Bristow Group Reports Strong Full Year 2025 Results, Affirms Robust 2026 Outlook, and Initiates Quarterly Dividend

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Bristow Group reported strong full-year 2025 results, affirmed a positive 2026 financial outlook with significant growth projections, and initiated a quarterly cash dividend of $0.125 per share.

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• Strong Full Year 2025 Financial Performance

  Bristow Group reported net income of $129.1 million ($4.32 per diluted share) on $1.5 billion in total revenues for the full year ended December 31, 2025, compared to $94.8 million net income on $1.4 billion revenue in 2024. Adjusted EBITDA for 2025 was $245.6 million, in line with guidance.

• Affirmed Robust 2026 Financial Outlook

  The company affirmed its 2026 outlook, projecting total Adjusted EBITDA to increase by approximately 25% and Adjusted Free Cash Flow to exceed $200 million. Government Services Adjusted Operating Income is expected to double, and Offshore Energy Services Adjusted Operating Income to increase by approximately 15%.

• Initiation of Quarterly Cash Dividend

  Bristow declared a quarterly cash dividend of $0.125 per share of common stock, payable on March 26, 2026, signaling confidence in its financial position and commitment to shareholder returns.

• Successful Debt Refinancing Completed

  The company confirmed the closing of its private offering of $500 million aggregate principal amount of 6.750% Senior Secured Notes due 2033, which refinanced existing debt, and the amendment and extension of its ABL facility until 2031. This was previously announced on January 27, 2026.

auto_awesomeAnalysis

Bristow Group delivered strong full-year 2025 financial results, exceeding its outlook and demonstrating significant growth in net income and revenue. The company's affirmation of a robust 2026 outlook, projecting a 25% increase in Adjusted EBITDA and over $200 million in Adjusted Free Cash Flow, signals continued operational strength and financial health. The initiation of a quarterly cash dividend underscores management's confidence in sustainable future cash flows and commitment to shareholder returns. This positive news, coupled with the recently completed debt refinancing at favorable terms, positions the company well for future growth and stability, especially as it trades near its 52-week high.