Filing Flows › Bristow Group (VTOL) › Q2 2026
Bristow Group (VTOL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Bristow Group (VTOL) reported revenue of $412M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +6% from the quarter before. Operating margin was 9.6%, net earnings $21.2M (5.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $412M | +6% | +9% |
| Operating profit | $39.6M | +14% | -7% |
| Net earnings | $21.2M | +62% | -33% |
| Operating cash flow | $41.1M | — | -59% |
What changed
Revenue was $411.8M in Q2 2026, up 9% year over year and up 6% from the previous quarter. Offshore Energy Services was the largest line at 64% of revenue. Government Services added $19.7M year over year (up 21%), 56% of the total change.
Operating profit was $39.6M, a 9.6% margin (down 1.7 points year over year). Operating profit fell $3.1M even though revenue rose $35.3M versus Q2 2025, so costs grew faster than sales. Total costs grew 12% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $21.2M, down 33% year over year. The effective tax rate was 0.5%.
Operating cash flow was $41.1M (down 59% year over year), 194% of net earnings. Non-cash charges added back $32.5M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $16.6M. Capital expenditures of $67.4M exceeded it, leaving free cash flow of −$26.3M.
Questions
What was Bristow Group's revenue in the second quarter 2026?
Bristow Group (VTOL) reported revenue of $412M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +6% from the quarter before.
Was Bristow Group profitable in the second quarter 2026?
Operating profit was $39.6M (9.6% of revenue) and net earnings $21.2M.
Source: Bristow Group 10-Q on SEC EDGAR.