Bristow Group Inc.

For the period ended Mar 31, 2025. Filed May 7, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 7, 2025

VTOL$38.27+2.3%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

	March 31,2025	December 31,2024
ASSETS
Current assets:
Cash and cash equivalents	$191,127	$247,503
Restricted cash	2,802	3,778
Accounts receivable, net of allowance of $45 and $42, respectively	253,926	211,590
Inventories	122,936	114,509
Prepaid expenses and other current assets	44,210	42,078
Total current assets	615,001	619,458
Property and equipment, net of accumulated depreciation of $290,376 and $273,481, respectively	1,129,679	1,076,221
Investment in unconsolidated affiliates	23,126	22,424
Right-of-use assets	248,726	264,270
Other assets	155,660	142,873
Total assets	$2,172,192	$2,125,246
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$99,282	$83,462
Accrued wages, benefits and related taxes	47,156	54,406
Income taxes payable and other accrued taxes	19,143	16,229
Deferred revenue	23,348	15,186
Accrued maintenance and repairs	26,154	30,698
Current portion of operating lease liabilities	78,323	78,359
Accrued interest and other accrued liabilities	22,088	28,946
Current maturities of long-term debt	19,184	18,614
Total current liabilities	334,678	325,900
Long-term debt, less current maturities	682,764	671,169
Other liabilities and deferred credits	10,586	8,937
Deferred taxes	41,104	39,019
Long-term operating lease liabilities	171,757	188,949
Total liabilities	$1,240,889	$1,233,974
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock, $0.01 par value, 110,000 authorized; 28,775 and 28,628 outstanding, respectively	317	315
Additional paid-in capital	745,622	742,072
Retained earnings	340,124	312,765
Treasury stock, at cost; 2,770 and 2,692 shares, respectively	(72,271)	(69,776)
Accumulated other comprehensive loss	(82,076)	(93,669)
Total Bristow Group Inc. stockholders’ equity	931,716	891,707
Noncontrolling interests	(413)	(435)
Total stockholders’ equity	931,303	891,272
Total liabilities and stockholders’ equity	$2,172,192	$2,125,246

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.