Saturday 17 October 2026 Export BBAI’s income statement to Excel — free account

BigBear.ai Holdings, Inc.

BBAI Technology Information Technology Services

BigBear.ai Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $127.7 million, down 19.3% from fiscal 2024. In the quarter to June 2026, revenue grew 13.2%, EPS grew 93.0%, free cash flow fell 347.6% and total debt fell 95.3%, each against the same quarter a year earlier.

2.16 0.17 −7.30%

Follow BBAI

Alert me

Market cap: $1.1B
P/E: 0.0×
Fwd P/E: −16.8×
Dividend yield: —
F-score: 4/9
Altman Z: 2.31
Beneish M: −3.99
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.66

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	1	—	—	2	—	2	—	—	—	—	—

Insider Ownership 1.12%

Capital & Financial Ratios $m

Market Cap 1,120.00

Revenue 131.63

Net Income (85.82)

Free Cash Flow (73.84)

Net Debt (315.72)

Current Ratio 5.67

Debt/Equity 0.01

P/E ratio 0.00

Fwd P/E (16.80)

P/S ratio 7.86

P/B ratio 1.34

Past 5Y EPS Growth —

This Y EPS Growth 67.89%

Next Y EPS Growth 35.44%

Next Y revenue growth 27.87%

Next 5Y EPS Growth 29.83%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 69.08%

10-year low 10-year high

P/B against its own 10 years 0.11%

10-year low 10-year high

EV/Sales against its own 10 years 59.43%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	33	50	293	321
Receivables	22	39	23	31
Inventory	—	—	—	—
Other	5	1	0	—
	64	94	331	373

	2023	2024	2025	Q'26
Payables	11	8	6	11
ST’ Debt	—	—	—	—
Other	40	173	142	21
	69	203	186	66

Compound Annual Growth %

	10y	5y	3y
Sales	—	6.93%	(6.26%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	43.54%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	34	37	—	—	—
’25	35	32	33	27	128
’24	33	40	42	44	158
’23	42	38	34	41	155
’22	36	38	41	40	155
’21	36	36	40	33	146
’20	—	—	—	—	91

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(18)	(22)	—	—	—
’25	(7)	(4)	(10)	(22)	(42)
’24	(14)	(7)	(2)	(15)	(38)
’23	(12)	(13)	7	0	(18)
’22	(8)	(24)	(6)	(11)	(49)
’21	1	(1)	1	(21)	(20)
’20	—	—	—	0	1

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(18)	(23)	—	—	—
’25	(8)	(5)	(11)	(22)	(46)
’24	(16)	(9)	(6)	(18)	(49)
’23	(12)	(13)	4	(1)	(22)
’22	(8)	(25)	(7)	(11)	(50)
’21	1	(1)	1	(21)	(20)
’20	—	—	—	0	1

