Growth Metrics

Bridger Aerospace Group Holdings (BAERW) Operating Expenses (2022 - 2026)

Bridger Aerospace Group Holdings (BAERW) reported Operating Expenses of $16.7 million for Q1 2026, up 86.1% year-over-year from $9.0 million in Q1 2025, and up 24.42% on a QoQ basis from $13.4 million in Q4 2025.

Bridger Aerospace Group Holdings (BAERW) has 5 years of Operating Expenses data on file, last reported at $16.7 million in Q1 2026.

  • Quarterly Operating Expenses rose 86.1% year-over-year to $16.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $44.7 million (up 33.5% YoY) and the FY2025 annual result came in at $36.3 million, up 1.29% from the prior year.
  • Operating Expenses improved to $16.7 million in Q1 2026 per BAERW's latest filing, from $13.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $33.2 million in Q1 2023 and bottomed at $4.8 million in Q1 2022.
  • The 5-year median for Operating Expenses is $9.0 million (2025), against an average of $12.3 million.
  • The widest annual swing landed in 2023, when Operating Expenses surged 586.36%; it then sank 62.35% in 2024.
  • Tracing BAERW's Operating Expenses over 5 years: stood at $6.5 million in 2022, then jumped by 198.54% to $19.4 million in 2023, then tumbled by 60.44% to $7.7 million in 2024, then jumped by 75.37% to $13.4 million in 2025, then advanced by 24.42% to $16.7 million in 2026.
  • Per Business Quant, the three latest BAERW Operating Expenses figures stand at $16.7 million (Q1 2026), $13.4 million (Q4 2025), and $7.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Allegion 11.20 Bn 10.89 Bn 454.50 Mn 259.20 Mn
2 MSA Safety 6.44 Bn 6.26 Bn 219.58 Mn 126.34 Mn
3 Adt 5.10 Bn 5.07 Bn 1.04 Bn 364.77 Mn
4 Brinks 4.39 Bn 3.98 Bn 382.40 Mn 1.20 Bn
5 Brady 4.08 Bn 3.90 Bn 225.47 Mn 152.26 Mn
6 Geo 3.01 Bn 2.92 Bn - 521.51 Mn
7 CoreCivic 2.08 Bn 1.87 Bn - 467.72 Mn
8 Napco Security Technologies 1.34 Bn 1.21 Bn 29.49 Mn 30.68 Mn
9 Evolv Technologies Holdings 1.14 Bn 1.08 Bn 23.60 Mn 32.07 Mn
10 Bridger Aerospace Group Holdings - - -8.54 Mn 16.73 Mn

Historic Data

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DateValue
Mar 31, 2026 16.73 Mn
Dec 31, 2025 13.45 Mn
Sep 30, 2025 7.72 Mn
Jun 30, 2025 6.82 Mn
Mar 31, 2025 8.99 Mn
Dec 31, 2024 7.67 Mn
Sep 30, 2024 8.64 Mn
Jun 30, 2024 8.20 Mn
Mar 31, 2024 12.51 Mn
Dec 31, 2023 19.38 Mn
Sep 30, 2023 15.06 Mn
Jun 30, 2023 15.19 Mn
Mar 31, 2023 33.23 Mn
Dec 31, 2022 6.49 Mn
Sep 30, 2022 18.06 Mn
Jun 30, 2022 5.74 Mn
Mar 31, 2022 4.84 Mn