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Side-by-side financial comparison of Bridger Aerospace Group Holdings, Inc. (BAER) and Stabilis Solutions, Inc. (SLNG). Click either name above to swap in a different company.

Stabilis Solutions, Inc. is the larger business by last-quarter revenue ($13.3M vs $8.5M, roughly 1.6× Bridger Aerospace Group Holdings, Inc.). Stabilis Solutions, Inc. runs the higher net margin — -2.0% vs -177.2%, a 175.3% gap on every dollar of revenue. On growth, Stabilis Solutions, Inc. posted the faster year-over-year revenue change (-23.3% vs -45.2%). Stabilis Solutions, Inc. produced more free cash flow last quarter ($-2.5M vs $-78.4M). Over the past eight quarters, Bridger Aerospace Group Holdings, Inc.'s revenue compounded faster (24.6% CAGR vs -18.1%).

Bridger Aerospace is an American aerospace company which provides aerial firefighting and wildfire management services. The company has supported firefighting efforts in 24 U.S. states and two Canadian provinces.

Stabilis Solutions, Inc. is a leading North American small-scale liquefied natural gas (LNG) producer and distributor. It supplies LNG fuel, cryogenic services, and full-cycle energy solutions to industrial, remote power, transportation, and commercial clients across the United States and Canada, advancing low-emission energy transition efforts.

