---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002805"
form_type: "8-K"
ticker: "BAER"
cik: "0001941536"
company_name: "Bridger Aerospace Group Holdings, Inc."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:49:58.564027+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bridger Aerospace Q1 revenue up 15x YoY to $5.5M; net loss narrows to $20.1M

## Summary
- Q1 2024 revenue $5.5M vs $365K in Q1 2023; record first-quarter revenue driven by earliest fleet deployment.
- Net loss of $20.1M improved from $44.7M loss in Q1 2023; adjusted EBITDA loss of $6.9M vs $10.7M loss.
- Reiterates FY 2024 guidance: revenue $70M–$86M, adjusted EBITDA $35M–$51M.
- Completed $9.8M equity financing in April 2024 with participation from existing investors and management.
- Cost of revenues $9.2M (+27% YoY); SG&A dropped to $11.6M from $33.2M due to lower stock-based comp.

## SEC filing metadata
- accession: 0001171843-24-002805
- form_type: 8-K
- ticker: BAER
- cik: 0001941536
- company_name: Bridger Aerospace Group Holdings, Inc.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1941536/000117184324002805/0001171843-24-002805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1941536/000117184324002805/f8k_051324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002805
- JSON: https://secwatch.observer/filing/0001171843-24-002805.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002805.txt

## Key facts
- Earnings Releases
  Bridger Aerospace Group Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $5.5 million, net income net loss of $20.1 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $5.5 million
  - Net income: net loss of $20.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: lives and property from the growing threat of wildfires.” First Quarter 2024 Results Bridger is proud to report record first quarter revenue and activity with revenue of $5.5 million in the first quarter of 2024 compared to $365,000 in the first quarter of 2023. First quarter revenue, while seasonally lower as Bridger schedules annual fleet maintenance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000117184324002805/0001171843-24-002805-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.