Saturday 17 October 2026
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Bridger Aerospace Group Holdings, Inc.
BAER Industrials Security & Protection Services
Bridger Aerospace Group Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $122.8 million, up 24.6% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 8.33%, free cash flow fell 9,846.9% and total debt rose 15.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
0.52
0.01
+1.96%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 9.60 | 9.70 | 3.26 | 1.71 | 1.02 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 9.90 | 10.13 | 25.90 | 7.27 | 4.44 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | 166 | 148 | 191 | 235 | ||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.28 | 0.45 | 0.52 | 0.52 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 39 | 46 | 67 | 99 | 123 | ||||
| Gross margin, % | — | — | — | — | — | 32.51 | 26.95 | 38.03 | 41.72 | 42.08 | |||||
| EBT | — | — | — | — | 0 | (7) | (42) | (78) | (16) | 4 | |||||
| EBT margin, % | — | — | — | — | 0.00 | (16.61) | (90.81) | (116.42) | (16.56) | 3.20 | |||||
| Net income | — | 0 | — | — | 0 | (7) | (42) | (77) | (16) | 4 | |||||
| Depreciation | — | — | — | — | — | 7 | 10 | 12 | 18 | 17 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.98 | 1.15 | 1.47 | 1.95 | 2.26 | ||||
| Earnings | — | — | — | — | 0.00 | 0.43 | (8.15) | (1.71) | (0.81) | (0.42) | |||||
| Cash flow | — | — | — | — | 0.00 | 0.15 | (0.25) | (0.59) | 0.19 | 0.31 | |||||
| Capex | — | — | — | — | 0.00 | (0.56) | (0.63) | (0.45) | (0.09) | (1.50) | |||||
| Free cash flow | — | — | — | — | 0.00 | (0.41) | (0.87) | (1.04) | 0.09 | (1.19) | |||||
| Book value | — | — | — | — | 0.00 | 1.54 | 1.87 | 0.59 | 1.06 | 1.19 | |||||
| Shares, m | — | — | — | — | 8 | 40 | 40 | 45 | 51 | 54 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | — | 0.00 | 8.78 | 4.59 | 1.09 | 0.81 | |||||
| P/B | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | — | — | — | — | — | 0.00 | 11.16 | 7.12 | 2.63 | 2.29 | |||||
| EV/FCF | — | — | — | — | — | 72.18 | (14.70) | (10.10) | 54.40 | (4.36) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | 6 | (10) | (27) | 9 | 17 | ||||
| Capex | — | — | — | — | — | (23) | (25) | (20) | (5) | (81) | |||||
| Free cash flow | — | — | — | — | 0 | (17) | (35) | (47) | 5 | (65) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 0 | (51) | 83 | 20 | 40 | 24 | ||||
| Total debt | — | — | — | — | 0 | 60 | 208 | 207 | 205 | 213 | |||||
| Net debt | — | — | — | — | 0 | 43 | 110 | 169 | 152 | 182 | |||||
| Shareholders’ equity | — | — | — | — | 0 | 62 | 75 | 27 | 53 | 65 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | (6.90) | (22.96) | (131.90) | 2.94 | (14.50) | (7.39) | ||||
| ROIC | — | — | — | — | (4.39) | 0.95 | (7.61) | (18.36) | 1.62 | 3.90 | |||||
| ROE | — | — | — | — | (0.01) | 52.96 | 132.61 | (2.30) | 12.50 | 6.85 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Bridger Aerospace Group Holdings, Inc. vs peers in Security & Protection Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CIGL Concorde International Group Ltd. | $62.3M | — | — | — | — | −980.96% (below 0%: shrinking) | — | — | Compare |
| SPCB SuperCom, Ltd. | $58.4M | — (loss-making) | 16.6× | +13.28% (above 0%: growing) | −20.00% (below 0%: shrinking) | −109.90% (below 0%: shrinking) | 60.37% | 10.61% | Compare |
| SNT Senstar Technologies Ltd. | $32.7M | 104× | — | +8.21% (above 0%: growing) | −70.00% (below 0%: shrinking) | +251.01% (above 0%: growing) | 64.20% | 3.29% | Compare |
| BAER Bridger Aerospace Group Holdings, Inc. | $30.1M | — (loss-making) | — (loss-making) | −0.84% (below 0%: shrinking) | n/m | −9,846.91% (below 0%: shrinking) | 37.13% | 19.72% | |
| KSCP Knightscope, Inc. | $13.5M | — (loss-making) | — (loss-making) | +228.26% (above 0%: growing) | n/m | −107.72% (below 0%: shrinking) | 7.36% | (145.09%) | Compare |
| GFAI Guardforce AI Co., Limited | $6.5M | — (loss-making) | — (loss-making) | +0.05% (above 0%: growing) | n/m | +51.02% (above 0%: growing) | 6.64% | 0.00% | Compare |
| SUGP SU Group Holdings Limited | $4.4M | — | — | — | — | — | — | — | Compare |
| BKYI BIO-key International Inc. | $4.2M | — (loss-making) | — (loss-making) | +13.15% (above 0%: growing) | n/m | +4.04% (above 0%: growing) | 87.19% | (27.57%) | Compare |
| OPNW OpenWorld, Inc. | $3.8M | — (loss-making) | — (loss-making) | −57.79% (below 0%: shrinking) | n/m | −176.67% (below 0%: shrinking) | 53.51% | (29.14%) | Compare |
| Median of peers | $10.0M | — | — | +10.68% | — | −107.72% | 56.94% | (13.78%) |
Bridger Aerospace Group Holdings, Inc. (BAER) key facts
- Strength: Bridger Aerospace Group Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $122.8 million, up 24.6% from fiscal 2024.
- Bridger Aerospace Group Holdings, Inc. (BAER) is a Security & Protection Services company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, BAER traded at $0.52, a market capitalization of $30.1 million.
- Return on equity was 6.85% and debt-to-equity 6.88.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is −0.97 (distress zone) for fiscal 2025.