Bridger Aerospace Group Holdings Inc., one of the nation's largest aerial firefighting companies, reported record results for the first quarter ended March 31, 2025. The company achieved record revenue of $15.6 million for Q1 2025, a significant increase compared to $5.5 million in the same period in 2024. The increase in revenue resulted from the earliest deployment of Super Scoopers in the company's history, starting in January 2025 in California, followed by operations in Oklahoma and North Carolina in March, indicating a trend of year-round wildfire activity. Despite the increase in revenue, Bridger Aerospace reported a net loss of $15.5 million for Q1 2025, an improvement over the net loss of $20.1 million in Q1 2024. The negative Adjusted EBITDA was reduced to $5.1 million in Q1 2025, compared to a higher negative figure in the previous year. The company has announced a first-of-its-kind exclusive-use contract with the state of Montana to provide wildfire detection and mapping using a specially modified Daher Kodiak 100 aircraft. Additionally, Bridger Aerospace secured a new five-year contract worth $20.1 million with the U.S. Department of the Interior to support operations in the state of Alaska. Bridger Aerospace reiterated its confidence in meeting the 2025 guidance of Adjusted EBITDA of $42 million to $48 million on revenue of $105 million to $111 million. The outlook remains positive for continued improvement in cash provided by operating activities in 2025.