secwatch.observer — SEC 8-K summary
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Issuer:     Bridger Aerospace Group Holdings, Inc. (BAER)
CIK:        0001941536
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001171843-26-001361
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridger Aerospace posts record 2025 revenue $122.8M, turns profitable with $4.1M net income
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- Revenue $122.8M (+25% YoY); net income $4.1M vs loss -$15.6M in 2024; adjusted EBITDA $45.3M (+21%).
- Q4 revenue $8.5M (down 45% YoY) due to seasonal timing; net loss $15.1M ($0.40 per share).
- Completed $331.5M refinancing incl. $100M delayed draw facility; gain of $16.9M from sale-leaseback.
- Added two Spanish Scoopers and four surveillance aircraft; fleet expansion underway.
- 2026 guidance: revenue $135M-$145M, adj. EBITDA $55M-$60M (14% and 27% growth at midpoints).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1941536/000117184326001361/0001171843-26-001361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1941536/000117184326001361/f8k_030526.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-001361

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer