# Bridger Aerospace Group Holdings, Inc. (BAERW)

> Source: Nexqual · https://nexqual.com/BAERW · data as of 2026-10-15 19:34 UTC · cite as "Nexqual, Bridger Aerospace Group Holdings, Inc. (BAERW), nexqual.com/BAERW" · informational, not investment advice.

**Price:** USD 0.07 (+14.57% on the day) · last close of Oct 15, 2026; US market pre market, not a live price. Prev close 0.06 · day 0.07–0.07 · 52w 0.07–0.07 · market cap null · NGM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $115M, net income -$12.4M (-10.8% margin), free cash flow -$89.0M (SEC filings).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $12.2M; 4 not under a Rule 10b5-1 plan ($12.2M).
- Analysts: None.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2023 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $46.4M | $66.7M | $98.6M | $123M | $115M |
| Gross profit | $12.5M | $25.4M | $41.1M | $51.7M | — |
| Operating income | -$22.6M | -$57.5M | $5.3M | — | — |
| Net income | -$42.1M | -$77.4M | -$15.6M | $4.1M | -$12.4M |
| EPS (diluted) | -$8.20 | -$1.00 | -$0.81 | -$0.42 | — |
| Free cash flow | -$35.5M | -$47.5M | $5.3M | -$64.2M | -$89.0M |
| Gross margin | 27.0% | 38.0% | 41.7% | 42.1% | — |
| Operating margin | -48.8% | -86.2% | 5.4% | — | — |
| Net margin | -90.8% | -116.0% | -15.8% | 3.4% | -10.8% |
| Revenue growth | — | +43.8% | +47.8% | +24.6% | — |
| Cash + short-term investments | $85.1M | — | — | $31.4M | — |
| Total debt | $208M | $207M | $205M | $213M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan |
|---|---|---|---|---|---|---|
| 2026-08-11 | Blackstone Holdings I L.P. |  | 2,778,124 | $2.9M | 98.7% | No |
| 2026-08-11 | Blackstone Holdings Ii L.P. |  | 2,778,124 | $2.9M | 98.7% | No |
| 2026-08-04 | Blackstone Holdings Ii L.P. |  | 1,900,000 | $3.2M | 97% | No |
| 2026-08-04 | Blackstone Holdings I L.P. |  | 1,900,000 | $3.2M | 97% | No |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

## Analysts
Consensus None.

## Peers
BAER (Bridger Aerospace Group Holding) USD 0.51 -8.73% · ARBEW (Arbe Robotics Ltd. Warrant) USD 0.02 +6.67% · ASTLW (Algoma Steel Group Inc. Warrant) USD 0 -42.86% · BFRGW (Bullfrog AI Holdings, Inc. Warr) USD 0.13 +0.00% · AUROW (Aurora Innovation, Inc.) USD 0.01 -18.75%

## More
Full page: https://nexqual.com/BAERW · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt