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Bridger Aerospace Group Holdings, Inc. (BAER) stock

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NASDAQ: BAER Nasdaq Aerospace & Defense Next results ~November 16, 2026

Bridger Aerospace Group Holdings, Inc. is a US-listed company in the aerospace & defense industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Bridger Aerospace Group Holdings, Inc. is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Bridger Aerospace Group Holdings, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 2 selling5 purchases and 6 sales by directors and officers, last 12 monthsInsider trades
  • Funds24 adding, 37 cuttingOf 14 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Bridger Aerospace Group Holdings files

Where Bridger Aerospace stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $115m, down 8.7% on a year earlier, against growth of 6.4% a quarter earlier. Free-cash-flow margin fell to -78.4% from -8.9% a year earlier. Operating margin widened to 20.7% from -15.6%. It passes 1 of our 4 financial-health checks.

Our model value for Bridger Aerospace Group Holdings is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 16, 2026 (estimated)

Bridger Aerospace Group Holdings, Inc.'s trailing-twelve-month revenue fell 8.7% year on year, with a free-cash-flow margin of -78.4%.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -8.7% (-15.1pp vs the prior quarter), the 4th consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 36.3 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 8.7% over the last 12 months.
  • Growth slowing. The growth rate is 15.1 points lower than a quarter earlier.
  • Burning cash. Free cash flow was -78.4% of revenue over the last 12 months.
  • High debt. Long-term debt exceeds cash by $0.2bn, more than 1.5 times annual revenue.
  • Volatile shares. Over the past year the shares showed annualised volatility of 81% and a beta of 1.4 against the S&P 500.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
-$0.13 against an average estimate of -$0.03: missed by 333.3%
Revenue
$30m, down 0.8% on a year earlier
Share reaction
-29.2% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
revenue $135m to $145m (full year 2026); adjusted EBITDA $55m to $60m (full year 2026)
Next report
November 16, 2026

Bridger Aerospace Group Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-10.2%
  • 1 week-18.1%
  • 1 month-44.3%
  • This year-79.3%
  • 1 year-78.0%
  • 5 years-96.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$115M
Operating margin
20.7%
Net margin
-10.8%

Growth

Revenue growth
−8.7%
Change in growth rate
−15.1 pts

Cash

Free cash flow (TTM)
-$90.5M
FCF margin
-78.4%
Stock pay % of revenue
4.5%

Earnings

Last results
August 6, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Leadership
  3. Insider trade
  4. Results
  5. Guidance
  6. Insider trade
  7. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Bridger Aerospace Group Holdings, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Bridger Aerospace Group Holdings, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 11.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.39 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$3.8 ~$3.6–$10 Left out: out of range vs price (9.97x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Bridger Aerospace Group Holdings, Inc. with Aerospace & Defense in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2022202320242025
Share price$10.13$6.91$2.13$1.83
Market value$816m$536m$108m$99m
+ Net debt (− = net cash)$183m$188m$169m$191m
Enterprise value$1000m$724m$277m$290m
Multiples
Price / sales 17.6x8.0x1.1x0.8x
Price / earnings ———24.0x
Price / free cash flow ——20.4x—
EV / EBITDA ——12.2x—

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 16, 2026, after the close. Analysts expect revenue of $82m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.54 −28% $136m +11%
Next −$0.26 +53% $157m +15%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +9.5% on 90 days ago. In the last 30 days, 1 analyst raised Bridger Aerospace Group Holdings, Inc.'s forecast and 2 cut it.

Consensus EPS forecast Bridger Aerospace Group Holdings, Inc., last 90 days
−$0.60 −$0.40 −$0.20 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.49 Current fiscal year, 60 days ago: −$0.52 Current fiscal year, 30 days ago: −$0.52 Current fiscal year, 7 days ago: −$0.52 Current fiscal year, Now: −$0.54 −$0.54 Next fiscal year, 90 days ago: −$0.02 Next fiscal year, 60 days ago: −$0.07 Next fiscal year, 30 days ago: −$0.07 Next fiscal year, 7 days ago: −$0.07 Next fiscal year, Now: −$0.26 −$0.26

