Bridger Aerospace Group Holdings, Inc. balance sheet
At the end of fiscal 2025, Bridger Aerospace Group Holdings, Inc. had total assets of $330m, total liabilities of $266m and shareholders' equity of −$343m. It held $31.4m in cash against $222m of debt: net debt of $191m.
Balance sheet
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | 30 | 23 | 39 | 31 | 7 |
| Receivables | 0 | 4 | 6 | 3 | 21 |
| Total current assets | 107 | 45 | 64 | 40 | 32 |
| Goodwill | 2 | 13 | 21 | 21 | 21 |
| Total assets | 306 | 273 | 291 | 330 | 324 |
| Accounts payable | 3 | 4 | 5 | 3 | 5 |
| Total current liabilities | 24 | 25 | 23 | 17 | 19 |
| Short-term debt | 2 | 2 | 2 | 1 | 3 |
| Long-term debt | 205 | 205 | 202 | 212 | 233 |
| Total debt | 214 | 211 | 208 | 222 | 245 |
| Total liabilities | 231 | 247 | 237 | 266 | 290 |
| Shareholders' equity | −414 | −328 | −327 | −343 | −387 |
| Non-controlling interests and other (assets − liabilities − equity) | 489 | 355 | 380 | 407 | 421 |
| Net debt (negative = net cash) | 183 | 188 | 169 | 191 | 238 |
| Shares outstanding | 78m | — | 54m | 56m | 59m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 27 | 6 | 10 | 18 | 18 | 3 | 7 | 21 |
| Total current assets | 74 | 64 | 46 | 54 | 88 | 40 | 19 | 32 |
| Goodwill | 25 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Total assets | 307 | 291 | 276 | 279 | 311 | 330 | 314 | 324 |
| Accounts payable | 4 | 5 | 7 | 7 | 6 | 3 | 6 | 5 |
| Total current liabilities | 22 | 23 | 21 | 25 | 22 | 17 | 21 | 19 |
| Short-term debt | 2 | 2 | 2 | 3 | 3 | 1 | 3 | 3 |
| Long-term debt | 203 | 202 | 202 | 201 | 200 | 212 | 216 | 233 |
| Total debt | 205 | 205 | 204 | 204 | 203 | 213 | 219 | 236 |
| Total liabilities | 238 | 237 | 236 | 237 | 233 | 266 | 280 | 290 |
| Shareholders' equity | −304 | −327 | −347 | −351 | −322 | −343 | −380 | −387 |
| Non-controlling interests and other (assets − liabilities − equity) | 374 | 380 | 387 | 393 | 400 | 407 | 414 | 421 |
| Shares outstanding | 54m | 54m | 55m | 55m | 56m | 56m | 58m | 59m |
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