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BigBear.ai Holdings, Inc. logo

BigBear.ai Holdings, Inc.

BBAI

NYSETechnologyInformation Technology Services

Open in GoAI

Previous close

$3.22

+$0.15 · +4.89%

Aug 21, 4:00 PM ET

Pre-market

$3.20

−$0.02 · -0.62%

Aug 24, 5:10 AM ET

BBAI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

16

Overpriced

Momentum

19

Strong Down

Sentiment

53

Mixed

Risk resilience

18

Extreme Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Industry
Information Technology Services
Sector
Technology
Headquarters
US

Market position

Day range

Current $3.22

52-week range

Current $3.22

Open
$3.08
Previous close
$3.07
Volume
19.82M
Market cap
1.54B USD
50-day average
$3.8028
-15.33% below average
200-day average
$5.3639
-39.97% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.87B USD
P/E (TTM)
-18.94×
P/B (TTM)
2×
P/S (TTM)
11.73×
EV / EBITDA
-7.2×
Earnings yield
-15.17%
Free cash flow yield
-2.39%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
27.92%
Operating margin
-72.83%
Net margin
-65.20%
Return on equity
-48.04%
Return on assets
-32.86%
Return on invested capital
-10.69%

Financial health

Debt / equity
0.03×
Current ratio
1.78×
Altman Z-score
11.77
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends54%-49%-153%-256%Gross margin, FY2021: 23.40%Gross margin, FY2022: 27.74%Gross margin, FY2023: 26.17%Gross margin, FY2024: 28.58%Gross margin, FY2025: 22.31%Operating margin, FY2021: -53.90%Operating margin, FY2022: -71.30%Operating margin, FY2023: -25.16%Operating margin, FY2024: -84.32%Operating margin, FY2025: -65.33%Net margin, FY2021: -84.87%Net margin, FY2022: -71.84%Net margin, FY2023: -45.54%Net margin, FY2024: -186.78%Net margin, FY2025: -230.21%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.40%. Gross margin FY2022 27.74%. Gross margin FY2023 26.17%. Gross margin FY2024 28.58%. Gross margin FY2025 22.31%. Operating margin FY2021 -53.90%. Operating margin FY2022 -71.30%. Operating margin FY2023 -25.16%. Operating margin FY2024 -84.32%. Operating margin FY2025 -65.33%. Net margin FY2021 -84.87%. Net margin FY2022 -71.84%. Net margin FY2023 -45.54%. Net margin FY2024 -186.78%. Net margin FY2025 -230.21%.