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.49−$0.02
60 days ago −$0.52−$0.07
30 days ago −$0.52−$0.07
7 days ago −$0.52−$0.07
Now −$0.54−$0.26

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.03 −$0.13 −333.3%
Mar 2026 −$0.37 −$0.69 −86.5%
Dec 2025 −$0.30 −$0.40 −33.3%
Sept 2025 $0.32 $0.37 +15.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 6, 2026
  • Revenue full year 2026 $135m to $145m Maintained
    “Revenue is expected to be between $135 million and $145 million, representing 14% growth at the midpoint of the range and 29% growth when excluding revenue associated with return-to-service work in 2025.” source
  • Adjusted EBITDA full year 2026 $55m to $60m Non-GAAP Maintained
    “Adjusted EBITDA is expected to be between $55 million and $60 million, representing 27% growth at the midpoint of the range.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 202633
  3. Aug 202633
  4. Jul 202633

Counts of recommendations published by analysts covering Bridger Aerospace Group Holdings, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
3.8%
of tradable shares
Days to cover
1.83
at average volume
Short interest, 1 month
−22%
to October 15, 2026
Held by institutions
42%
of shares
Held by insiders
20.9%
of shares
Employees
235
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −78.0%

$1.72 on October 31, 2025 to $0.38

ThenNowEffect
Revenue (last 12 months) $126m $115m −8.7%
P/S multiple 0.8x 0.2x −74.5%
Share count 61m 64m −5.3%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −93.2%

$5.57 on November 3, 2023 to $0.38

ThenNowEffect
Revenue (last 12 months) $46m $115m +153.5%
P/S multiple 6.2x 0.2x −96.6%
Share count 51m 64m −21.2%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 20222023202420252026 to date
Return
BAER+4%−32%−69%−14%−79%
Industry peers (median)−11%+14%+22%+19%−11%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
BAER83%50%25%58%36%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
BAER−1%−83%−74%−69%−88%
S&P 500−25%−10%−8%−19%−9%

Worst fall since March 17, 2021: 98% from January 25, 2023 to November 2, 2026. Getting back needed a 5726% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.38 – $3.27
From 52-week high
−88.4%
vs 50-day average
−51.5%
vs 200-day average
−78.4%
Volatility (1 year)
81%
Beta vs S&P 500
1.44

