Bridger Aerospace Reports Record 2025 Results, Positive Net Income, Strong 2026 Guidance, and Secures $331.5M Financing

summarizeSummary

Bridger Aerospace announced record 2025 financial results, including a turnaround to positive net income and strong revenue and Adjusted EBITDA growth, alongside robust 2026 guidance and a significant $331.5 million financing package to fund fleet expansion.

check_boxKey Events

• Record 2025 Financial Performance

  Bridger Aerospace reported record 2025 revenue of $122.8 million, a 25% increase year-over-year, and achieved positive net income of $4.1 million, a significant turnaround from a $15.6 million net loss in 2024. Adjusted EBITDA also grew 21% to $45.3 million.

• Strong 2026 Guidance Initiated

  The company initiated 2026 guidance, anticipating revenue between $135 million and $145 million (14% growth at midpoint) and Adjusted EBITDA between $55 million and $60 million (27% growth at midpoint), signaling continued operational strength.

• Secured Substantial Financing Package

  Bridger Aerospace completed a $331.5 million financing package, including debt refinancing and a $100 million delayed draw facility, significantly bolstering its financial flexibility and funding capabilities for strategic fleet expansion.

• Fleet Expansion Progress

  The company advanced its fleet expansion program by adding the first two Spanish Scoopers and four additional air surveillance aircraft, supporting future operational capacity and revenue growth.

auto_awesomeAnalysis

Bridger Aerospace delivered a strong financial performance in 2025, achieving positive net income of $4.1 million, a significant improvement from the prior year's loss, and exceeding its increased revenue guidance. The company also provided optimistic 2026 guidance, projecting continued growth in revenue and Adjusted EBITDA, driven by fleet expansion. Critically, the company secured a substantial $331.5 million financing package, including a $100 million delayed draw facility, which significantly enhances its financial flexibility and capacity for strategic fleet expansion. This capital infusion, relative to the company's market capitalization, is a major positive development, positioning Bridger Aerospace for sustained growth in the aerial firefighting sector.