Filing Flows › Bridger Aerospace Group Holdings (BAER) › Q4 2024
Bridger Aerospace Group Holdings (BAER) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 14, 2025
Bridger Aerospace Group Holdings (BAER) reported revenue of $15.6M for the fourth quarter 2024 (Q4 2024), up 14-fold from a year earlier and -76% from the quarter before. Operating margin was -48.0%, net loss $12.8M (82.4% of revenue).
Bridger Aerospace Group Holdings, Q4 2024: revenue $15.6M (14× year over year), operating margin -48.0%, net loss $12.8M, operating cash flow $9.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.6M | -76% | 14× |
| Operating profit | −$7.5M | — | — |
| Net earnings | −$12.8M | — | — |
| Operating cash flow | $9.2M | 46× | -37% |
| Free cash flow | $8.2M | — | -32% |
What changed
Revenue was $15.6M in Q4 2024, up 1307% year over year and down 76% from the previous quarter.
Gross margin was 1.2%. Operating costs exceeded revenue by $7.5M, an operating margin of -48.0%. The quarter ended with a net loss of $12.8M, after a profit of $27.3M the previous quarter.
Operating cash flow was $9.2M (down 37% year over year). Non-cash charges added back $2.7M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $16.9M. Capital expenditures of $1.0M left free cash flow of $8.2M.
Questions
What was Bridger Aerospace Group Holdings' revenue in the fourth quarter 2024?
Bridger Aerospace Group Holdings (BAER) reported revenue of $15.6M for the fourth quarter 2024 (Q4 2024), up 14-fold from a year earlier and -76% from the quarter before.
Was Bridger Aerospace Group Holdings profitable in the fourth quarter 2024?
Operating loss was $7.5M (-48.0% of revenue) and net loss $12.8M.