Bridger Aerospace Group Holdings Inc (BAER)

Stated as a priority in 3 of last 3 quarters. Management reiterated 2026 adjusted EBITDA guidance of $55 million to $60 million, representing 27% growth at midpoint. Adjusted EBITDA was $8.1 million in 2026-Q2, down from $10.8 million in 2025-Q2, reflecting seasonal and operational factors. The trajectory aligns with management's full-year growth expectations despite quarterly fluctuations.

Stated as a priority in 2 of last 3 quarters. Management highlighted expanded aircraft utilization with new task orders extending deployment into Q4 and contracts for advanced Multi-Mission Aircraft. While revenue was flat in Q2 2026 versus prior year, excluding non-recurring work revenue increased 16%, indicating progress leveraging aircraft for growth.

consolidated · GAAP

FY2026-Q2 · Period ending Jun 30, 2026

Source: company_financial_results. Reference: 3de1884f-103f-422d-a0a7-a54a2bedd28f.

Source status: eligible.

Stated as a priority in 3 of last 3 quarters. Management reiterated 2026 revenue guidance of $135 million to $145 million, representing 14% growth at midpoint and 29% growth excluding non-recurring return-to-service work. Second quarter 2026 revenue was $30.5 million, essentially flat versus $30.8 million in second quarter 2025, reflecting seasonal and operational factors. The trajectory is consistent with management's stated growth expectations for the full year.