Filing Flows › Bristow Group (VTOL) › Q2 2026 › vs Q2 2025
Bristow Group (VTOL) Q2 2026 vs Q2 2025 (year over year)
Bristow Group's revenue rose $35.3M (+9%) from $376M in Q2 2025 to $412M in Q2 2026. The biggest changes: Government Services +$19.7M (+21%); Offshore Energy Services +$8.8M (+3%); Other Services +$6.8M (+22%). Operating margin 9.6% against 11.3% (-1.7 pts).
Bristow Group, Q2 2026: revenue $412M (+9% year over year), operating margin 9.6%, net earnings $21.2M, operating cash flow $41.1M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.6% | 11.3% | -1.7 pts |
| Net margin | 5.1% | 8.4% | -3.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Offshore Energy Services | $262M | $253M | $8.8M | +3% |
| Government Services | $112M | $92.5M | $19.7M | +21% |
| Other Services | $37.9M | $31.1M | $6.8M | +22% |
| Revenue | $412M | $376M | $35.3M | +9% |
| Operating profit | $39.6M | $42.6M | −$3.1M | -7% |
| Costs & expenses | $372M | $334M | $38.4M | +12% |
| Pre-tax earnings | $21.3M | $52.2M | −$30.9M | -59% |
| Other expense, net | $18.3M | −$9.6M | $27.9M | — |
| General & admin | $43.2M | $44.4M | −$1.1M | -3% |
| Other operating costs | $329M | $289M | $39.5M | +14% |
| Net earnings | $21.2M | $31.8M | −$10.6M | -33% |
| Income tax | $108K | $20.4M | −$20.3M | -99% |
| Depreciation & amortization | $32.5M | $20.9M | $11.6M | +55% |
| Share-based compensation | $4.0M | $4.8M | −$742K | -16% |
| Working capital & other | $16.6M | −$41.6M | $58.2M | — |
| Operating cash flow | $41.1M | $99.0M | −$58.0M | -59% |
| Capital expenditures | $67.4M | $31.6M | $35.7M | +113% |
| Negative free cash flow (OCF − capex) | $26.3M | −$67.4M | $93.7M | — |
Questions
How much did Bristow Group's revenue grow year over year in Q2 2026?
Bristow Group's revenue rose $35.3M (+9%) from $376M in Q2 2025 to $412M in Q2 2026.
What drove Bristow Group's revenue change in Q2 2026?
Government Services +$19.7M (+21%); Offshore Energy Services +$8.8M (+3%); Other Services +$6.8M (+22%).