Zacks Investment Research·2d ago
BBAI Q3 Earnings Call Highlights Raised Guidance and AI DemandBigBear.ai raises its 2026 revenue outlook as Q3 sales surge 31%, margins expand and government AI contracts fuel growth despite continued losses.
BBAI's latest quarterly revenue of $43.6M suggests a rebound from a volatile base, but gross margins of roughly 20% to 37% appear anchored in labor-intensive services rather than scalable software economics.
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Revenue rebounded to $43.6M in 2026Q3 (+31.5%), yet operating margin remained deeply negative at -2.3% in the latest quarter after -74.4% in 2026Q2, with gross margin holding in a 31% to 34% range over the last two quarters.
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 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 27, 2026 | -$0.19-280.0% vs -$0.05 | $44M+45.6% vs $30M |
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 raises its 2026 revenue outlook as Q3 sales surge 31%, margins expand and government AI contracts fuel growth despite continued losses.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he doesn't like BigBear.ai Holdings, Inc. (NYSE:BBAI) as it is “losing a lot of money.”
BigBear.ai's trailing-12-month revenue fell about 1.5% with a roughly $180 million net loss. Nebius revenue jumped 444% and the company swung to a $62 million profit.
BigBear.ai posted 31% revenue growth in its most recent quarter. It has secured dozens of new deals and upgraded its guidance.
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 |
|---|---|---|---|---|---|---|---|
| $2.22 | $1.06B | -5.92 | -19.32% | -126.84% | -25.25% | — | |
| $160.38 | $368.24B | 112.51 | 56.18% | 50.34% | 39.37% | — | |
| $35.10 | $6.58B | 301.29 | 18.52% | 1.34% | 0.72% | — | |
| $8.65 | $281.44M | -3.66 | -35.22% | -145.22% | -75.24% | — | |
| $2.69 | $361.07M | -19.24 | 22.42% | -4.16% | -3.91% | — | |
| $0.16 | $151.34K | -0.04 | -37.06% | — | -743.66% | — |
BigBear.ai Holdings, Inc. (BBAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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BigBear.ai Holdings, Inc. (BBAI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 27, 2026·SEC
Jul 31, 2026·SEC
Jul 30, 2026·SEC
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BigBear.ai Holdings, Inc. (BBAI) stock FAQ — growth, dividends, profitability & financials explained
BigBear.ai Holdings, Inc. (BBAI) reported $142.1M in revenue over the trailing twelve months. Revenue was $127.7M in fiscal year 2025. That is 73% more than the $73.6M of fiscal year 2019.
BigBear.ai Holdings, Inc. (BBAI) revenue fell by 1.5% over the trailing twelve months, compared with the twelve months before.
No. BigBear.ai Holdings, Inc. (BBAI) reported a net loss of $180.2M over the trailing twelve months.
BigBear.ai Holdings, Inc. (BBAI) had a return on equity (ROE) of -25.3% over the trailing twelve months. A negative ROE means the company lost money over the period.
BigBear.ai Holdings, Inc. (BBAI) had negative free cash flow of $72.7M over the trailing twelve months.