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 9 down
typical move ±6.6%
After a week
4 up, 8 down
typical move ±11.3%
After a month
4 up, 8 down
typical move ±17.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 −29.2% +0.5% −29.8% −37.4%
May 12, 2026 −3.3% +0.4% −7.2% +7.8%
March 5, 2026 −11.4% −1.9% −17.7% −14.9%
November 6, 2025 −4.7% −1.0% +11.2% +10.0%
August 7, 2025 −6.9% +0.7% +4.0% −2.5%
May 8, 2025 +10.9% +0.6% +25.0% +46.1%
March 13, 2025 +1.9% +0.7% −15.0% −11.7%
November 12, 2024 −4.3% −0.3% −17.1% −32.6%
August 12, 2024 −1.8% +1.7% −2.1% −18.7%
May 13, 2024 −0.2% +0.5% −1.7% −4.2%
March 19, 2024 +1.8% +1.5% +3.6% +2.4%
February 6, 2024 −2.7% +1.1% −1.3% −19.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Bridger Aerospace Group Holdings, Inc.
$60M $80M $100M $120M $140M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $66.7M Revenue (TTM), FY23 Q4: $66.7M Revenue (TTM), FY24 Q1: $71.9M Revenue (TTM), FY24 Q2: $73.2M Revenue (TTM), FY24 Q3: $84.1M Revenue (TTM), FY24 Q4: $98.6M Revenue (TTM), FY25 Q1: $108.8M Revenue (TTM), FY25 Q2: $126.5M Revenue (TTM), FY25 Q3: $129.9M Revenue (TTM), FY25 Q4: $122.8M Revenue (TTM), FY26 Q1: $115.7M Revenue (TTM), FY26 Q2: $115.4M $115.4M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $66.7M
FY23 Q4 $66.7M
FY24 Q1 $71.9M
FY24 Q2 $73.2M
FY24 Q3 $84.1M
FY24 Q4 $98.6M
FY25 Q1 $108.8M
FY25 Q2 $126.5M
FY25 Q3 $129.9M
FY25 Q4 $122.8M
FY26 Q1 $115.7M
FY26 Q2 $115.4M
Revenue growth, TTM YoY Bridger Aerospace Group Holdings, Inc.
-50% 0% 50% 100% FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 Revenue growth, TTM YoY, FY23 Q4: 43.8% Revenue growth, TTM YoY, FY24 Q1: 53.9% Revenue growth, TTM YoY, FY24 Q2: 60.8% Revenue growth, TTM YoY, FY24 Q3: 26.1% Revenue growth, TTM YoY, FY24 Q4: 47.8% Revenue growth, TTM YoY, FY25 Q1: 51.4% Revenue growth, TTM YoY, FY25 Q2: 72.7% Revenue growth, TTM YoY, FY25 Q3: 54.4% Revenue growth, TTM YoY, FY25 Q4: 24.6% Revenue growth, TTM YoY, FY26 Q1: 6.4% Revenue growth, TTM YoY, FY26 Q2: -8.7% -8.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 43.8%
FY24 Q1 53.9%
FY24 Q2 60.8%
FY24 Q3 26.1%
FY24 Q4 47.8%
FY25 Q1 51.4%
FY25 Q2 72.7%
FY25 Q3 54.4%
FY25 Q4 24.6%
FY26 Q1 6.4%
FY26 Q2 -8.7%
Operating margin (TTM) Bridger Aerospace Group Holdings, Inc.
-150% -100% -50% 0% 50% FY22 Q4 FY23 Q3 FY24 Q2 FY25 Q3 Operating margin (TTM), FY22 Q4: -48.8% Operating margin (TTM), FY23 Q1: -110.2% Operating margin (TTM), FY23 Q2: -138.6% Operating margin (TTM), FY23 Q3: -63.4% Operating margin (TTM), FY23 Q4: -86.2% Operating margin (TTM), FY24 Q1: -45.5% Operating margin (TTM), FY24 Q2: -31.9% Operating margin (TTM), FY24 Q3: -15.6% Operating margin (TTM), FY24 Q4: 5.4% Operating margin (TTM), FY25 Q1: 9.6% Operating margin (TTM), FY25 Q2: 16.4% Operating margin (TTM), FY25 Q3: 20.7% 20.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY22 Q4 -48.8%
FY23 Q1 -110.2%
FY23 Q2 -138.6%
FY23 Q3 -63.4%
FY23 Q4 -86.2%
FY24 Q1 -45.5%
FY24 Q2 -31.9%
FY24 Q3 -15.6%
FY24 Q4 5.4%
FY25 Q1 9.6%
FY25 Q2 16.4%
FY25 Q3 20.7%
FCF margin (TTM) Bridger Aerospace Group Holdings, Inc.
-100% -50% 0% 50% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -94.8% FCF margin (TTM), FY23 Q4: -71.8% FCF margin (TTM), FY24 Q1: -33.5% FCF margin (TTM), FY24 Q2: -40.9% FCF margin (TTM), FY24 Q3: -44.6% FCF margin (TTM), FY24 Q4: -38.8% FCF margin (TTM), FY25 Q1: -32.6% FCF margin (TTM), FY25 Q2: -8.9% FCF margin (TTM), FY25 Q3: 18.7% FCF margin (TTM), FY25 Q4: -53.4% FCF margin (TTM), FY26 Q1: -61.7% FCF margin (TTM), FY26 Q2: -78.4% -78.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -94.8%
FY23 Q4 -71.8%
FY24 Q1 -33.5%
FY24 Q2 -40.9%
FY24 Q3 -44.6%
FY24 Q4 -38.8%
FY25 Q1 -32.6%
FY25 Q2 -8.9%
FY25 Q3 18.7%
FY25 Q4 -53.4%
FY26 Q1 -61.7%
FY26 Q2 -78.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 46 67 99 123 115
Gross profit 13 25 41 52 44
EBITDA −14 −46 23 — —
Operating income −23 −57 5 — —
Net income −42 −77 −16 4 −12
Diluted EPS −$4.10 −$1.00 −$0.81 −$0.42 —
Growth (year on year)
Revenue — +43.8% +47.8% +24.6% −8.7%
Margins
Gross margin 27.0% 38.0% 41.7% 42.1% 38.1%
EBITDA margin −29.2% −69.6% 23.1% — —
Operating margin −48.8% −86.2% 5.4% — —
Net margin −90.8% −116.0% −15.8% 3.4% −10.8%
Free-cash-flow margin −76.5% −71.3% 5.3% −52.3% −77.1%
Cash flow
Cash from operations −10 −27 9 17 −4
Capital spending 26 21 4 81 85
Free cash flow −36 −48 5 −64 −89
Stock-based pay 0 48 16 7 5
Free cash flow after stock pay −36 −95 −11 −71 −94
Balance sheet
Cash 30 23 39 31 7
Total debt 214 211 208 222 245
Net debt (negative = net cash) 183 188 169 191 238
Diluted shares 81m 78m 51m 54m —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 4 checks passed · June 30, 2026
What it owns · $324m
Short-term assets $32mLonger-term assets $292m
What it owes, and who funded it · $290m
Short-term liabilities $19mLonger-term liabilities $271mShareholders' equity $-387m
  • Short-term assets cover short-term liabilities $32m of assets due within a year against $19m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $32m short-term assets against $271m of longer-dated liabilities.
  • More cash than debt $7m of cash against $236m of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$4m of operating cash flow against $236m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Bridger Aerospace Group Holdings, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Sales & admin spending
37.4%
of revenue

