Bridger Aerospace Group Holdings, Inc. · NASDAQ:BAER
Bridger Aerospace — Q2 2026 Earnings Presentation
10 slides from Bridger Aerospace's earnings presentation, Aug 6, 2026
Slide 1: Bridger Aerospace Reports Second Quarter 2026 Results
August 6, 2026 Bridger Aerospace Reports Second Quarter 2026 Results Second quarter 2026 revenue of $30.5 million, in line with prior-year period New contracts and longer task orders continue to expand Company’s footprint The Company reiterates 2026 guidance, including revenue expectations of $135 m
Slide 2: Q2 2026 and Recent Operational Highlights
wildfire years. It’s in years like this that having dependable aerial firefighting capacity in place matters most.” Mr. Davis continued, “Heading into Q3, fleet activity is reflecting the alarming wildfire reality we are facing and we are positioning the full fleet to respond as conditions demand it
Slide 3: Business Outlook
in the second quarter of 2025. Cost of revenues from non-recurring return-to-service was $0.8 million in the second quarter of 2026 compared to $4.8 million in the same period of 2025. When excluding the non-recurring cost of revenues from both periods, cost of revenues increased 32%, primarily due
Slide 4: Forward Looking Statements
Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nati
Slide 5: Forward Looking Statements (continued)
availability, maintenance requirements, weather events, parts shortages, supply chain disruptions or certification issues; Bridger’s ability to successfully operate and deploy its fleet; Bridger’s successful integration of any aircraft (including achievement of synergies and cost reductions); Bridge
Slide 6: Consolidated Statements of Operations
BRIDGER AEROSPACE GROUP HOLDINGS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) (Unaudited) For the three months ended June 30, For the six months ended June 30, (dollars in thousands, except per share amounts) 2026 2025 2026 2025 Revenues $ 30,494 $ 30,751 $ 39
Slide 7: Consolidated Balance Sheets
BRIDGER AEROSPACE GROUP HOLDINGS, INC. CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) As of December 31, dollars in thousands As of June 30, 2026 2025 ASSETS Current assets: Cash and cash equivalents $ 7,241 $ 31,381 Accounts receivable 20,501 3,190 Aircraft support parts 1,071 1,654 Prepaid
Slide 8: Exhibit A Non-GAAP Results and Reconciliations
BRIDGER AEROSPACE GROUP HOLDINGS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) For the six months ended June 30, dollars in thousands 2026 2025 Cash Flows from Operating Activities: Net loss $ (31,802) $ (15,230) Adjustments to reconcile net loss to net cash used in operatin
Slide 9: Non-GAAP Measures Notes
as a measure of our performance. Such measures have limitations as analytical tools, and you should not consider any of such measures in isolation or as substitutes for our results as reported under GAAP. EBITDA and Adjusted EBITDA exclude items that can have a significant effect on our profit or lo
Slide 10: Adjusted EBITDA Reconciliation
Three Months Three Months Six Months Ended Six Months Ended dollars in thousands ended June 30, Ended June 30, June 30, 2026 June 30, 2025 2026 2025 Net (loss) income $ (498) $ 308 $ (31,802) $ (15,230) Income tax (benefit) expense (5) 182 23 433 Depreciation and amortization 4,837 4,019 6,888 5,999
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