BBAI

+ Watchlist + Portfolio

BigBear.ai, Inc.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $3.17
52-Week Range: $2.59 – $9.39
Market Cap: $1.47B
P/E (TTM): —
EPS (TTM): -0.02
Dividend Yield: —

Advanced Metrics

Price/Book: 1.91
PEG Ratio: —
Return on Equity: -16.55%
Return on Assets: -7.58%
Gross Margin: 27.92%
Operating Margin: -74.45%
Profit Margin: -65.20%
Current Ratio: 5.67
Debt/Equity: 0.03
Total Debt: $22.75M
Free Cash Flow: $-208.40M
Revenue Growth: 13.20%
Earnings Growth: —
Enterprise Value: $1.22B

BBAI Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$155.01M	$155.16M	$158.24M	$127.67M
Cost of Revenue	$112.02M	$114.56M	$113.02M	$99.19M
Gross Profit	$42.99M	$40.60M	$45.22M	$28.48M
Research & Development	$8.39M	$5.04M	$10.86M	$16.75M
Selling, General & Admin	$84.78M	$71.06M	$80.04M	$95.13M
Operating Expenses	$93.17M	$76.09M	$90.90M	$111.88M
Operating Income	-$50.17M	-$35.49M	-$45.68M	-$83.41M
EBITDA	-$81.40M	-$38.10M	-$258.28M	-$282.24M
Pretax Income	-$113.25M	-$70.88M	-$295.80M	-$315.64M
Income Tax	-$1.88M	-$222.00K	-$256.00K	-$21.72M
Net Income	-$111.37M	-$70.66M	-$295.55M	-$293.91M
Diluted EPS	-0.95	-0.40	-1.10	-0.82
Diluted Shares	128.08M	149.23M	233.60M	358.80M

BBAI Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$12.63M	$32.56M	$50.14M	$87.13M
Receivables	$31.40M	$26.77M	$39.98M	$27.05M
Current Assets	$54.34M	$63.78M	$93.76M	$330.54M
Total Assets	$195.31M	$199.91M	$343.78M	$894.55M
Current Liabilities	$35.76M	$69.11M	$202.97M	$185.52M
Long-Term Debt	$192.32M	$156.16M	$135.40M	$90.48M
Total Debt	$200.28M	$162.48M	$146.41M	$114.81M
Total Liabilities	$233.18M	$229.91M	$347.49M	$282.68M
Retained Earnings	-$253.06M	-$276.09M	-$571.64M	-$865.55M
Shareholders' Equity	-$37.87M	-$30.00M	-$3.71M	$611.87M
Working Capital	$18.57M	-$5.34M	-$109.21M	$145.02M
Net Debt	$181.75M	$124.83M	$86.08M	$19.92M

BBAI Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$48.92M	-$18.31M	-$38.12M	-$41.95M
Capital Expenditure	-$769.00K	-$3.83M	-$11.11M	-$4.37M
Free Cash Flow	-$49.69M	-$22.14M	-$49.23M	-$46.32M
Depreciation & Amortisation	$7.76M	$7.90M	$11.87M	$15.28M
Stock-Based Compensation	$10.87M	$18.67M	$21.13M	$23.33M
Investing Cash Flow	-$5.23M	-$3.83M	$2.82M	-$606.68M
Financing Cash Flow	-$103.14M	$42.06M	$52.46M	$691.31M
Dividends Paid	$0.00	—	—	—
Share Repurchases	-$100.90M	-$5.72M	$0.00	-$551.00K
Net Change in Cash	-$157.29M	$19.93M	$17.16M	$42.68M

BBAI Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$32.47M	$33.14M	$27.30M	$34.44M	$36.75M
Cost of Revenue	$24.36M	$25.71M	$21.75M	$22.71M	$24.70M
Gross Profit	$8.11M	$7.43M	$5.55M	$11.72M	$12.05M
Research & Development	$4.39M	$3.38M	$4.82M	$5.53M	$7.56M
Selling, General & Admin	$21.49M	$25.25M	$25.66M	$29.23M	$31.85M
Operating Expenses	$25.88M	$28.63M	$30.48M	$34.76M	$39.41M
Operating Income	-$17.77M	-$21.20M	-$24.93M	-$23.04M	-$27.36M
EBITDA	-$220.74M	$11.27M	-$19.40M	-$49.35M	-$18.63M
Pretax Income	-$228.60M	$2.54M	-$27.61M	-$56.75M	-$25.74M
Income Tax	$14.00K	$17.00K	-$21.78M	$14.00K	$5.00K
Net Income	-$228.62M	$2.52M	-$5.83M	-$56.76M	-$25.75M
Diluted EPS	-0.71	-0.03	-0.01	-0.12	-0.05
Diluted Shares	320.59M	448.16M	436.68M	473.06M	479.12M

BBAI Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$390.85M	$456.58M	$87.13M	$100.70M	$36.28M
Receivables	$29.04M	$26.55M	$27.05M	$26.23M	$34.85M
Current Assets	$424.28M	$619.76M	$330.54M	$394.01M	$372.88M
Total Assets	$599.37M	$919.76M	$894.55M	$861.66M	$841.31M
Current Liabilities	$221.65M	$197.92M	$185.52M	$64.76M	$65.73M
Long-Term Debt	$102.68M	$104.85M	$90.48M	—	—
Total Debt	$112.64M	$112.89M	$114.81M	$24.11M	$22.75M
Total Liabilities	$332.82M	$309.74M	$282.68M	$71.26M	$70.99M
Retained Earnings	-$862.25M	-$859.73M	-$865.55M	-$922.32M	-$948.07M
Shareholders' Equity	$266.55M	$610.02M	$611.87M	$790.40M	$770.32M
Working Capital	$202.64M	$421.84M	$145.02M	$329.25M	$307.15M
Net Debt	—	—	$19.92M	—	—

BBAI Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	-$3.87M	-$9.59M	-$21.83M	-$18.00M	-$22.21M
Capital Expenditure	-$1.16M	-$1.33M	-$252.00K	-$319.00K	-$316.00K
Free Cash Flow	-$5.03M	-$10.91M	-$22.09M	-$18.32M	-$22.52M
Depreciation & Amortisation	$3.45M	$4.13M	$4.23M	$7.08M	$6.81M
Stock-Based Compensation	$4.32M	$5.32M	$6.29M	$3.42M	$4.74M
Investing Cash Flow	-$1.16M	-$260.07M	-$343.83M	$32.72M	-$43.04M
Financing Cash Flow	$288.82M	$335.29M	$1.26M	-$783.00K	-$3.42M
Net Change in Cash	$283.79M	$65.63M	-$364.40M	$13.94M	-$68.67M

Market Snapshot

About

BigBear.ai Holdings, Inc. is a provider of artificial intelligence-powered decision intelligence solutions for government and commercial customers. The company delivers AI, machine learning, and data analytics platforms that help organizations make faster, more informed decisions using diverse data sources. BigBear.ai serves the defense, intelligence, and federal civilian agencies with solutions for supply chain management, logistics optimization, autonomous systems, and mission planning. The company also addresses commercial markets including automotive manufacturing, supply chain, and logistics industries. Formed through the merger of BigBear.ai and GigCapital4 SPAC in 2021, the company is headquartered in Columbia, Maryland. BigBear.ai's technology ingests structured and unstructured data to generate actionable insights through advanced analytics and AI models. The company faces execution challenges typical of early-stage government contractors including customer concentration and revenue timing. BigBear.ai continues to invest in product development, talent acquisition, and customer expansion to capitalize on growing government and commercial demand for AI-powered decision support systems.