Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) Revenue History
Annual and quarterly revenue from 2020 to 2025
Compound Annual Growth Rate (CAGR)
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BAER Revenue Growth
Revenue Breakdown (FY 2025)
BAER's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BAER Revenue Analysis (2020–2025)
As of May 8, 2026, Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) generated trailing twelve-month (TTM) revenue of $122.8 million, reflecting significant decline in growth of -45.2% year-over-year. The most recent quarter (Q4 2025) recorded $8.5 million in revenue, down 87.4% sequentially.
Looking at the longer-term picture, BAER's 5-year compound annual growth rate (CAGR) stands at +55.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $122.8 million in 2025, representing a new all-time high.
Revenue diversification analysis shows BAER's business is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including CODA (+33.2% YoY), RCAT (+239.9% YoY), and JOBY (+69873.9% YoY), BAER has underperformed the peer group in terms of revenue growth. Compare BAER vs CODA →
BAER Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BAERCurrent | $123M | -45.2% | +55.7% | 12.5% | |
 CODA | $27M | +33.2% | +5.8% | 17.1% | |
 RCAT | $41M | +239.9% | +52.1% | -163.5% | |
 JOBY | $53M | +69873.9% | - | -1346.9% | |
 ACHR | $300,000 | - | - | -243100.0% |
BAER Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $122.8M | +24.6% | $51.7M | 42.1% | $15.4M | 12.5% |
| 2024 | $98.6M | +47.8% | $41.1M | 41.7% | $5.3M | 5.4% |
| 2023 | $66.7M | +43.8% | $25.4M | 38.0% | $-57,495,000 | -86.2% |
| 2022 | $46.4M | +17.8% | $12.5M | 27.0% | $-22,626,000 | -48.8% |
| 2021 | $39.4M | +193.6% | $12.8M | 32.5% | $1.6M | 4.0% |
| 2020 | $13.4M | - | $559K | 4.2% | $-8,857,932 | -66.0% |
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Start ComparisonBAER — Frequently Asked Questions
Quick answers to the most common questions about buying BAER stock.
Is BAER's revenue growth accelerating or slowing?
BAER revenue declined -45.2% year-over-year, contrasting with the 5-year CAGR of +55.7%. TTM revenue fell to $123M. This reverses the prior growth trend.
What is BAER's long-term revenue growth rate?
Bridger Aerospace Group Holdings, Inc. Common Stock's 5-year revenue CAGR of +55.7% reflects the variable expansion pattern. Current YoY growth of -45.2% is below this long-term average.
How is BAER's revenue distributed by segment?
BAER reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2025 are available for download. Segment mix reveals concentration and diversification trends.