BigBear.ai Holdings Inc
NYSE:BBAI
BigBear.ai Holdings Inc
BigBear.ai Holdings, Inc. engages in data-driven decision dominance and advanced analytics that provides its customers with a competitive advantage in a world driven by data that is growing in terms of volume, variety, and velocity. The company is headquartered in Columbia, Maryland and currently employs 665 full-time employees. The company went IPO on 2021-02-09. The firm operationalizes artificial intelligence and machine learning through its end-to-end data analytics platform. The firm uses its AI/ML technology to support its customers in decision-making processes and deliver practical solutions in data environments. Its composable AI-powered platform solutions include Observe (data ingestion and conflation), Orient (composable machine learning at scale), and Dominate (visual anticipatory intelligence and optimization). The Company’s software products and technology helps to analyze information, identify, and manage risk, and support mission-critical decision making. The firm deploys its Observe, Orient and Dominate products to customers throughout the defense, intelligence, and commercial markets.
BigBear.ai Holdings, Inc. engages in data-driven decision dominance and advanced analytics that provides its customers with a competitive advantage in a world driven by data that is growing in terms of volume, variety, and velocity. The company is headquartered in Columbia, Maryland and currently employs 665 full-time employees. The company went IPO on 2021-02-09. The firm operationalizes artificial intelligence and machine learning through its end-to-end data analytics platform. The firm uses its AI/ML technology to support its customers in decision-making processes and deliver practical solutions in data environments. Its composable AI-powered platform solutions include Observe (data ingestion and conflation), Orient (composable machine learning at scale), and Dominate (visual anticipatory intelligence and optimization). The Company’s software products and technology helps to analyze information, identify, and manage risk, and support mission-critical decision making. The firm deploys its Observe, Orient and Dominate products to customers throughout the defense, intelligence, and commercial markets.
Major Acquisition: BigBear.ai announced the acquisition of Ask Sage, a leading generative AI platform for government and regulated sectors, expected to accelerate growth and expand their national security presence.
Financial Position: The company ended the quarter with $715 million in cash and investments, strengthening its ability to invest in growth and M&A.
Revenue Decline: Q3 revenue was $33.1 million, down $8.4 million year-over-year, mainly due to lower Army program volume.
Margins & Profitability: Gross margin fell to 22.4% from 25.9% last year; adjusted EBITDA turned negative at -$9.4 million versus $900,000 a year ago.
Guidance Maintained: Full-year 2025 revenue guidance remained at $125–140 million despite ongoing government shutdown risks.
Strategic Outlook: Management highlighted their disciplined M&A strategy, growing market opportunities in AI for defense, and plans for platform and international expansion.
