Bristow Group Inc.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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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.
Jun 30, 2026 · Filed Aug 5, 2026
VTOL$40.23+5.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(Unaudited, in thousands, except per share amounts)
| Three Months Ended June 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Total revenues | $411,755 | $376,429 | $800,460 | $726,959 |
| Costs and expenses: | ||||
| Operating expenses | ||||
| Personnel | 101,193 | 88,729 | 204,762 | 176,040 |
| Repairs and maintenance | 60,561 | 64,788 | 129,130 | 126,103 |
| Insurance | 5,968 | 6,149 | 12,565 | 12,983 |
| Fuel | 33,328 | 20,399 | 53,474 | 39,274 |
| Leased-in equipment | 28,865 | 26,515 | 57,414 | 52,564 |
| Other | 73,013 | 71,911 | 139,120 | 128,712 |
| Total operating expenses | 302,928 | 278,491 | 596,465 | 535,676 |
| General and administrative expenses | 43,225 | 44,375 | 87,477 | 87,475 |
| Depreciation and amortization expense | 28,889 | 17,312 | 53,275 | 34,153 |
| Total costs and expenses | 375,042 | 340,178 | 737,217 | 657,304 |
| Gains on disposal of assets | 138 | 6,209 | 7,777 | 5,651 |
| Earnings from unconsolidated affiliates | 2,725 | 180 | 3,231 | 882 |
| Operating income | 39,576 | 42,640 | 74,251 | 76,188 |
| Interest income | 2,870 | 2,039 | 6,788 | 4,157 |
| Interest expense, net | (12,228) | (10,034) | (26,044) | (19,524) |
| Loss on extinguishment of debt | — | — | (2,849) | — |
| Other, net | (8,930) | 17,577 | (14,283) | 28,965 |
| Total other income (expense), net | (18,288) | 9,582 | (36,388) | 13,598 |
| Income before income taxes | 21,288 | 52,222 | 37,863 | 89,786 |
| Income tax expense | (108) | (20,443) | (3,618) | (30,626) |
| Net income | 21,180 | 31,779 | 34,245 | 59,160 |
| Net loss (income) attributable to noncontrolling interests | (26) | (31) | 15 | (53) |
| Net income attributable to Bristow Group Inc. | $21,154 | $31,748 | $34,260 | $59,107 |
| Earnings per common share: | ||||
| Basic | $0.71 | $1.10 | $1.16 | $2.06 |
| Diluted | $0.70 | $1.07 | $1.14 | $1.98 |
| Weighted average shares of common stock outstanding: | ||||
| Basic | 29,616 | 28,824 | 29,457 | 28,746 |
| Diluted | 30,011 | 29,788 | 30,049 | 29,826 |
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