BigBear.ai Holdings, Inc. (New York Stock Exchange:BBAI)
Insiders here have filed 5 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $131.6M
- Net income
- -$85.8M
- Net margin
- -65.2%
Little or no net debt.
- Total debt
- $22.8M
- Cash
- $36.3M
- Debt / equity
- 0.03
Comfortably covers what is due within a year.
- Current assets
- $372.9M
- Current liabilities
- $65.7M
- Current ratio
- 5.67
Consumes cash and must keep raising it.
- Operating cash flow
- -$71.6M
- Free cash flow
- -$73.8M
- FCF margin
- -56.1%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 479.1M
- Share growth (1y)
- 49.4%
- Cash runway
- 6 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
BBAI Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 36.75 M | 34.44 M | 27.30 M | 33.14 M | 32.47 M | 34.76 M |
| Revenue Growth (YoY) | 13.17 % | -0.93 % | -37.71 % | -20.15 % | -18.38 % | 4.94 % |
| Cost of Revenue | 24.70 M | 22.71 M | 21.75 M | 25.71 M | 24.36 M | 27.37 M |
| Gross Profit | 12.05 M | 11.72 M | 5.55 M | 7.43 M | 8.11 M | 7.39 M |
| SG&A Expense | 31.85 M | 29.23 M | 25.66 M | 25.25 M | 21.49 M | 22.73 M |
| R&D Expense | 7.56 M | 5.53 M | 4.82 M | 3.38 M | 4.39 M | 4.17 M |
| Operating Expenses | 39.41 M | 34.76 M | 29.82 M | 28.63 M | 25.88 M | 26.90 M |
| Operating Income | -27.36 M | -23.04 M | -24.27 M | -21.20 M | -17.77 M | -19.51 M |
| Pretax Income | -25.74 M | -56.75 M | -5.89 M | 2.54 M | -228.60 M | -61.96 M |
| Tax Provision | 5.00 K | 14.00 K | -56.00 K | 17.00 K | 14.00 K | 25.00 K |
| Net Income | -25.75 M | -56.76 M | -5.83 M | 2.52 M | -228.62 M | -61.99 M |
| EPS (Basic) | -0.05 | -0.12 | -0.01 | 0.01 | -0.71 | -0.25 |
| EPS (Diluted) | -0.05 | -0.12 | -0.01 | -0.03 | -0.71 | -0.25 |
| Shares Outstanding | 479.12 M | 473.06 M | 436.68 M | 396.59 M | 320.59 M | 250.58 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.