BigBear.ai Holdings, Inc.

NYSE•BBAI

CEO: Mr. Theodore Tanner Jr.

Sector: Technology

Industry: Information Technology Services

Listing Date: 2021-04-05

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services. It serves nation defense and intelligence agencies, border protection, transportation security, manufacturing, distribution and logistics, travel, entertainment, and tourism sectors. The company is headquartered in Columbia, Maryland.

Contact Information

6811 Benjamin Franklin Drive, Suite 200, Columbia, MD, 21046, United States

410-312-0885

bigbear.ai

Market Cap

$1.32B

P/E (TTM)

-4.5

Dividend Yield

52W High

$9.39

52W Low

$2.36

52W Range

19%

Rank54Top 78.1%

2.7

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Weak • 2.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$27.30M+0.00%

4-Quarter Trend

EPS

-$0.01+0.00%

4-Quarter Trend

FCF

-$22.09M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Liquidity Position Total liquidity reached $461.5M by year-end 2025; total debt reduced 88% post-period end, providing strategic flexibility.

Completed Ask Sage Acquisition Secured multi-modal generative AI platform via Ask Sage acquisition for $271.6M total consideration on December 31, 2025.

Revenue Declined Significantly 2025 Revenues totaled $127.7M, reflecting a 19.3% decrease compared to $158.2M reported in 2024 due to contract cycling.

Major Asset Impairment Charges Recorded $70.6M goodwill impairment and $53.4M long-lived asset impairment during fiscal year 2025 following forecast revisions.

Risk Factors

Government Contract Dependency Significant revenue portion relies on federal contracts; budget deficits risk contract awards and funding levels, impacting operations.

Continued Net Operating Losses Reported substantial Net Loss of $(293.9M) for 2025; profitability remains uncertain despite strategic moves and large non-cash charges.

Backlog Value Decreased Total backlog fell to $248.1M by year-end 2025, down from $418.3M in 2024, impacting future revenue visibility.

AI Technology Adoption Risk Future success depends on market acceptance of new AI/ML products; flawed models or security issues pose reputational harm and liability.

Outlook

Focus on Edge AI Solutions Strategy centers on delivering Edge AI decision intelligence for national security, supply chain, and digital identity markets.

Integrate Recent Acquisitions Plans include successful integration of Ask Sage (AI platform) and CargoSeer (customs technology) assets acquired recently.

Expand Commercial Market Penetration Future growth relies on expanding sales organization and increasing focus on commercial customers in new verticals like digital identity.

Maintain Strategic Flexibility Strong cash position ($461.5M liquidity) provides flexibility to fund operations, R&D, and potential future growth opportunities.

Peer Comparison

Revenue (TTM)

DXC

$12.68B

-1.9%

CNXC

$9.83B

+2.2%

NSIT

$8.25B

-5.2%

Gross Margin (Latest Quarter)

RUM

97.4%

+27.9pp

ASAN

87.8%

-0.3pp

CLVT

66.8%

-1.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ONDS	$5.02B	-14.0	-51.3%	0.5%
WNS	$3.32B	20.3	20.8%	30.8%
PAY	$3.13B	48.3	12.7%	1.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-7.7%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 29, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data