Bristow Group Reports Third Quarter 2026 Results
Q3 net income $27.7M ($0.93/sh) vs $21.2M in Q2; revenue $437.9M; adj. EBITDA $89.6M; 2026 midpoint affirmed.
What this release says
Bristow Group reported higher revenue, net income and Adjusted EBITDA for the September 2026 quarter compared with the June quarter, with growth driven partly by the Berry Aviation acquisition. The company also bought back $25.0 million of stock and declared a quarterly dividend, and it kept the midpoint of its full-year 2026 Adjusted EBITDA guidance. For a shareholder, the release shows steady profit growth and continued capital returns, while the CEO points to supply chain delays weighing on Government Services margins.
Key figures
- Q3 2026 total revenues
- $437.9 million
- Q3 2026 net income
- $27.7 million
- Q3 2026 diluted EPS
- $0.93
- Q3 2026 Adjusted EBITDA
- $89.6 million
- Shares repurchased in Q3
- 547,785 shares
- Quarterly cash dividend
- $0.125 per share
Positive for shareholders
- Revenue, net income and Adjusted EBITDA all rose from the June 2026 quarter.
- Operating income from Offshore Energy Services increased, helped by lower operating expenses.
- The company repurchased $25.0 million of its stock and declared a quarterly cash dividend.
- Management reaffirmed the midpoint of its full-year 2026 Adjusted EBITDA guidance.
Negative for shareholders
- Margins in Government Services are depressed by delayed aircraft modification programs for new search and rescue contracts.
- Revenue from Offshore Energy Services fell by $5.6 million, with lower utilization in Europe.
- Management expects the supply chain issues to stabilize only during 2027.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Adjusted EBITDA:
- A non-GAAP measure of earnings before interest, taxes, depreciation and amortization, adjusted for certain items the company chooses to exclude.
- Free Cash Flow:
- Operating cash flow minus capital spending, showing the cash a company generates after maintaining or growing its assets.
- Search and rescue (SAR) contracts:
- Long-term government contracts under which the company provides helicopter search and rescue services.
- Penalties:
- Reductions in contract revenue charged by customers when aircraft are unavailable or fail to meet performance requirements.
FAQ
How did Bristow Group's quarterly profit change in Q3 2026?
Net income attributable to the company rose to $27.7 million, or $0.93 per diluted share, from $21.2 million, or $0.70 per diluted share, in the prior quarter.
What did Bristow Group do with its cash in the quarter?
The company repurchased 547,785 shares for $25.0 million and declared a quarterly cash dividend of $0.125 per share.
Did Bristow Group change its 2026 Adjusted EBITDA outlook?
No, the company affirmed the midpoint of its 2026 Adjusted EBITDA guidance, though it updated its outlook ranges.
Historical context for VTOL
Across the 25 sessions after earlier VTOL headlines, the stock closed higher 12 times and lower 13 times, with a median move of 1.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | VTOL | SPY |
|---|---|---|---|
| Oct 30, 2026 | Bristow Group Declares Cash Dividend | -0.1% | -1.8% |
| Oct 28, 2026 | Bristow Group Announces Third Quarter 2026 Earnings Call | +1.1% | +0.3% |
| Oct 19, 2026 | Five Norwegian Sites Selected to Host Hybrid-Electric Aircraft Demonstrations in 2027 | -0.1% | +0.4% |
| Oct 15, 2026 | Bristow Group Names Paul Armstrong as Incoming Chief Operating Officer, Government Services | -3.7% | +0.3% |
| Aug 5, 2026 | BRISTOW GROUP REPORTS SECOND QUARTER 2026 RESULTS | -7.3% | -0.2% |
| Jul 31, 2026 | Bristow Group Declares Cash Dividend | +1.3% | +0.7% |
Keep researching VTOL
- VTOL earnings historyPast Bristow Group Inc. earnings releases, newest first.
- What is Earnings per share?A company's net income available to common shareholders divided by its weighted average shares outstanding, reported as basic and diluted figures.
- How to read an earnings reportAn earnings report is a company's quarterly results release, usually filed under 8-K Item 2.02. Learn how to read revenue, EPS, margins, guidance and the 10-Q.
- Earnings calendarWho reports this week, and the results as they come out.
- VTOL financial statementsRevenue, profit, cash flow and balance sheet from Bristow Group Inc.'s SEC filings.
- VTOL insider tradesEvery buy and sale reported by Bristow Group Inc. officers, directors and large holders.
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Transportation Services
Follow VTOL and get a push notification the moment its next story breaks.