For the quarter ending 2026-03-31, VTOL had $50,894K increase in cash & cash equivalents over the period. -$49,564K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 13,065 | 18,676 | 51,591 | 59,160 |
| Depreciation and amortization expense | 25,817 | 20,609 | 19,911 | 41,146 |
| Losses (gains) on disposal of assets | 7,639 | -2,111 | 8,245 | 5,651 |
| Earnings from unconsolidated affiliates | 506 | 548 | -2 | 882 |
| Loss on extinguishment of debt | -2,849 | - | - | - |
| Deferred income taxes | 1,349 | 1,195 | -23,261 | 12,048 |
| Stock-based compensation expense | 3,948 | 4,145 | 4,425 | 8,325 |
| Amortization of deferred financing fees | 897 | 875 | 1,951 | 2,521 |
| Amortization of deferred contract costs | 4,150 | 3,697 | 3,680 | 4,046 |
| Discount amortization on long-term debt | - | 0 | - | - |
| Accounts receivable | 42,804 | -15,934 | 5,332 | 2,865 |
| Inventory, prepaid expenses and other assets | 9,654 | 20,763 | 16,019 | 62,991 |
| Accounts payable, accrued expenses and other liabilities | 278 | 30,982 | -5,646 | 43,579 |
| Net cash used in operating activities | -8,250 | 76,913 | 23,057 | 98,436 |
| Capital expenditures | 41,314 | 29,128 | 29,216 | 83,677 |
| Proceeds from asset dispositions | 24,901 | 1,978 | 28,627 | 24,089 |
| Net cash used in investing activities | -16,413 | -27,150 | -589 | -59,588 |
| Proceeds from borrowings | 500,000 | 0 | 0 | 5,831 |
| Debt issuance costs | 10,567 | 0 | 0 | 238 |
| Repayments of debt | 403,999 | 4,079 | 28,854 | 24,885 |
| Exercise of stock options | 519 | 74 | 1,315 | 4 |
| Purchase of treasury stock | 11,028 | 6,074 | 641 | 8,498 |
| Dividend payments | 3,701 | - | - | - |
| Net cash provided by (used in) financing activities | 71,224 | -10,079 | -28,180 | -27,786 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 4,333 | 3,242 | 563 | -6,489 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 50,894 | 42,926 | -5,149 | 4,573 |
| Cash, cash equivalents and restricted cash at beginning of period | 293,631 | 250,705 | 251,281 | - |
| Cash, cash equivalents and restricted cash at end of period | 344,525 | 293,631 | 250,705 | - |
Bristow Group Inc. (VTOL)
Bristow Group Inc. (VTOL)