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NYSE · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

BigBear.ai Holdings, Inc. BBAI

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$127.7M
▼ 19.3% YoY
$-293.9M
$-42.5M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

BigBear.ai Holdings, Inc. is a provider of artificial intelligence technology. It serves customers in the national security, travel and trade industries. As of December 31, 2025, it had 579 employees, the vast majority of whom are employed in the United States and hold an active security clearance. It is headquartered in McLean, Virginia, with additional office locations in Ann Arbor, Michigan; Chantilly, Virginia; Columbia, Maryland; Charlottesville, Virginia; London, U.K.; and Abu Dhabi, UAE. It offers software assets that leverage vision AI technologies for identity verification. On December 31, 2025, it completed the acquisition of Ask Sage, a platform-agnostic generative AI solution designed to serve defense and intelligence customers. BigBear.ai Holdings, Inc. was founded originally to serve defense and national security mission customers.

Written from the business description in BigBear.ai Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth

USD 127.7M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 127.7 · Net income -293.9
100M200M-150M-300M
201920232025
Compound annual growth
−6.3%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−230 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -167.5% · Net -230.2%
-100%-200%
201920222025
ROE
FY2022 · ROE -131.5%
20%40%-50%-100%
201920222025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Gross margin22.3%
Operating margin-167.5%
Net margin-230.2%
EBITDAUSD -213.4M

Return on equity has no reading this year — return on capital employed, just below, still does: -50%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -42.5
-20M-40M
201920222025
Net buybacks $M Dividends $M
FY2024 · Dividends · · Net buybacks 0.0
50M100M
2021202220232024

Total assetsUSD 894.5M
EquityUSD 611.9M
CashUSD 87.1M
Gross debtUSD 107.0M
Net debtUSD 19.9M
Current ratio1.78×

Net debt stands at 3% of equity.

The 6-year record

6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
BBAI, 6-year financial record
Metric 202520242023202220212019
Revenue $B0.10.20.20.20.10.1
Operating income $B−0.2−0.1−0.0−0.1−0.10.0
EBITDA $B−0.2−0.1−0.0−0.1−0.10.0
Income tax $B−0.0−0.0−0.0−0.00.00.0
Net income $B−0.3−0.3−0.1−0.1−0.10.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.00.0
EPS, diluted $−0.82−1.27−0.47−0.87−1.15◌
Dividend / sh $◌◌◌◌◌◌
Payout % — not applicable: no dividend——————
ROE %———−131.5−95.053.5
Shares out B0.440.250.160.130.14◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 6 of the 6 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 14 checks were skipped: EPS is not tagged before 2021. 12 checks were skipped: revenue is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Prepackaged Software
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2019

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