Competitors: side by side with peers

Closest by revenue in aerospace & defense
Last 12 months unless stated BAER JOBY BKSY CEPL SIF IA Median
Revenue, last 12 months $115m $116m $109m $103m $99m $93m $727m
Revenue growth, last 12 months −8.7% >999% 4.1% 5.4% 18.8% 20.3% 15.0%
Revenue growth, 3-year average 36.3% — 13.7% 9.3% 14.8% 47.4% 12.7%
Revenue growth, latest quarter −0.8% >999% 50.1% −10.6% 18.3% 10.7% 15.5%
Gross margin 38.1% — — 34.0% 16.6% 54.9% 28.2%
Operating margin 20.7% −759.2% −43.4% 4.4% 5.2% 27.4% 9.5%
Operating margin, 3-year average −19.4% <−999% −42.8% −7.3% −2.3% 22.8% 5.8%
Net margin −10.8% −755.1% −61.2% 3.5% 4.0% 20.5% 5.5%
Cash from operations / revenue −3.4% −524.5% −49.7% 4.3% 4.1% 19.9% 5.1%
Free-cash-flow margin −78.4% −639.2% −63.9% 2.8% 3.4% 15.3% 3.3%
Free-cash-flow margin, 3-year average −42.7% <−999% −27.2% −7.4% −0.6% 11.7% 3.0%
Stock pay / revenue 4.5% 146.5% 15.0% 0.8% — 3.0% 1.5%
Change in share count — 22.2% — 28.4% 1.4% 3.3% 3.9%

Median of all 58 companies we cover in aerospace & defense. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $109M 88.6% ▲ 22.9%
ES $14M 11.4% ▲ 38.7%

From Bridger Aerospace Group Holdings, Inc.'s 10-K filed March 6, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$44.4M
Institutions reporting
59
Shares held vs prior quarter
▲ 5.7%
Positions opened / closed
9 / 20

