Joshua Sullivan

Jason Bandel

Steven Silver

Alex Wethel

Chris Lee

Colby Sasso

Josh Sullivan

Keith Beckmann

Laura Lee

Nicolai Tørnfeldt

Savi Syth

Steve Silver

- For Q3 2025, VTOL reported **total revenues of $386 million** and **Adjusted EBITDA of $67 million**, reflecting increases from the previous quarter.  **[0001525221_2232996:12]** 
- 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**.  **[0001525221_2232996:16]** 
- 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**.  **[0001525221_2232996:12]** **[0001525221_2232996:17]** 
- 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.  **[0001525221_2232996:17]** 
- The updated 2025 outlook projects **total revenues between $1,455 million and $1,525 million** and **Adjusted EBITDA between $240 million and $250 million**.  **[0001525221_2232996:15]**

VTOL Reports Q3 2025 Financial Results and Updates 2025 Outlook

- 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.  **[1525221_0001525221-25-000071_q32025exhibit991.htm:0]** 
- 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.  **[1525221_0001525221-25-000071_q32025exhibit991.htm:0]** 
- Adjusted EBITDA for Q3 2025 increased to **$67.1 million** from $60.7 million in Q2 2025.  **[1525221_0001525221-25-000071_q32025exhibit991.htm:0]** 
- The company updated its 2025 Adjusted EBITDA outlook range to **$240 - $250 million** and its 2026 Adjusted EBITDA outlook range to **$295 - $325 million**.  **[1525221_0001525221-25-000071_q32025exhibit991.htm:0]** **[1525221_0001525221-25-000071_q32025exhibit991.htm:3]** 
- Bristow Group plans to initiate a quarterly dividend program beginning in Q1 2026, with an initial dividend payment of **$0.125 per share**.  **[1525221_0001525221-25-000071_ex992q32025ep.htm:8]**

Bristow Group Reports Strong Q3 2025 Results and Updates 2025-2026 Outlook

- 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.  **[1525221_20251104DA15527:0]** 
- Adjusted EBITDA for Q3 2025 was **$67.1 million**, compared to $60.7 million in Q2 2025.  **[1525221_20251104DA15527:0]** 
- 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**.  **[1525221_20251104DA15527:0]** **[1525221_20251104DA15527:3]** 
- 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.  **[1525221_20251104DA15527:1]** 
- As of September 30, 2025, Bristow Group had total liquidity of **$313.4 million**, including **$245.5 million** in unrestricted cash.  **[1525221_20251104DA15527:3]**

Bristow Group (VTOL)