BigBear.ai Holdings Inc
NYSE:BBAI

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BigBear.ai Holdings Inc Logo
BigBear.ai Holdings Inc
NYSE:BBAI
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Price: 6.56 USD -3.81% Market Closed
Market Cap: 2.9B USD

BigBear.ai Holdings Inc
Investor Relations

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.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

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.

Key Financials
Cash and Investments
$715 million
Cash
$457 million
Held-to-Maturity Securities
$258 million
Q3 Revenue
$33.1 million
Gross Margin
22.4%
SG&A Expenses
$25.3 million
Net Income
$2.5 million
Adjusted EBITDA
-$9.4 million
Shares Sold
65 million
Average Gross Selling Price Per Share
$5.18
Gross Proceeds From Equity Raise
$337 million
Full Year 2025 Revenue Guidance
$125 million to $140 million
Ask Sage Annual Recurring Revenue (ARR) 2025 Target
$25 million
Earnings Call Recording
Other Earnings Calls

Management

Ms. Amanda Long
CEO & Director
No Bio Available
Mr. Theodore Tanner Jr.
Chief Technology & Strategy Officer
No Bio Available
Mr. Kevin McAleenan
President
No Bio Available
Ms. Julie Peffer
Chief Financial Officer
No Bio Available
Mr. Carl Napoletano
Chief Operating Officer
No Bio Available
Mr. Sean Ricker
Chief Accounting Officer
No Bio Available
Ms. Carolyn Blankenship
General Counsel & Secretary
No Bio Available
Shane Karp
Vice President of Marketing & Communications
No Bio Available

Contacts

Address
MARYLAND
Columbia
6811 Benjamin Franklin Drive, Suite 200
Contacts
+14109670335.0
ir.bigbear.ai