Top buyers and sellers, Q2 2026: 24 institutions bought and 37 sold ; the biggest buyer was Cerity Partners LLC (+2.2M shares) and the biggest seller Enclave Advisors LLC (−305K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackstone Inc. $18.5M 9.6M 41.7% 0.0%
First Manhattan Co. Llc. $11.6M 6.0M 26.1% ▲ 4.5%
Cerity Partners LLC $4.7M 2.4M 10.6% ▲ 1035.6%
Vanguard Capital Management LLC $2.3M 1.2M 5.3% ▲ 5.2%
Marshall Wace, LLP $1.7M 868K 3.8% ▼ 15.0%
Geode Capital Management, LLC $626,761 326K 1.4% ▼ 1.5%
Pathstone Holdings, LLC $568,689 296K 1.3% New
Blackrock, Inc. $559,623 291K 1.3% ▲ 22.0%
Bridgeway Capital Management, LLC $490,719 256K 1.1% 0.0%
Peterson Wealth Advisors, LLC $447,980 233K 1.0% 0.0%
Highmark Wealth Management LLC $365,111 220K 0.8% ▲ 69.1%
Vanguard Fiduciary Trust Co $349,415 182K 0.8% ▲ 17.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Bridger Aerospace Group Holdings, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $517,000 5 trades by 1 insider, last 12 months Insider sales History → $6.1M 6 trades by 2 insiders · 0% under pre-set plans
Net ▼ $5.6M net selling
Insider Date Trade Shares Price Value
Kelter Jeffrey E Director September 1, 2026 Buy 100,000 $1.10 $110,000
Kelter Jeffrey E Director September 1, 2026 Buy 100,000 $1.09 $109,000
Kelter Jeffrey E Director August 20, 2026 Buy 50,000 $1.16 $58,000
Kelter Jeffrey E Director August 19, 2026 Buy 50,000 $1.20 $60,000
Grannus Holdings Manager - Nq Llc 10% owner August 11, 2026 Sell 46,817 $1.04 $48,690
Grannus Holdings Manager - Nq Llc 10% owner August 11, 2026 Sell 2,710,374 $1.04 $2.8M
Grannus Holdings Manager - Nq Llc 10% owner August 11, 2026 Sell 20,933 $1.04 $21,770
Bto Grannus Holdings Iv - Nq Llc 10% owner August 4, 2026 Sell 14,316 $1.70 $24,337
Bto Grannus Holdings Iv - Nq Llc 10% owner August 4, 2026 Sell 1,853,665 $1.70 $3.2M
Bto Grannus Holdings Iv - Nq Llc 10% owner August 4, 2026 Sell 32,019 $1.70 $54,432
Kelter Jeffrey E Director December 3, 2025 Buy 100,000 $1.80 $180,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 12, 2026
  • March 5, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Bridger Aerospace Group Holdings, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Bridger Aerospace Group Holdings, Inc. in brief

What does Bridger Aerospace Group Holdings, Inc. do?
Bridger Aerospace Group Holdings, Inc. is a US-listed company in the aerospace & defense industry. Its financial year ends in December.
What is Bridger Aerospace Group Holdings, Inc.'s stock ticker?
Bridger Aerospace Group Holdings, Inc. trades under the ticker BAER on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Bridger Aerospace Group Holdings, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Bridger Aerospace Group Holdings, Inc. reported revenue of $115M, 8.7% lower than a year earlier, according to its SEC filings.
What is Bridger Aerospace Group Holdings, Inc.'s free cash flow?
Bridger Aerospace Group Holdings, Inc.'s free-cash-flow margin is -78.4% of revenue over the trailing twelve months.
Who are Bridger Aerospace Group Holdings, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackstone Inc., First Manhattan Co. Llc. and Cerity Partners LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Bridger Aerospace Group Holdings, Inc.'s market cap?
On December 31, 2025, Bridger Aerospace Group Holdings, Inc.'s market capitalisation was about $99.3M, with a price-to-earnings ratio of 24.0 and net debt of $191M. Market figures come from third-party market data and may be delayed.
Who are Bridger Aerospace Group Holdings, Inc.'s competitors?
In our Aerospace & Defense peer group, the companies closest to Bridger Aerospace Group Holdings, Inc. are Joby Aviation, Inc., Blacksky Technology Inc., Capstone Energy Plus, Inc., Sifco Industries Inc and Innovative Solutions & Support Inc. The side-by-side comparison below sets their revenue, margins and growth against Bridger Aerospace Group Holdings, Inc.'s.
Are insiders buying or selling Bridger Aerospace Group Holdings, Inc. stock?
Over the last 12 months, Bridger Aerospace Group Holdings, Inc.'s directors and officers reported 5 open-market purchases and 6 sales on Form 4. The insider trading page charts every trade.
When is Bridger Aerospace Group Holdings, Inc.'s next earnings date?
Around November 16, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Bridger Aerospace Group Holdings, Inc. announces its own schedule.