Bridger Aerospace Group Holdings, Inc.
BAER, BAERW · Services-Business Services, NEC · 57.6M shares · +12%/yr ↑ shares · EDGAR filings ↗
Reference price $1.80 · est. market cap ~$104M — last insider purchase, 2025-12-03 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C64gen composite 44pct→64
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, CITADEL ADVISORS LLC
- Chronic dilutionShare count +12%/yr over 2y (dilution)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Cash burnNegative free cash flow (-64.2M)
- Negative equityNegative book equity (debt/equity -0.62)
- Notable holderHeld by 4 notable fund(s): GOLDMAN SACHS GROUP INC, STATE STREET CORP, FMR LLC +1 more (as of 2026-03-31)
- Revenue declineRevenue -45.6% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
42.1%
Net margin
3.4%
Return on equity
-1.2%
Return on assets
1.3%
Revenue growth (QoQ)
-45.6%
Debt / equity
-0.6×
Current ratio
2.4×
Free cash flow
-$64M
Tangible book value
-$370M
Cash & investments
$31M
Cash runway
2q
Stock comp / revenue
5.8%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Davis Samuel Carl | CEO & President | — |
| Andrews Adolphus William | Chief Operating Officer | — |
| Gerratt Eric L | Chief Financial Officer | — |
| Mogford Justin D | General Counsel & Corp. Sec. | — |
| Drohan Dan | Director | — |
| FASCITELLI ELIZABETH C | Director | — |
| FREEDMAN ERNEST MICHAEL | Director | — |
| Heller Dean | Director | — |
| Howard Hugh Wyman III | Director | — |
| KELTER JEFFREY E | Director | — |
| Pasricha Meghan | Director | — |
| SAVAGE ROBERT F JR | Director | — |
| Schellenberg David | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-30 | Schellenberg David | Grant | 28K | — |
| 2026-06-30 | SAVAGE ROBERT F JR | Grant | 28K | — |
| 2026-06-30 | Pasricha Meghan | Grant | 28K | — |
| 2026-06-30 | Heller Dean | Grant | 28K | — |
| 2026-06-30 | FREEDMAN ERNEST MICHAEL | Grant | 28K | — |
| 2026-06-30 | FASCITELLI ELIZABETH C | Grant | 28K | — |
| 2026-06-30 | Drohan Dan | Grant | 28K | — |
| 2026-06-04 | Schellenberg David | Grant | 45K | — |
| 2026-06-04 | KELTER JEFFREY E | Grant | 158K | — |
| 2026-06-04 | SAVAGE ROBERT F JR | Grant | 45K | — |
| 2026-06-04 | FREEDMAN ERNEST MICHAEL | Grant | 45K | — |
| 2026-06-04 | Howard Hugh Wyman III | Grant | 45K | — |
| 2026-06-04 | Pasricha Meghan | Grant | 45K | — |
| 2026-06-04 | Drohan Dan | Grant | 45K | — |
| 2026-06-04 | Heller Dean | Grant | 45K | — |
| 2026-06-04 | FASCITELLI ELIZABETH C | Grant | 45K | — |
| 2026-05-11 | Mogford Justin D | Grant | 212K | — |
| 2026-05-11 | Mogford Justin D | Grant | 239K | — |
| 2026-05-11 | Davis Samuel Carl | Grant | 319K | — |
| 2026-05-11 | Davis Samuel Carl | Grant | 1.0M | — |
| 2026-05-11 | Davis Samuel Carl | Grant | 266K | — |
| 2026-05-11 | Andrews Adolphus William | Grant | 266K | — |
| 2026-03-16 | Davis Samuel Carl | Tax withheld | 21K | $2.20 |
| 2026-03-16 | Muchmore James J | Tax withheld | 28K | $2.20 |
| 2026-03-09 | Andrews Adolphus William | Grant | 211K | — |
| 2026-03-09 | KELTER JEFFREY E | Grant | 100K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-05 | Shareholder vote | filing ↗ |
| 2026-05-12 | ResultsExhibits | filing ↗ |
| 2026-03-26 | Exec/director changeExhibits | filing ↗ |
| 2026-03-11 | Exec/director change | filing ↗ |
| 2026-03-05 | ResultsExhibits | filing ↗ |
| 2025-12-30 | Acquisition/dispositionReg FDExhibits | filing ↗ |
| 2025-11-24 | Material agreementReg FDExhibits | filing ↗ |
| 2025-11-21 | Exec/director changeReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-05 | 2026-06-04 | 0001941536-26-000014 ↗ |
| 8-K | 2026-05-12 | 2026-05-06 | 0001193125-26-219605 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001941536-26-000010 ↗ |
| DEF 14A | 2026-04-28 | 2026-06-04 | 0001140361-26-017494 ↗ |
| 8-K | 2026-03-26 | 2026-03-20 | 0001683168-26-002220 ↗ |
| 8-K | 2026-03-11 | 2026-03-04 | 0001683168-26-001688 ↗ |
| 10-K | 2026-03-06 | 2025-12-31 | 0001941536-26-000005 ↗ |
| 8-K | 2026-03-05 | 2026-03-05 | 0001171843-26-001361 ↗ |
| 8-K | 2025-12-30 | 2025-12-23 | 0001683168-25-009400 ↗ |
| 8-K | 2025-11-24 | 2025-11-21 | 0001683168-25-008629 ↗ |
| 8-K | 2025-11-21 | 2025-11-18 | 0001683168-25-008597 ↗ |
| 8-K | 2025-11-10 | 2025-11-10 | 0001683168-25-008097 ↗ |