BigBear.ai Holdings, Inc.
BBAI NYSE· Services-Prepackaged Software
Last close · Oct 23, 2026
$2.14
KIRA · Stoqly’s AI analyst, in plain words
- BigBear.ai Holdings, Inc. had $128M of revenue in fiscal 2025, down 19.3% on the year before.
- Its operating margin was −167.5%, down 83.2 pts: of every 100 in sales, about −168 is left after running the business.
- BigBear.ai Holdings, Inc. lost $294M in fiscal 2025.
- Free cash flow was −$42.5M in fiscal 2025, −33.3% of revenue.
- BigBear.ai Holdings, Inc. owes $36.5M more than it holds in cash.
Market cap
$1.0B
P/E
—
Revenue
$128M
Net income
−$294M
Free cash flow
−$42.5M
Operating margin
−167.5%
BigBear.ai Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−19.3%
No. Sales fell 19.3% last year.
Does it make a profit?
−230.2%
No. It lost money last year.
Does profit turn into cash?
−33.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What BigBear.ai Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Legal name
- BigBear.ai Holdings, Inc.
- CIK
- 0001836981
BigBear.ai Holdings, Inc. · BBAI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | — | $155M | $155M | $158M | $128M |
| Revenue growth | — | — | 0.1% | 2.0% | −19.3% |
| Gross margin | — | 27.7% | 26.2% | 28.6% | 22.3% |
| Operating margin | — | −71.3% | −25.2% | −84.3% | −167.5% |
| Net income | — | −$111M | −$70.7M | −$296M | −$294M |
| Net margin | — | −71.8% | −45.5% | −186.8% | −230.2% |
| Diluted EPS | — | −$0.87 | −$0.47 | −$1.27 | −$0.82 |
| Cash | |||||
| Cash from operations | — | −$48.9M | −$18.3M | −$38.1M | −$42.0M |
| Capital expenditure | — | $0.8M | $0.0M | $0.5M | $0.5M |
| Free cash flow | — | −$49.7M | −$18.3M | −$38.6M | −$42.5M |
| FCF margin | — | −32.1% | −11.8% | −24.4% | −33.3% |
| Share buybacks | — | $101M | $0.0M | $0.0M | — |
| Share count change | — | — | 16.9% | 56.5% | 53.6% |
| Debt and strength | |||||
| Cash and short-term investments | $68.9M | $12.6M | $32.6M | $50.1M | $87.1M |
| Debt incl. finance leases | $199M | $196M | $159M | $137M | $124M |
| Shareholders' equity | $160M | $9.8M | −$30.0M | −$3.7M | $612M |
| Current ratio | 2.9x | 1.5x | 0.9x | 0.5x | 1.8x |
| Interest coverage | — | −7.7x | −1.6x | −5.2x | −11.8x |
| Returns and quality | |||||
| Return on capital | — | −45.1% | −32.1% | −126.7% | −26.1% |
| Return on equity | — | −131.5% | — | — | −96.7% |
| Return on tangible equity | — | — | — | — | −127.1% |
| Piotroski F-score | — | — | 3 | 3 | 4 |
| Altman Z'' | — | −7.4 | −6.1 | −10.1 | −1.4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.7M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
BigBear.ai Holdings, Inc. · BBAI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.14 a share, the company is worth $1.0B.
Source: SEC EDGAR XBRL filings (CIK 0001836981). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.