Bristow Group Q1 2025 net income falls to $27.4 million; 2025 and 2026 outlook affirmed
Bristow Group reported first quarter 2025 revenue of $350.5 million, down from $353.5 million in the fourth quarter of 2024, and net income attributable to the company of $27.4 million, or $0.92 per diluted share, versus $31.8 million, or $1.07 per diluted share, in the prior quarter. The company affirmed its 2025 Adjusted EBITDA outlook of $230 million to $260 million and its 2026 outlook of $275 million to $335 million, so guidance was not changed.
Key points
- Q1 2025 total revenues were $350.5 million, compared with $353.5 million in Q4 2024.
- Net income attributable to Bristow Group was $27.4 million, or $0.92 per diluted share, compared with $31.8 million, or $1.07 per diluted share, in Q4 2024.
- Adjusted EBITDA was $57.7 million, consistent with $57.8 million in Q4 2024.
- Net cash used in operating activities was $0.6 million; working capital used $56.4 million of cash in the quarter. As of March 31, 2025, total liquidity was $254.3 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.