FY2025 · ended Dec 31, 2025 · Revenue $127.67M, -19.3% YoY · Filed Mar 2, 2026
BigBear.ai Holdings, Inc. (BBAI) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $127.7 million and a net loss of $293.9 million. Free cash flow was -$42.5 million. As of Sep 30, 2026 it held $77.1 million in cash and investments and $22.5 million in total debt.
Revenue (TTM)
$142.06M
-1.5% vs year-ago TTM
Net income (TTM)
$-180.20M
+57.7% vs year-ago TTM
Operating cash flow (TTM)
$-71.59M
-105.0% vs year-ago TTM
Free cash flow (TTM)
$-72.72M
-105.6% vs year-ago TTM
EPS (TTM)
$-0.39
+71.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
476.06M
+64.7% vs prior year
Net cash
$54.60M
as of Sep 30, 2026
Operating margin
-164.2%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- BBAI (NYSE), BBAI-WT (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Mclean, VA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1836981
- Former names
- GigCapital4, Inc. (until Dec 7, 2021)
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $127.7M | $158.2M | $155.2M | $155.0M | $145.6M |
| Operating income | -$213.9M | -$133.4M | -$39.0M | -$110.5M | -$78.5M |
| Net income | -$293.9M | -$295.5M | -$70.7M | -$111.4M | -$123.6M |
| Diluted EPS | -$0.82 | -$1.27 | -$0.47 | -$0.87 | -$1.15 |
| Operating cash flow | -$42.0M | -$38.1M | -$18.3M | -$48.9M | -$19.8M |
| Free cash flow | -$42.5M | -$38.6M | -$18.3M | -$49.7M | -$20.4M |
| Total assets | $894.5M | $343.8M | $199.9M | $195.3M | $383.3M |
| Total liabilities | $282.7M | $347.5M | $229.9M | $233.2M | $261.0M |
| Stockholders' equity | $611.9M | -$3.7M | -$30.0M | $9.8M | $159.7M |
| Cash and investments | $87.1M | $50.1M | $32.6M | $12.6M | $68.9M |
| Total debt | $114.8M | $146.4M | $162.5M | $200.3M | $194.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K/A |
Amended current report
Results of operations
|
Oct 28, 2026 | Oct 27, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 27, 2026 | Oct 27, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 15, 2026 | Sep 15, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 17, 2026 | Aug 13, 2026 |
| 8-K |
Current report
Other events
|
Jul 31, 2026 | Jul 31, 2026 |
All 704 BigBear.ai Holdings, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.