BigBear.ai's 13.2% YoY revenue growth in 2026Q2 signals a potential inflection, yet the business remains structurally unprofitable with a -74.4% operating margin and -$22.5M quarterly FCF burn. The balance sheet has deleveraged sharply (D/E down to 0.03 from 2...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue rebounded 13.2% YoY to $36.7M in 2026Q2 with gross margin improving to 32.8%, yet operating margin worsened to -74.4% as SG&A and R&D costs outpaced growth.
BigBear.ai provides AI-driven solutions for government, defense, manufacturing, and healthcare sectors, positioning it as a leader in decision intelligence.
The company's solutions span multiple high-growth industries, including defense, healthcare, and logistics, offering broad market opportunities.
BigBear.ai's revenue is significantly tied to U.S. Army contracts, indicating strong relationships in the defense sector despite recent disruptions.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 10, 2026 | -$0.05-25.0% vs -$0.04 | $37M+1.0% vs $36M |
Q3 2026 Jul 30, 2026 | -$0.05-11.1% vs -$0.04 | $37M+1.0% vs $36M |
Q2 2026 May 5, 2026 | -$0.08+0.0% vs -$0.08 | $34M+2.5% vs $34M |
Q2 2026 Mar 2, 2026 | -$0.04+20.0% vs -$0.05 | $27M-18.1% vs $33M |
BigBear.ai serves the defense and intelligence communities with specialized AI decision intelligence software. QuantumScape is advancing solid-state battery technology through a primary manufacturing partnership with Volkswagen.
BBAI's GenAI products lift second-quarter revenues by 13% and gross margin to 32.8%, but wider EBITDA losses show the revenue shift is still unproven.
BigBear.ai Holdings, Inc. (BBAI) closed at $2.82 in the latest trading session, marking a -2.08% move from the prior day.
Cerebras Systems currently looks stronger on revenue, as its reported financial totals remained consistently higher across all eight observed quarters when compared to results from BigBear.ai. Over the evaluated reporting periods, Cerebras Systems displayed a fluctuating but overall upward quarter-over-quarter revenue trend, whereas BigBear.ai experienced a much more stable but consistently flat quarter-over-quarter revenue trajectory during the same timeframe.
Benchmark BBAI against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for BigBear.ai Holdings, Inc. (BBAI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.89 | $1.39B | -3.52 | -19.32% | -230.21% | -96.66% | — | |
| $184.97 | $424.7B | 293.60 | 56.18% | 49% | 36.99% | — | |
| $46.97 | $8.81B | 361.31 | 18.52% | 2.03% | 1.14% | — | |
| $12.21 | $397.27M | 8.19 | -35.22% | -145.22% | -75.24% | — | |
| $2.98 | $399.99M | -19.87 | 22.42% | -4.16% | -3.91% | — | |
| $0.37 | $354.63K | -0.02 | -37.06% | — | -743.66% | — |
BigBear.ai Holdings, Inc. (BBAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
BigBear.ai Holdings, Inc. (BBAI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 31, 2026·SEC
Jul 30, 2026·SEC
Jun 12, 2026·SEC
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BigBear.ai Holdings, Inc. (BBAI) stock FAQ — growth, dividends, profitability & financials explained
BigBear.ai Holdings, Inc. (BBAI) reported $131.6M in revenue for fiscal year 2025. This represents a 79% increase from $73.6M in 2019.
BigBear.ai Holdings, Inc. (BBAI) saw revenue decline by 19.3% over the past year.
BigBear.ai Holdings, Inc. (BBAI) reported a net loss of $85.8M for fiscal year 2025.
BigBear.ai Holdings, Inc. (BBAI) has a return on equity (ROE) of -96.7%. Negative ROE indicates the company is unprofitable.
BigBear.ai Holdings, Inc. (BBAI) had negative free cash flow of $73.8M in fiscal year 2025, likely due to heavy capital investments.