BAER vs SLNG — Head-to-Head

Bigger by revenue
SLNG
SLNG
1.6× larger
SLNG
$13.3M
$8.5M
BAER
Growing faster (revenue YoY)
SLNG
SLNG
+21.9% gap
SLNG
-23.3%
-45.2%
BAER
Higher net margin
SLNG
SLNG
175.3% more per $
SLNG
-2.0%
-177.2%
BAER
More free cash flow
SLNG
SLNG
$75.9M more FCF
SLNG
$-2.5M
$-78.4M
BAER
Faster 2-yr revenue CAGR
BAER
BAER
Annualised
BAER
24.6%
-18.1%
SLNG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BAER
BAER
SLNG
SLNG
Revenue
$8.5M
$13.3M
Net Profit
$-15.1M
$-262.0K
Gross Margin
-65.1%
24.7%
Operating Margin
-175.0%
-2.4%
Net Margin
-177.2%
-2.0%
Revenue YoY
-45.2%
-23.3%
Net Profit YoY
-17.9%
-112.4%
EPS (diluted)
$-0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BAER
BAER
SLNG
SLNG
Q4 25
$8.5M
$13.3M
Q3 25
$67.9M
$20.3M
Q2 25
$30.8M
$17.3M
Q1 25
$15.6M
$17.3M
Q4 24
$15.6M
$17.3M
Q3 24
$64.5M
$17.6M
Q2 24
$13.0M
$18.6M
Q1 24
$5.5M
$19.8M
Net Profit
BAER
BAER
SLNG
SLNG
Q4 25
$-15.1M
$-262.0K
Q3 25
$34.5M
$1.1M
Q2 25
$308.0K
$-613.0K
Q1 25
$-15.5M
$-1.6M
Q4 24
$-12.8M
$2.1M
Q3 24
$27.3M
$997.0K
Q2 24
$-10.0M
$27.0K
Q1 24
$-20.1M
$1.5M
Gross Margin
BAER
BAER
SLNG
SLNG
Q4 25
-65.1%
24.7%
Q3 25
68.9%
27.6%
Q2 25
39.2%
26.5%
Q1 25
-10.0%
26.2%
Q4 24
1.2%
28.5%
Q3 24
64.3%
28.3%
Q2 24
24.2%
27.1%
Q1 24
31.6%
Operating Margin
BAER
BAER
SLNG
SLNG
Q4 25
-175.0%
-2.4%
Q3 25
57.5%
5.5%
Q2 25
18.0%
-2.4%
Q1 25
-64.9%
-9.7%
Q4 24
-48.0%
12.8%
Q3 24
50.9%
5.0%
Q2 24
-36.5%
2.4%
Q1 24
-278.0%
7.8%
Net Margin
BAER
BAER
SLNG
SLNG
Q4 25
-177.2%
-2.0%
Q3 25
50.8%
5.5%
Q2 25
1.0%
-3.5%
Q1 25
-99.3%
-9.2%
Q4 24
-82.4%
12.2%
Q3 24
42.4%
5.7%
Q2 24
-76.7%
0.1%
Q1 24
-364.8%
7.4%
EPS (diluted)
BAER
BAER
SLNG
SLNG
Q4 25
$-0.26
Q3 25
$0.37
$0.06
Q2 25
$-0.12
$-0.03
Q1 25
$-0.41
$-0.09
Q4 24
$-0.24
$0.12
Q3 24
$0.31
$0.05
Q2 24
$-0.33
$0.00
Q1 24
$-0.55
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAER
BAER
SLNG
SLNG
Cash + ST InvestmentsLiquidity on hand
$31.4M
$7.5M
Total DebtLower is stronger
$222.5M
$7.9M
Stockholders' EquityBook value
$-342.6M
$66.7M
Total Assets
$330.3M
$83.1M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAER
BAER
SLNG
SLNG
Q4 25
$31.4M
$7.5M
Q3 25
$55.1M
$10.3M
Q2 25
$17.0M
$12.2M
Q1 25
$22.3M
$9.0M
Q4 24
$39.3M
$9.0M
Q3 24
$33.3M
$12.4M
Q2 24
$8.5M
$11.5M
Q1 24
$6.8M
$8.3M
Total Debt
BAER
BAER
SLNG
SLNG
Q4 25
$222.5M
$7.9M
Q3 25
$8.3M
Q2 25
$7.6M
Q1 25
$8.3M
Q4 24
$208.4M
$8.9M
Q3 24
$9.3M
Q2 24
$8.6M
Q1 24
$9.1M
Stockholders' Equity
BAER
BAER
SLNG
SLNG
Q4 25
$-342.6M
$66.7M
Q3 25
$-322.4M
$66.7M
Q2 25
$-351.0M
$65.5M
Q1 25
$-347.4M
$65.9M
Q4 24
$-326.7M
$67.0M
Q3 24
$-304.4M
$65.4M
Q2 24
$-328.0M
$63.7M
Q1 24
$-348.7M
$63.2M
Total Assets
BAER
BAER
SLNG
SLNG
Q4 25
$330.3M
$83.1M
Q3 25
$311.0M
$87.1M
Q2 25
$279.0M
$83.2M
Q1 25
$275.6M
$83.1M
Q4 24
$290.8M
$85.6M
Q3 24
$307.3M
$89.3M
Q2 24
$281.7M
$82.6M
Q1 24
$252.4M
$80.6M
Debt / Equity
BAER
BAER
SLNG
SLNG
Q4 25
0.12×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.13×
Q4 24
0.13×
Q3 24
0.14×
Q2 24
0.13×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAER
BAER
SLNG
SLNG
Operating Cash FlowLast quarter
$-8.0M
$669.0K
Free Cash FlowOCF − Capex
$-78.4M
$-2.5M
FCF MarginFCF / Revenue
-917.3%
-18.6%
Capex IntensityCapex / Revenue
823.4%
23.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.2M
$462.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAER
BAER
SLNG
SLNG
Q4 25
$-8.0M
$669.0K
Q3 25
$41.0M
$2.4M
Q2 25
$1.4M
$4.5M
Q1 25
$-17.7M
$1.0M
Q4 24
$54.5M
$2.2M
Q3 24
$200.0K
$2.6M
Q2 24
$-22.6M
$5.0M
Q1 24
$-22.8M
$3.9M
Free Cash Flow
BAER
BAER
SLNG
SLNG
Q4 25
$-78.4M
$-2.5M
Q3 25
$34.6M
$-1.5M
Q2 25
$515.0K
$3.9M
Q1 25
$-21.0M
$538.0K
Q4 24
$53.5M
$-3.4M
Q3 24
$-951.0K
$1.2M
Q2 24
$-23.6M
$3.7M
Q1 24
$-23.7M
$3.1M
FCF Margin
BAER
BAER
SLNG
SLNG
Q4 25
-917.3%
-18.6%
Q3 25
51.0%
-7.3%
Q2 25
1.7%
22.4%
Q1 25
-134.0%
3.1%
Q4 24
343.5%
-19.7%
Q3 24
-1.5%
7.1%
Q2 24
-181.3%
19.7%
Q1 24
-430.7%
15.5%
Capex Intensity
BAER
BAER
SLNG
SLNG
Q4 25
823.4%
23.7%
Q3 25
9.3%
19.1%
Q2 25
3.0%
3.7%
Q1 25
21.2%
2.8%
Q4 24
6.3%
32.3%
Q3 24
1.8%
7.4%
Q2 24
7.6%
7.4%
Q1 24
17.4%
4.4%
Cash Conversion
BAER
BAER
SLNG
SLNG
Q4 25
Q3 25
1.19×
2.14×
Q2 25
4.68×
Q1 25
Q4 24
1.03×
Q3 24
0.01×
2.56×
Q2 24
186.59×
Q1 24
2.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAER
BAER

Segment breakdown not available.

SLNG
SLNG

Natural Gas Gathering Transportation Marketing And Processing$11.1M84%
Other$1.3M10%
Services$897.0K7%

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