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.12)	(0.05)	—	—	—
’25	(0.25)	(0.71)	0.01	(0.01)	(0.82)
’24	(0.67)	(0.05)	(0.05)	(0.46)	(1.10)
’23	(0.19)	(0.12)	0.03	(0.19)	(0.40)
’22	(0.14)	(0.45)	(0.13)	(0.15)	(0.95)
’21	(0.02)	(0.03)	(0.03)	(1.02)	(1.15)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	5.52	0.58	0.67	1.17	2.36	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	10.21	16.12	6.77	5.20	10.36
People
People	Employees	—	—	—	—	2	665	649	480	630	579
	Revenue/emp, $m	—	—	—	0.00	45.66	0.22	0.24	0.32	0.25	0.22
Income, $m
Income, $m	Revenue	—	—	—	74	91	146	155	155	158	128
	Gross margin, %	—	—	—	23.76	23.75	23.40	27.74	26.17	28.58	22.31
	EBT	—	—	—	6	(5)	(122)	(113)	(71)	(296)	(316)
	EBT margin, %	—	—	—	8.50	(5.67)	(84.13)	(73.06)	(45.68)	(186.94)	(247.22)
	Net income	—	0	—	6	(3)	(124)	(111)	(71)	(296)	(294)
	Depreciation	—	—	—	0	1	8	73	21	110	95
Per share, $
Per share, $	Revenue	—	—	—	0.00	0.87	1.36	1.21	1.04	0.68	0.36
	Earnings	—	—	—	—	(0.02)	(1.15)	(0.95)	(0.40)	(1.10)	(0.82)
	Cash flow	—	—	—	0.00	0.01	(0.18)	(0.38)	(0.12)	(0.16)	(0.12)
	Capex	—	—	—	0.00	0.00	(0.01)	(0.01)	(0.03)	(0.05)	(0.01)
	Free cash flow	—	—	—	0.00	0.01	(0.19)	(0.39)	(0.15)	(0.21)	(0.13)
	Book value	—	—	—	0.00	0.96	1.14	(0.30)	(0.20)	(0.02)	1.71
	Shares, m	—	—	—	—	105	107	128	149	234	359
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	0.00	0.00	4.16	0.60	1.92	6.57	15.18
	P/B	—	—	—	2.96	2.96	4.95	0.00	0.00	0.00	3.17
	EV/Sales	—	—	—	0.00	0.00	4.30	1.79	2.75	7.17	13.64
	EV/FCF	—	—	—	0.00	0.00	(30.66)	(5.59)	(19.23)	(23.03)	(37.60)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	4	1	(20)	(49)	(18)	(38)	(42)
	Capex	—	—	—	0	0	(1)	(1)	(4)	(11)	(4)
	Free cash flow	—	—	—	4	1	(20)	(50)	(22)	(49)	(46)
Balance, $m
Balance, $m	Working capital	—	—	—	—	22	136	19	(5)	(109)	145
	Total debt	—	—	—	—	106	190	197	160	145	97
	Net debt	—	—	—	—	96	20	185	128	94	(196)
	Shareholders’ equity	—	—	—	—	100	122	(38)	(30)	(4)	612
Returns, %
Returns, %	ROA	—	—	—	0.00	(2.33)	(41.07)	(38.49)	(35.76)	(108.72)	(47.47)
	ROIC	—	—	—	0.00	(1.45)	(34.34)	(47.02)	(24.92)	(91.97)	(32.14)
	ROE	—	—	—	0.00	(4.17)	(110.93)	(263.60)	208.21	1,753.31	(96.66)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
KEEL Keel Infrastructure Corp	$1.6B	— (loss-making)	— (loss-making)	−50.04% (below 0%: shrinking)	n/m	−772.56% (below 0%: shrinking)	(285.09%)	(462.62%)	Compare
MGRT Mega Fortune Company Limited	$1.4B	—	—	—	—	—	—	—	Compare
VNET VNET Group, Inc. - Unsponsored ADR	$1.2B	— (loss-making)	— (loss-making)	+20.52% (above 0%: growing)	n/m	+17.45% (above 0%: growing)	18.18%	8.25%	Compare
BBAI BigBear.ai Holdings, Inc.	$1.1B	— (loss-making)	— (loss-making)	+13.17% (above 0%: growing)	n/m	−347.60% (below 0%: shrinking)	32.79%	(77.71%)
CLVT Clarivate PLC	$1.1B	— (loss-making)	— (loss-making)	−5.49% (below 0%: shrinking)	n/m	−12.52% (below 0%: shrinking)	68.41%	(34.09%)	Compare
SHAZ SharonAI Holdings Inc.	$1.1B	— (loss-making)	— (loss-making)	+494.09% (above 0%: growing)	n/m	−64,884.87% (below 0%: shrinking)	60.56%	(1,283.22%)	Compare
VYX NCR Voyix Corporation	$1.0B	18.4×	346×	−20.76% (below 0%: shrinking)	n/m	+91.55% (above 0%: growing)	29.83%	2.68%	Compare
TDTH Trident Digital Tech Holdings Ltd	$940.0M	—	—	—	—	—	—	—	Compare
NABL N-able, Inc.	$869.0M	— (loss-making)	34.4×	+5.90% (above 0%: growing)	n/m	−19.43% (below 0%: shrinking)	76.83%	11.92%	Compare
Median of peers	$1.1B	—	—	+0.20%	—	−15.97%	45.20%	(15.70%)

All 73 Information Technology Services stocks →

BigBear.ai Holdings, Inc. (BBAI) key facts

Concern: BigBear.ai Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $127.7 million, down 19.3% from fiscal 2024.
BigBear.ai Holdings, Inc. (BBAI) is an Information Technology Services company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, BBAI traded at $2.16, a market capitalization of $1.1 billion.
Return on equity was −96.7% and debt-to-equity 0.01.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 2.31 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.