(Mark One) ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 31, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission FileNumber 001-35701 Bristow Group Inc.(Exact name of registrant as specified in its charter) Delaware(State or Other Jurisdiction ofIncorporation or Organization) 3151 Briarpark Drive, Suite 700Houston, Texas(Address of Principal Executive Offices) Registrant’s telephone number, including area code:(713) 267-7600 None (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, par value $0.01 per shareVTOLNYSE Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2)has been subject to such filing requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmallerreportingcompanyEmerging growthcompany☑☐☐☐☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☑ Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.Yes☑No☐The total number of shares of common stock (in thousands), par value $0.01 per share, outstanding as of May1, 2026 was 29,606. The Registrant has no other class of common stock outstanding. BRISTOW GROUP INC. AND SUBSIDIARIESFORM 10-QTABLE OF CONTENTS PagePART I. FINANCIAL INFORMATION1Item1. Financial Statements1Condensed Consolidated Statements of Operations1Condensed Consolidated Statements of Comprehensive Income2Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Changes in Stockholders’ Equity4Condensed Consolidated Statements of Cash Flows5NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS6Note 1. BASIS OF PRESENTATION, CONSOLIDATION AND SIGNIFICANT ACCOUNTING POLICIES6Note 2. REVENUES7Note 3. RELATED PARTY TRANSACTIONS7Note 4. DEBT8Note 5. FAIR VALUE DISCLOSURES9Note 6. DERIVATIVE FINANCIAL INSTRUMENTS9Note 7. COMMITMENTS AND CONTINGENCIES10Note 8. INCOME TAXES10Note 9. STOCKHOLDERS’ EQUITY11Note 10. EARNINGS PER SHARE11Note 11. SEGMENTS12Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations14Forward-Looking Statements14Overview16Fleet Information16Results of Operations18Liquidity and Capital Resources20Critical Accounting Estimates22Item3. Quantitative and Qualitative Disclosures about Market Risk23Item4. Controls and Procedures23PART II. OTHER INFORMATION23Item1A. Risk Factors23Item2. Unregistered Sales of Equity Securities and Use of Proceeds24Item3. Defaults Upon Senior Securities24Item4. Mine Safety Disclosures24Item5. Other Information24Item6. Exhibits25SIGNATURES26 PART I. FINANCIAL INFORMATION Item1. Financial StatementsBRISTOW GROUP INC. AND SUBSIDIARIESCondensed Consolidated Statements of Operations(Unaudited, in thousands, except per share amounts) BRISTOW GROUP INC. AND SUBSIDIARIES Condensed Consolidated Statements of Comprehensive Income(Unaudited, in thousands) Three Months Ended March31,20262025Net income$13,065$27,381Other comprehensive income (loss):Currency translation adjustments(4,536)12,447Pension liability adjustment811(1,324)Unrealized gains on cash flow hedges, net279470Total other comprehensive income (loss), net of tax(3,446)11,593Total comprehensive income9,61938,974Net comprehensive loss (income) attributable to noncontrolling interests41(22)Total comprehensive income attributable to Bristow Group Inc.$9,660$38,952 BRISTOW GROUP INC. AND S