Filing Flows › Bristow Group (VTOL) › Q4 2025
Bristow Group (VTOL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Bristow Group (VTOL) reported revenue of $377M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -2% from the quarter before. Operating margin was 8.5%, net earnings $18.7M (5.0% of revenue).
Bristow Group, Q4 2025: revenue $377M (+7% year over year), operating margin 8.5%, net earnings $18.7M, operating cash flow $76.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $377M | -2% | +7% |
| Operating profit | $32.1M | -37% | +0.9% |
| Net earnings | $18.7M | -64% | -41% |
| Operating cash flow | $76.9M | +234% | +51% |
| Free cash flow | $47.8M | — | — |
What changed
Revenue was $377.3M in Q4 2025, up 7% year over year and down 2% from the previous quarter. Offshore Energy Services was the largest line at 66% of revenue.
Operating profit was $32.1M, a 8.5% margin (down 0.5 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 9% margin then. Total costs grew 7% against revenue growth of 7%. Net earnings were $18.4M, down 42% year over year. The effective tax rate was 13.9%.
Operating cash flow was $76.9M (up 51% year over year), 412% of net earnings. Non-cash charges added back $20.6M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $33.5M. Capital expenditures of $29.1M left free cash flow of $47.8M.
Questions
What was Bristow Group's revenue in the fourth quarter 2025?
Bristow Group (VTOL) reported revenue of $377M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -2% from the quarter before.
Was Bristow Group profitable in the fourth quarter 2025?
Operating profit was $32.1M (8.5% of revenue) and net earnings $18.7M.
Source: Bristow Group 10-K on SEC EDGAR.