Filing Flows › Bridger Aerospace Group Holdings (BAER) › Q2 2025
Bridger Aerospace Group Holdings (BAER) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Bridger Aerospace Group Holdings (BAER) reported revenue of $30.8M for the second quarter 2025 (Q2 2025), +136% from a year earlier and +97% from the quarter before. Operating margin was 18.0%, net earnings $308K (1.0% of revenue).
Bridger Aerospace Group Holdings, Q2 2025: revenue $30.8M (+136% year over year), operating margin 18.0%, net earnings $308K, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.8M | +97% | +136% |
| Gross profit | $12.1M | — | +283% |
| Operating profit | $5.5M | — | — |
| Net earnings | $308K | — | — |
| Operating cash flow | $1.4M | — | — |
| Free cash flow | $515K | — | — |
What changed
Revenue was $30.8M in Q2 2025, up 136% year over year and up 97% from the previous quarter.
Gross margin was 39.2%, up 15.0 points from a year earlier. Operating profit was $5.5M, a 18.0% margin (up 54.5 points year over year). Operating expenses fell 17% while revenue rose 136%. Net earnings were $308K. The effective tax rate was 37.1%.
Operating cash flow was $1.4M, 468% of net earnings. Non-cash charges added back $4.0M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $4.6M. Capital expenditures of $926K left free cash flow of $515K.
Questions
What was Bridger Aerospace Group Holdings' revenue in the second quarter 2025?
Bridger Aerospace Group Holdings (BAER) reported revenue of $30.8M for the second quarter 2025 (Q2 2025), +136% from a year earlier and +97% from the quarter before.
Was Bridger Aerospace Group Holdings profitable in the second quarter 2025?
Operating profit was $5.5M (18.0% of revenue) and net earnings $308K.