Sign in

Bristow Group (VTOL)

Earnings summaries and quarterly performance for Bristow Group.

Recent press releases and 8-K filings for VTOL.

Beta Technologies Advances Autonomous VTOL Capabilities with Near Earth Autonomy Partnership
VTOL
New Projects/Investments
Product Launch
  • Beta Technologies is collaborating with Near Earth Autonomy to advance autonomous capabilities for its electric and hybrid VTOL aircraft, targeting defense and commercial logistics markets.
  • The partnership anticipates flight testing to commence in the first half of 2026, with a full demonstration expected within a year and potential deployment within 18 to 36 months.
  • Beta's autonomous aircraft, including the MV250 hybrid-electric VTOL cargo aircraft, are designed to nearly double payload capacity, offer faster speeds, and achieve longer ranges.
  • The company recently completed a $1 billion IPO on the New York Stock Exchange, which is expected to support accelerated development and market expansion in autonomous electric aircraft.
Nov 21, 2025, 5:24 AM
Bristow Group Reports Strong Q3 2025 Adjusted EBITDA and Projects 27% Growth for 2026
VTOL
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Bristow Group reported adjusted EBITDA of $67.1 million for Q3 2025, representing a sequential increase of $6.4 million.
  • The company updated and tightened its 2025 adjusted EBITDA guidance to $240 million-$250 million and its 2026 guidance to $295 million-$325 million, projecting a 27% year-over-year increase in adjusted EBITDA at the midpoint for 2026.
  • Bristow anticipates significant growth in its government services business in 2026, with adjusted operating income nearly doubling year-over-year as new contracts become fully operational.
  • Despite persistent supply chain challenges impacting aircraft availability, the company maintains a positive long-term outlook for offshore energy services, with strong performance expected to continue into 2026.
  • Bristow projects approximately $140 million in free cash flow for 2026 at the midpoint of guidance, with total CapEx estimated at $100 million for the year.
Nov 5, 2025, 3:00 PM
VTOL Reports Q3 2025 Financial Results and Updates 2025 Outlook
VTOL
Earnings
Guidance Update
Dividends
  • For Q3 2025, VTOL reported total revenues of $386 million and Adjusted EBITDA of $67 million, reflecting increases from the previous quarter.
  • As of September 30, 2025, the company maintained a strong liquidity position with $245.5 million in unrestricted cash and $313.4 million in total liquidity, with Net Debt reported at $441 million.
  • VTOL made $24.8 million of accelerated principal payments on its UKSAR Debt facility during Q3 2025 and aims to reduce gross debt to approximately $500 million by the end of 2026.
  • The company plans to initiate a quarterly dividend program in Q1 2026 with an initial payment of $0.125 per share and has $121.0 million remaining under its share repurchase program.
  • The updated 2025 outlook projects total revenues between $1,455 million and $1,525 million and Adjusted EBITDA between $240 million and $250 million.
Nov 5, 2025, 3:00 PM
Bristow Group Reports Strong Q3 2025 Results and Projects 27% Adjusted EBITDA Growth for 2026
VTOL
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Bristow Group reported Adjusted EBITDA of $67.1 million for Q3 2025, reflecting a sequential increase of $6.4 million, primarily driven by its government and other services segments.
  • The company tightened its 2025 Adjusted EBITDA guidance to $240 million-$250 million and its 2026 Adjusted EBITDA guidance to $295 million-$325 million, projecting an approximate 27% increase from the 2025 to 2026 midpoint.
  • Bristow anticipates strong growth in its Government Services segment, with the 2026 adjusted operating income midpoint reflecting a 76% increase over 2025, and expects its Offshore Energy Services segment to continue strong performance with 2026 adjusted operating income guidance of $225 million-$235 million.
  • Despite persistent supply chain challenges impacting aircraft availability and new deliveries, Bristow maintains a strong liquidity position with approximately $246 million in unrestricted cash and $313 million in total available liquidity as of Q3 2025, and expects approximately $140 million in free cash flow for 2026.
Nov 5, 2025, 3:00 PM
Bristow Group Reports Strong Q3 2025 Financial Performance and Raises 2026 Adjusted EBITDA Guidance
VTOL
Earnings
Guidance Update
New Projects/Investments
  • Bristow Group reported Adjusted EBITDA of $67.1 million for Q3 2025, with total revenues increasing by $9.9 million and Adjusted EBITDA increasing by $6.4 million on a consolidated sequential basis.
  • The company tightened its 2025 Adjusted EBITDA guidance to $240 million-$250 million and its 2026 Adjusted EBITDA guidance to $295 million-$325 million, representing a 27% increase year-over-year at the midpoint.
  • This positive outlook is supported by the government services business, with adjusted operating income expected to increase by 76% in 2026 compared to 2025, and continued strong performance from the offshore energy services segment.
  • Bristow anticipates total capital expenditures of approximately $100 million in 2026, comprising roughly $20 million for maintenance and $80 million for growth, which is expected to generate approximately $140 million in free cash flow at the midpoint of guidance.
  • Supply chain challenges continue to impact aircraft availability and new deliveries, particularly for offshore-configured AW189s, though the situation for S-92 heavy helicopters has shown some improvement.
Nov 5, 2025, 3:00 PM
Bristow Group Reports Strong Q3 2025 Results and Updates 2025-2026 Outlook
VTOL
Earnings
Guidance Update
Dividends
  • Bristow Group reported total revenues of $386.3 million for the third quarter ended September 30, 2025, an increase from $376.4 million in the preceding quarter.
  • Net income for Q3 2025 was $51.5 million, or $1.72 per diluted share, compared to net income of $31.7 million, or $1.07 per diluted share, in Q2 2025.
  • Adjusted EBITDA for Q3 2025 increased to $67.1 million from $60.7 million in Q2 2025.
  • The company updated its 2025 Adjusted EBITDA outlook range to $240 - $250 million and its 2026 Adjusted EBITDA outlook range to $295 - $325 million.
  • Bristow Group plans to initiate a quarterly dividend program beginning in Q1 2026, with an initial dividend payment of $0.125 per share.
Nov 4, 2025, 9:30 PM
Bristow Group Reports Strong Q3 2025 Results and Updates 2025-2026 Outlook
VTOL
Earnings
Guidance Update
  • Bristow Group reported total revenues of $386.3 million and net income of $51.5 million, or $1.72 per diluted share, for the third quarter ended September 30, 2025, an increase from Q2 2025.
  • Adjusted EBITDA for Q3 2025 was $67.1 million, compared to $60.7 million in Q2 2025.
  • The company updated its 2025 Adjusted EBITDA outlook to a range of $240 - $250 million and its 2026 Adjusted EBITDA outlook to $295 - $325 million.
  • Government Services revenues increased to $100.9 million in Q3 2025, up from $92.5 million in Q2 2025, primarily due to the ongoing transition of the Irish Coast Guard contract.
  • As of September 30, 2025, Bristow Group had total liquidity of $313.4 million, including $245.5 million in unrestricted cash.
Nov 4, 2025, 9:30 PM