Earnings Releases·Nov 3, 2026, 4:30 PM ET

Bristow Group — Third Quarter 2026 Earnings Summary

**Financial Performance:** Q3 2026 total revenues rose 6.4% sequentially to $437.9 million, while net income increased to $27.7 million ($0.93 per share) from $21.2 million in Q2; Adjusted EBITDA reached $89.6 million and Free Cash Flow grew to $56.0 million.
**Guidance & Outlook:** The company affirmed full-year 2026 revenue guidance of $1.64–$1.70 billion and Adjusted EBITDA guidance of $300–$320 million, with management expecting supply chain constraints to stabilize in 2027 to restore margins on government contracts.
**Strategic Growth:** Bristow Special Missions (formerly Berry Aviation) closed in July 2026 and contributed $16.9 million to Government Services and $9.2 million to Other Services revenue, with growth expected to accelerate in Q4 2026 and 2027.
**Capital Allocation:** The company repurchased 547,785 shares for $25.0 million in Q3, leaving $96.0 million available under its authorized program, and declared a quarterly cash dividend of $0.125 per share.