Earnings summaries and quarterly performance for Bristow Group.
Executive leadership at Bristow Group.
Christopher S. Bradshaw
Detailed
President and Chief Executive Officer
CEO
AC
Alan Corbett
Chief Operating Officer, Government Services
EM
Elizabeth Matthews
Senior Vice President, General Counsel, Head of Government Affairs, and Corporate Secretary
JD
Jennifer D. Whalen
Senior Vice President, Chief Financial Officer
SS
Stuart Stavley
Chief Operating Officer, Offshore Energy Services
Board of directors at Bristow Group.
Research analysts who have asked questions during Bristow Group earnings calls.
Steven Silver
Argus Research
5 questions for VTOL
Also covers: BBW, BIAF, CCG +8 more
Jason Bandel
Evercore
4 questions for VTOL
Also covers: ERII
Josh Sullivan
The Benchmark Company, LLC
3 questions for VTOL
Also covers: ACHR, CRS, CSTM +8 more
Joshua Sullivan
The Benchmark Company
3 questions for VTOL
Also covers: ACHR, AIR, ATI +13 more
Colby Sasso
Daniel Energy Partners
2 questions for VTOL
Also covers: OII, TTI, TUSK
AW
Alex Wethel
Arctic Securities
1 question for VTOL
CL
Chris Lee
Independent Analyst
1 question for VTOL
Also covers: GIL
Keith Beckmann
Pickering Energy Partners
1 question for VTOL
KS
Kobe Sasa
Daniel Energy Partners
1 question for VTOL
LL
Laura Lee
Deutsche Bank
1 question for VTOL
Also covers: BLDE, EH, LOT
NT
Nicolai Tørnfeldt
Fearnley Securities
1 question for VTOL
SS
Savi Syth
Raymond James
1 question for VTOL
Also covers: AAL, JBLU, JOBY +4 more
Recent press releases and 8-K filings for VTOL.
Bristow Group closes $500 million senior secured notes offering and extends ABL facility
VTOL
Debt Issuance
Refinancing
- Bristow Group Inc. announced the closing of a private offering of $500 million aggregate principal amount of 6.750% senior secured notes due 2033 on January 26, 2026.
- A portion of the net proceeds from the new notes was used to satisfy and discharge approximately $397 million of outstanding 6.875% Senior Secured Notes due 2028.
- The company also amended and extended its asset-based revolving credit facility (ABL Facility) until 2031, reducing total commitments from $85 million to $70 million, with an option to increase up to $105 million.
- The remaining net proceeds from the offering are intended for general corporate purposes.
Jan 27, 2026, 1:52 PM
Bristow Secures First Delivery Slot for Electra EL9 Aircraft
VTOL
Product Launch
New Projects/Investments
- Bristow Group (VTOL) has entered into a binding Pre-Delivery Payment (PDP) deposit agreement with Electra.aero, Inc., securing the first delivery slot for the EL9 Ultra Short hybrid-electric aircraft.
- The agreement includes five firm delivery slots for the EL9's first year of production and option rights for an additional 45 aircraft.
- The EL9 aircraft is capable of carrying nine passengers or 3,000 pounds of cargo for 330 nautical miles, and Bristow intends to deploy it for advanced air mobility solutions for corporate, resort, airline, and government clients.
Jan 21, 2026, 1:00 PM
Bristow Group Announces Private Offering of Senior Secured Notes
VTOL
Debt Issuance
New Projects/Investments
- Bristow Group Inc. has commenced a private offering of $400 million aggregate principal amount of senior secured notes due 2033.
- The net proceeds from this offering will be used to fully redeem the 6.875% Senior Secured Notes due 2028, of which approximately $397 million aggregate principal amount was outstanding as of September 30, 2025.
- The company is also negotiating an ABL Amendment to its asset-backed revolving credit facility, which would reduce total commitments from $85 million to $70 million and extend the maturity date.
- On an as-adjusted basis as of September 30, 2025, following these transactions, the company would have had pro forma liquidity of $277.2 million, net debt of approximately $464.0 million, and a net leverage of approximately 1.9x.
Jan 13, 2026, 2:18 PM
Elroy Air Completes First A to B Cargo Delivery with Chaparral VTOL Aircraft
VTOL
Product Launch
New Projects/Investments
- Elroy Air successfully completed its first point A to point B cargo delivery on December 10th using its hybrid-electric VTOL aircraft, Chaparral.
- The Chaparral is an autonomous aerial system designed to carry up to 300 pounds of cargo across 300 miles for middle-mile logistics and military resupply.
- During the milestone flight, the drone autonomously carried 213 lbs over a distance of 2.6 miles in Byron, California.
- Elroy Air is focused on scaling production with Kratos Defense & Security Solutions as its exclusive U.S. manufacturing partner.
Dec 18, 2025, 2:00 PM
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
Quarterly earnings call transcripts for Bristow Group.
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