---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005509"
form_type: "8-K"
ticker: "BAER"
cik: "0001941536"
company_name: "Bridger Aerospace Group Holdings, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T19:37:48.920695+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bridger Aerospace Q2 revenue down 9% to $11.6M; net loss $19.0M; reaffirms FY guidance

## Summary
- Q2 revenue $11.6M (down 9% YoY); net loss $19.0M vs $4.6M loss; Adj. EBITDA $1.0M.
- Reaffirmed FY2023 guidance: rev $84M-$96M, Adj. EBITDA $37M-$45M.
- First Super Scooper deployment to Canada; 5-yr DOI contract worth up to $68M for fire intelligence services.
- Acquired Bighorn Airways (enterprise value $39.25M) to expand smoke jumping & special missions fleet to 28 aircraft.
- Non-cash stock comp of $7.9M inflated Q2 SG&A to $15.2M; net loss widened despite revenue in-line with expectations.

## SEC filing metadata
- accession: 0001683168-23-005509
- form_type: 8-K
- ticker: BAER
- cik: 0001941536
- company_name: Bridger Aerospace Group Holdings, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1941536/000168316823005509/0001683168-23-005509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1941536/000168316823005509/bridger_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005509
- JSON: https://secwatch.observer/filing/0001683168-23-005509.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005509.txt

## Key facts
- Earnings Releases
  Bridger Aerospace Group Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue $11.6 million, net income $19.0 million. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $11.6 million
  - Net income: $19.0 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: cost savings initiatives put in place to maximize earnings, 2023 should be a record year for the company. Second Quarter 2023 Results Revenue for the second quarter of 2023 was $11.6 million compared to $12.8 million in the second quarter of 2022, down approximately 9%. The decrease was the result of a later start to the 2023 U.S. wildfire season. The Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000168316823005509/0001683168-23-005509-index.htm

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