Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Total revenues $ 1,490,512 $ 1,415,491 $ 1,297,429
Operating expenses      
Personnel 378,999 340,560 323,681
Repairs and maintenance 236,931 273,284 253,916
Insurance 24,900 24,907 23,785
Fuel 81,435 86,946 91,499
Leased-in equipment 106,607 103,540 99,096
Other 273,407 212,881 198,426
Total operating expenses 1,102,279 1,042,118 990,403
General and administrative expenses 174,121 175,550 181,745
Merger and integration costs 0 0 2,201
Depreciation and amortization expense 70,269 68,287 70,606
Total costs and expenses 1,346,669 1,285,955 1,244,955
Gains (losses) on disposal of assets 11,785 (1,045) 1,112
Earnings from unconsolidated affiliates 3,178 4,117 7,165
Operating income 158,806 132,608 60,751
Interest income 9,354 8,901 8,646
Interest expense, net (39,918) (37,581) (41,417)
Other, net 22,994 (1,865) (9,968)
Total other income (expense), net (7,570) (30,545) (42,739)
Income before income taxes 151,236 102,063 18,012
Income tax expense (21,809) (7,193) (24,932)
Net income (loss) 129,427 94,870 (6,920)
Net loss (income) attributable to noncontrolling interests (353) (73) 140
Net income (loss) attributable to Bristow Group Inc. $ 129,074 $ 94,797 $ (6,780)
Earnings (losses) per common share:      
Basic (in dollars per share) $ 4.47 $ 3.32 $ (0.24)
Diluted (in dollars per share) $ 4.32 $ 3.21 $ (0.24)
Weighted average shares of common stock outstanding:      
Basic (in shares) 28,864 28,515 28,139
Diluted (in shares) 29,884 29,552 28,139