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Companies / Industrials / Bridger Aerospace Group Holdings, Inc.
BAER

Bridger Aerospace Group Holdings, Inc.

IndustrialsBusiness Services
Ticker BAERBELGRADE, MTFiscal year ends DecemberBook value per share $-6.93Diluted shares 55.9M

Bridger Aerospace Group Holdings, Inc. (BAER) operates as a specialized aerial firefighting and surveillance services provider serving federal, state, and local governmental entities throughout North America. The company's website is bridgeraerospace.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$122.83M
+24.6% year over year
Last 12 mo $115.44M
12.54%
+7.1 percentage points
Last 12 mo 0.67%
$4.14M
+126.6% year over year
Last 12 mo $-12.43M
-1.21%
−6 percentage points
Last 12 mo 3.21%
Cash & financing
$16.73M
+78.9% year over year
Last 12 mo $-3.88M
$-65.54M
−1692.6% year over year
Last 12 mo $-90.47M
-0.62
Was -0.63× a year earlier
Last 12 mo -0.61
54.3M
+7.4% year over year
Last 12 mo 55.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Bridger Aerospace Group Holdings, Inc. does

In the company’s own words

Bridger Aerospace Group Holdings, Inc. (BAER) operates as a specialized aerial firefighting and surveillance services provider serving federal, state, and local governmental entities throughout North America. The company's website is bridgeraerospace.com.

Founded in 2014 in Bozeman, Montana, Bridger has evolved into one of the largest commercial operators of purpose-built amphibious firefighting aircraft in the world. The company operates a fleet of nineteen aircraft, including eight Super Scoopers (CL-415EAF amphibious water-scooping aircraft), four Daher Kodiak 100s, four Pilatus PC-12s, two Beechcraft King Air 350s, and one Twin Commander. The Super Scooper aircraft represent the company's flagship asset, capable of scooping up to 1,412 gallons of water in approximately twelve seconds and delivering approximately 50,000 gallons of water before requiring refueling.

Bridger's service portfolio comprises three core offerings: fire suppression through Super Scooper deployment, aerial surveillance via manned Air Attack aircraft and Multi-Mission Aircraft equipped with advanced sensors and real-time data streaming capabilities, and maintenance, repair, and overhaul services for amphibious aircraft and airframe modification solutions. The company's integrated software platform, Ignis, transforms airborne sensor data into real-time operational intelligence for incident commanders.

As of December 31, 2025, Bridger employed 235 personnel headquartered in Belgrade, Montana, with operations based at Bozeman Yellowstone International Airport. The company maintains long-standing contracts with the U.S. Forest Service, Department of Interior, and numerous state agencies across high-risk fire regions. Key contracts include a nationwide Super Scooper fire suppression agreement extending through the 2026 fire season and a National Multiple Award Task Order Contract for light fixed-wing aircraft services across five USDA regions.

The company's competitive advantages include its large commercial Super Scooper fleet, highly skilled pilot and maintenance personnel with extensive firefighting experience, long-standing governmental relationships, and comprehensive safety management systems. Bridger is positioned to capitalize on increasing federal and state wildfire management funding, extended fire seasons driven by climate change, and growing demand for rapid aerial suppression capabilities in the expanding wildland-urban interface.

Company details
Sector
Industrials
Industry (SIC)
Business Services
Headquarters
BELGRADE, MT
Fiscal year end
December
CIK
1941536
SIC
7389

Financial performance, year by year

Fiscal 2023–2025 · USD
$-97.38M$-37.32M$22.74M$82.79M$142.85M202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Bridger Aerospace Group Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

23
funds hold it
0 of 35
superinvestors hold it
$4.61M
held by funds, at market
3.4%
of shares held by funds

Largest fund holders · Bridger Aerospace Group Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.12%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
Ultra-Small Company Fund
BRUSX · Bridgeway Funds, Inc.
0.32%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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