Income trends

Revenue

127.67M USD-19.32%

Operating income

−83.41M USD+37.49%

Net income

−293.91M USD+0.55%
Income trends across reported periods203.61M USD22.1M USD−159.41M USD−340.93M USDRevenue, FY2021: 145.58M USDRevenue, FY2022: 155.01M USDRevenue, FY2023: 155.16M USDRevenue, FY2024: 158.24M USDRevenue, FY2025: 127.67M USDOperating income, FY2021: −78.47M USDOperating income, FY2022: −110.53M USDOperating income, FY2023: −39.03M USDOperating income, FY2024: −133.42M USDOperating income, FY2025: −83.41M USDNet income, FY2021: −123.55M USDNet income, FY2022: −111.37M USDNet income, FY2023: −70.66M USDNet income, FY2024: −295.55M USDNet income, FY2025: −293.91M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 145.58M USD. Revenue FY2022 155.01M USD. Revenue FY2023 155.16M USD. Revenue FY2024 158.24M USD. Revenue FY2025 127.67M USD. Operating income FY2021 −78.47M USD. Operating income FY2022 −110.53M USD. Operating income FY2023 −39.03M USD. Operating income FY2024 −133.42M USD. Operating income FY2025 −83.41M USD. Net income FY2021 −123.55M USD. Net income FY2022 −111.37M USD. Net income FY2023 −70.66M USD. Net income FY2024 −295.55M USD. Net income FY2025 −293.91M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue127.67M USD158.24M USD155.16M USD155.01M USD145.58M USD
Cost of goods sold99.19M USD113.02M USD114.56M USD112.02M USD111.51M USD
Gross profit28.48M USD45.22M USD40.6M USD42.99M USD34.07M USD
Research and development16.75M USD10.86M USD5.04M USD8.39M USD6.03M USD
Selling, general, and administrative95.13M USD80.04M USD65.78M USD90.52M USD106.51M USD
Operating expenses111.88M USD178.64M USD79.64M USD153.52M USD112.54M USD
Interest income13.25M USD————
Interest expense18.12M USD25.65M USD14.2M USD14.44M USD7.76M USD
Depreciation and amortization15.28M USD11.87M USD7.9M USD7.76M USD7.26M USD
Operating income−83.41M USD−133.42M USD−39.03M USD−110.53M USD−78.47M USD
Net income−293.91M USD−295.55M USD−70.66M USD−111.37M USD−123.55M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 6 misses, 1 met estimate
Average EPS surprise
-204.56%
11 comparable reports
Latest EPS result
-0.05
Estimate -0.05 · Miss by 11.11%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.07-0.21-0.49-0.77Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MetQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual -0.43, estimate -0.05, surprise -760.00%, Miss. Q2 2025, reported May 1, 2025: actual -0.25, estimate -0.06, surprise -316.67%, Miss. Q3 2025, reported Aug 11, 2025: actual -0.71, estimate -0.07, surprise -914.29%, Miss. Q4 2025, reported Nov 10, 2025: actual 0.01, estimate -0.06, surprise +116.67%, Beat. Q1 2026, reported Mar 2, 2026: actual -0.04, estimate -0.05, surprise +20.00%, Beat. Q2 2026, reported May 5, 2026: actual -0.08, estimate -0.08, surprise 0.00%, Met estimate. Q3 2026, reported Jul 30, 2026: actual -0.05, estimate -0.045, surprise -11.11%, Miss. Q4 2026, reported Nov 9, 2026: actual —, estimate -0.05, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates56.79M46.23M35.67M25.12MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual 43.83M USD, estimate 54.61M USD, surprise -19.74%, Miss. Q2 2025, reported May 1, 2025: actual 34.76M USD, estimate 36.26M USD, surprise -4.15%, Miss. Q3 2025, reported Aug 11, 2025: actual 32.47M USD, estimate 41M USD, surprise -20.80%, Miss. Q4 2025, reported Nov 10, 2025: actual 33.14M USD, estimate 31.81M USD, surprise +4.19%, Beat. Q1 2026, reported Mar 2, 2026: actual 27.3M USD, estimate 33.32M USD, surprise -18.06%, Miss. Q2 2026, reported May 5, 2026: actual 34.44M USD, estimate 33.6M USD, surprise +2.49%, Beat. Q3 2026, reported Jul 30, 2026: actual 36.75M USD, estimate 36.37M USD, surprise +1.04%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 38.78M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.00

24.22% upside
Past 12 months12-month forecastHigh $4.00Average $4.00Low $4.00

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy00%
Buy125%
Hold375%
Sell00%
Strong sell00%

Recent analyst actions

4 institutions
TD CowenmaintainMarket Perform
OppenheimermaintainPerform

BBAI news

247wallst.com

Palantir Climbs 4% Through $180, BigBear.ai Rises 4%, ServiceNow Holds Flat: How Are Traders Picking the Software Winners?

Friday's midday bid across AI is concentrated in government-facing names, not enterprise software.

Read source
zacks.com

Could Global Trade Trends Drive BigBear.ai's Next Growth Phase?

BBAI sees global trade complexity fueling CargoSeer demand as its El Salvador rollout draws interest from customs agencies elsewhere.

Read source
zacks.com

BigBear.ai Trades at a Discount, Stock Up 14% in a Month: Buy or Sell?

BBAI's 14% monthly gain reflects stronger revenues, margins and contract wins, but losses and widening estimates temper the stock's discounted valuation.

Read source
businesswire.com

BigBear.ai Appoints Retired U.S. Army Lt. Gen. Sean A.

MCLEAN, Va.--(BUSINESS WIRE)---- $BBAI--BigBear.ai (NYSE: BBAI), a specialized defense and security technology company providing mission-ready AI, today announced the appointment of retired U.S. Army Lt. Gen. Sean A.…

Read source
fool.com

BigBear.ai vs. Texas Instruments: Which Technology Stock Is a Better Buy in 2026?

BigBear.ai focuses on high-stakes artificial intelligence and predictive analytics for the U.S. intelligence community and defense agencies. Texas Instruments provides essential analog and embedded semiconductors to over…

Read source
fool.com

Adobe vs. BigBear.ai: Which Technology Stock Is a Better Buy in 2026?

Adobe generates nearly $10 billion in free cash flow with a 30% net margin, while BigBear.ai posted a $294 million loss on declining revenue.

Read source

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ETFs holding BBAI

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
42.51M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
38.28M
Weight
0.05%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
20.48M
Weight
0.01%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Global X - Defense Tech ETF logoGlobal X - Defense Tech ETFSHLD
Market value
16.23M
Weight
0.22%
AUM
7.42B USD
Expense ratio
0.50%
Price / 1D
$67.09-0.83%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
15.37M
Weight
0.02%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
10.66M
Weight
0.07%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
7.66M
Weight
0.04%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
7.38M
Weight
0.03%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%

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