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%

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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 →