Bristow Group Inc. (VTOL): Results of Operations and Financial Condition
Bristow Group Inc. (VTOL) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 q22026exhibit991.htm EX-99.1 Document Exhibit 99.1 BRISTOW GROUP REPORTS SECOND QUARTER 2026 RESULTS COMPLETES THE ACQUISITION OF BERRY AVIATION Houston, Texas August 4, 2026 Second Quarter Highlights • Total revenues of $411.8 million in Q2 2026 compared to $388.7 mill
How this was made
The 30-second read
Why it matters
Traders can update models using the reported Q2 financials (revenue, net income, Adjusted EBITDA, and Free Cash Flow) and the affirmed 2026 Adjusted EBITDA range, while monitoring whether Government Services transition costs and elevated penalties persist.
Market read
The combination of a quarterly print, acquisition completion, and affirmed full-year EBITDA range is a direct input to near-term valuation and guidance credibility.
What to watch
Free Cash Flow swung from negative in Q1 to positive in Q2, but the filing also notes ongoing supply chain challenges and fuel rebilling delays that could pressure future cash conversion.
Background
SEC Form 8-K Item 2.02 includes Q2 2026 results and commentary, plus disclosure that Bristow completed its acquisition of Berry Aviation and affirmed its 2026 Adjusted EBITDA outlook range.
Ticker impact
Bristow reported Q2 2026 results and completed the Berry Aviation acquisition, while affirming its 2026 Adjusted EBITDA outlook range of $295 to $325 million.
Likely near-term positive bias if investors view the acquisition as margin-accretive and the affirmed EBITDA range as credible despite supply-chain headwinds.
The article provides concrete Q2 revenue, net income, Adjusted EBITDA, and Free Cash Flow figures plus a specific affirmed 2026 Adjusted EBITDA range, but it does not quantify acquisition financial impact beyond qualitative statements.
Market effects
May influence sentiment around aviation services exposure to offshore energy and defense/government contracts, especially where supply-chain constraints affect aircraft availability and penalties.
Europe and Americas revenue drivers are discussed (fuel price and utilization), which can matter for regional demand and cost expectations.
Fuel price pass-through timing and supply-chain-driven availability penalties are highlighted, relevant to global operating-cost assumptions for similar operators.
Counterpoint
Affirmed 2026 Adjusted EBITDA guidance may be less reassuring if Government Services operating loss widened due to transition costs and elevated availability penalties.
Key entities
- companyBristow Group Inc.
Reported Q2 2026 results, completed the Berry Aviation acquisition, and affirmed 2026 Adjusted EBITDA outlook range.
- acquired_companyBerry Aviation
Acquisition completed last month, expanding Bristow’s Government Services special mission capabilities.
