Bristow Group Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
VTOL$40.23+5.1%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| Year Ended December 31, 2025 | Year Ended December 31, 2024 | Year Ended December 31, 2023 | |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net income (loss) | $129,427 | $94,870 | $(6,920) |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization expense | 81,666 | 83,188 | 85,586 |
| Losses (gains) on disposal of assets | (11,785) | 1,045 | (1,112) |
| Earnings from unconsolidated affiliates, net of dividends received | (1,428) | (3,742) | (6,828) |
| Deferred income taxes | (10,018) | (19,960) | 669 |
| Share-based compensation expense | 16,895 | 15,792 | 16,459 |
| Amortization of deferred financing fees | 5,347 | 3,318 | 2,847 |
| Amortization of deferred contract costs | 11,423 | 3,611 | — |
| Discount amortization on long-term debt | — | — | 473 |
| Increase (decrease) in cash resulting from changes in: | |||
| Accounts receivable | 7,737 | 9,288 | (27,024) |
| Inventory, prepaid expenses, and other assets | (99,773) | (44,724) | (39,848) |
| Accounts payable, accrued expenses and other liabilities | 68,915 | 34,734 | 7,735 |
| Net cash provided by operating activities | 198,406 | 177,420 | 32,037 |
| Cash flows from investing activities: | |||
| Capital expenditures | (142,021) | (255,393) | (81,507) |
| Proceeds from asset dispositions | 54,694 | 9,439 | 34,188 |
| Net cash used in investing activities | (87,327) | (245,954) | (47,319) |
| Cash flows from financing activities: | |||
| Proceeds from borrowings | 5,831 | 164,576 | 169,508 |
| Debt issuance costs | (238) | (4,524) | (2,714) |
| Repayment of debt | (57,818) | (15,401) | (142,046) |
| Exercise of stock options | 1,393 | 507 | — |
| Purchase of treasury shares | (15,213) | (4,054) | (2,713) |
| Net cash provided by (used in) financing activities | (66,045) | 141,104 | 22,035 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (2,684) | (4,951) | 13,226 |
| Net increase in cash, cash equivalents and restricted cash | 42,350 | 67,619 | 19,979 |
| Cash, cash equivalents and restricted cash at beginning of period | 251,281 | 183,662 | 163,683 |
| Cash, cash equivalents and restricted cash at end of period | $293,631 | $251,281 | $183,662 |
| Cash paid during the period for: | |||
| Interest | $46,800 | $43,269 | $39,475 |
| Income taxes, net | $26,717 | $20,781 | $19,279 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.