Bristow Group reported second-quarter 2026 revenue of $411.8 million and affirmed its full-year adjusted EBITDA guidance of $295 million to $325 million, representing approximately 25% year-over-year growth. The company completed the $105 million cash acquisition of Berry Aviation on July 13, 2026, which is expected to be immediately accretive to earnings and free cash flow while bolstering the EBITDA margin profile. In a separate initiative, Bristow announced it is pursuing the sale of its Norway Offshore Energy Services business as part of its long-standing portfolio optimization strategy. Government Services segment guidance was updated to $475 million to $495 million in revenue and $55 million to $65 million in adjusted operating income, reflecting the inclusion of Berry Aviation contracts and an $8 million adverse impact from supply chain delays. The company also declared a quarterly cash dividend of $0.125 per share.
Bristow Group IncAffirms 2026 EBITDA guidance, completes accretive acquisition, and plans portfolio optimization.
Acquired by Bristow for $105M cash, expected to be immediately accretive.
