State Ledger
Company profile

Bridger Aerospace Group Holdings, Inc. CIK 1941536

Tickers
BAER (Nasdaq) · BAERW (Nasdaq)
Industry
Services-Business Services, NEC
Headquarters
Belgrade, MT 59714
Fiscal year end
2025 (FY)
Market Data
Close
$0.58
Change
-$0.02
Change %
-3.31%
Volume
1,750

BAER · trading date Oct 12, 2026 · previous close $0.60 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$122.83M
Net income
$4.14M
Total assets
$330.31M
Total liabilities
$265.64M
Stockholders' equity
-$342.59M
Cash & equivalents
$31.38M
Operating income
—
Operating cash flow
$16.73M
Capital expenditures
$80.94M

Fiscal year 2025, via 10-K filed 2026-03-06. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
3.4%
Free cash flow
-$64.21M
Free cash flow margin
-52.3%
Liabilities / assets
80.4%
Equity / assets
-103.7%
CapEx / revenue
65.9%
Operating cash flow / net income
4.04×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $122.83M $4.14M $330.31M $265.64M -$342.59M
2024 $98.61M -$15.57M $290.81M $237.33M -$326.70M
2023 $66.71M -$77.36M $273.47M $246.54M -$327.91M
2022 $46.39M -$42.13M $305.98M $230.58M -$413.62M
Company Details
SIC code
7389
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-02
Financials filed via
Form 10-K
filed 2026-03-06

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Belgrade, MT 59714
90 AVIATION LANE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:37 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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