BigBear.ai Holdings, Inc. income statement BBAI-WT

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, BigBear.ai Holdings, Inc. reported revenue of $127.7 million, down 19.3% from the year before. It recorded a net loss of $293.9 million. The operating loss came to $213.9 million, an operating margin of -167.5%. Diluted earnings per share were -$0.82. Over the twelve months ended Sep 30, 2026, revenue was $142.1 million and the net loss was $180.2 million. Across the 5 fiscal years shown, revenue shrank from $145.6 million in fiscal 2021 to $127.7 million in fiscal 2025, about 3.2% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2026
Sep 30, 2026
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
142
-1.5%
128
-19.3%
158
+2.0%
155
+0.1%
155
+6.5%
146
Cost of revenue
99
-5.4%
99
-12.2%
113
-1.4%
115
+2.3%
112
+0.5%
112
Gross profit
43
+9.1%
28
-37.0%
45
+11.4%
41
-5.6%
43
+26.2%
34
Research and development
23
17
—
5
-40.0%
8
+39.1%
6
Selling, general and administrative
118
+28.7%
95
+18.9%
80
+12.6%
71
-16.2%
85
-20.4%
107
Other operating income (expense)
-0
+88.1%
-2
-1420.2%
-0
-10000.0%
0
+105.3%
-0
—
Restructuring and impairment
1
-86.7%
4
+239.5%
1
+56.6%
1
-80.4%
4
—
Operating income
-233
-64.9%
-214
-60.3%
-133
-241.8%
-39
+64.7%
-111
-40.8%
-78
Pretax income
-203
+52.5%
-316
-6.7%
-296
-317.3%
-71
+37.4%
-113
+7.5%
-122
Income tax
-22
-9956.8%
-22
-8385.2%
-0
-15.3%
-0
+88.2%
-2
-273.8%
1
Net income
-180
+57.7%
-294
+0.6%
-296
-318.3%
-71
+36.6%
-111
+9.9%
-124
Basic EPS
-0.39
+71.8%
-0.82
+35.4%
-1.27
-170.2%
-0.47
+46.0%
-0.87
+24.3%
-1.15
Diluted EPS
-0.39
+71.8%
-0.82
+35.4%
-1.27
-170.2%
-0.47
+46.0%
-0.87
+24.3%
-1.15
Weighted average shares, basic
468
+50.2%
359
+53.6%
234
+56.5%
149
+16.9%
128
+19.3%
107
Weighted average shares, diluted
468
+50.2%
359
+53.6%
234
+56.5%
149
+16.9%
128
+19.3%
107
Other measures
Depreciation and amortization
25
+74.5%
15
+28.7%
12
+50.3%
8
+1.8%
8
+6.8%
7
EBITDA
-209
-63.8%
-199
-63.4%
-122
-290.4%
-31
+69.7%
-103
-44.3%
-71
Interest coverage
—
—
—
—
-7.66x
-10.11x
Margins
Gross margin
30.21%
22.31%
28.58%
26.17%
27.74%
23.40%
Operating margin
-164.22%
-167.54%
-84.32%
-25.16%
-71.30%
-53.90%
Pretax margin
-142.56%
-247.22%
-186.94%
-45.68%
-73.06%
-84.13%
Profit margin
-126.84%
-230.21%
-186.78%
-45.54%
-71.84%
-84.87%
EBITDA margin
-146.80%
-155.57%
-76.81%
-20.06%
-66.30%
-48.92%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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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)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.