Filing Flows › Bristow Group (VTOL) › Q3 2025
Bristow Group (VTOL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Bristow Group (VTOL) reported revenue of $386M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +3% from the quarter before. Operating margin was 13.1%, net earnings $51.6M (13.4% of revenue).
Bristow Group, Q3 2025: revenue $386M (+6% year over year), operating margin 13.1%, net earnings $51.6M, operating cash flow $23.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $386M | +3% | +6% |
| Operating profit | $50.5M | +19% | +52% |
| Net earnings | $51.6M | +62% | +82% |
| Operating cash flow | $23.1M | -77% | -65% |
What changed
Revenue was $386.3M in Q3 2025, up 6% year over year and up 3% from the previous quarter. Offshore Energy Services was the largest line at 65% of revenue. Government Services added $15.6M year over year (up 18%), 73% of the total change.
Operating profit was $50.5M, a 13.1% margin (up 4.0 points year over year). Of the extra revenue versus a year earlier, 82% reached operating profit, above the 9% margin then. Total costs grew 1% against revenue growth of 6%. Net earnings were $51.5M, up 83% year over year. The effective tax rate was -29.8%.
Operating cash flow was $23.1M (down 65% year over year), 45% of net earnings. Non-cash charges added back $19.9M of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items used $52.9M. Capital expenditures of $29.2M exceeded it, leaving free cash flow of −$6.2M.
Questions
What was Bristow Group's revenue in the third quarter 2025?
Bristow Group (VTOL) reported revenue of $386M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +3% from the quarter before.
Was Bristow Group profitable in the third quarter 2025?
Operating profit was $50.5M (13.1% of revenue) and net earnings $51.6M.
Source: Bristow Group 10-Q on SEC EDGAR.