BigBear.ai Holdings, Inc.
BigBear.ai Holdings, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 101 | 87 | 457 | 391 | 108 | 50 | 66 | 72 | 81 | 33 | 32 | 30 | |||||
Debt Securities Held To Maturity Excluding Accrued… | - | - | 130 | - | - | - | - | - | - | - | - | - | |||||
Restricted Cash Current | 6 | 6 | - | - | - | 0 | - | - | - | - | - | - | |||||
Debt Securities Available For Sale Excluding Accru… | 249 | 200 | - | - | - | 0 | - | - | - | - | - | - | |||||
Accounts Receivable Net Current | 23 | 23 | 24 | 28 | 35 | 39 | 32 | 34 | 37 | 22 | 29 | 36 | |||||
Contract With Customer Asset Net Current | 1 | 0 | 2 | 1 | 1 | 1 | 2 | 1 | 2 | 5 | 0 | 0 | |||||
Prepaid Expense And Other Assets Current | 15 | 15 | 7 | 4 | 6 | 4 | 4 | 5 | 5 | 4 | 4 | 5 | |||||
Assets Current | 394 | 331 | 620 | 424 | 148 | 94 | 104 | 112 | 125 | 64 | 66 | 72 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment Net | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |||||
Goodwill | 239 | 241 | 48 | 48 | 119 | 119 | 119 | 119 | 120 | 49 | 49 | 49 | |||||
Intangible Assets Net Excluding Goodwill | 137 | 139 | 113 | 116 | 118 | 119 | 119 | 118 | 120 | 82 | 83 | 82 | |||||
Debt Securities Held To Maturity Excluding Accrued… | - | - | 129 | - | - | - | - | - | - | - | - | - | |||||
Debt Securities Available For Sale Excluding Accru… | 82 | 174 | - | - | - | 0 | - | - | - | - | - | - | |||||
Operating Lease Right Of Use Asset | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 10 | 10 | 4 | 4 | 4 | |||||
Deferred Income Tax Assets Net | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |||||
Other Assets Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | |||||
Assets | 862 | 895 | 920 | 599 | 396 | 344 | 354 | 361 | 378 | 200 | 203 | 208 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 4 | 6 | 6 | 3 | 4 | 8 | 4 | 7 | 6 | 11 | 9 | 7 | |||||
Debt Current | - | 17 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 1 | |||||
Long Term Debt Current | 17 | - | - | - | - | - | - | - | - | - | - | - | |||||
Accrued Liabilities Current | 16 | 20 | 18 | 17 | 21 | 19 | 26 | 20 | 22 | 16 | 15 | 16 | |||||
Contract With Customer Liability Current | 11 | 15 | 4 | 4 | 3 | 3 | 2 | 3 | 4 | 1 | 2 | 2 | |||||
Operating Lease Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Derivative Liabilities Current | 10 | 117 | 167 | 193 | 57 | 171 | 16 | 17 | 25 | 38 | 28 | 44 | |||||
Other Liabilities Current | 6 | 10 | 2 | 3 | 2 | 0 | 1 | 4 | 5 | 1 | 1 | 1 | |||||
Liabilities Current | 65 | 186 | 198 | 222 | 89 | 203 | 51 | 53 | 63 | 69 | 57 | 72 | |||||
Deferred Income Tax Liabilities Net | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Debt Noncurrent | 0 | 90 | 105 | 103 | 101 | 135 | 196 | 195 | 195 | 156 | 194 | 193 | |||||
Operating Lease Liability Noncurrent | 6 | 7 | 7 | 8 | 9 | 9 | 9 | 10 | 11 | 4 | 5 | 5 | |||||
Liabilities | 71 | 283 | 310 | 333 | 198 | 347 | 256 | 258 | 269 | 230 | 255 | 270 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Other Liabilities Noncurrent | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 1,713 | 1,535 | 1,527 | 1,186 | 889 | 625 | 618 | 610 | 604 | 303 | 297 | 292 | |||||
Treasury Stock Common Value | 0 | -57 | -57 | -57 | -57 | -57 | -57 | -57 | -57 | -57 | -57 | -57 | |||||
Retained Earnings Accumulated Deficit | -922 | -866 | -860 | -862 | -634 | -572 | -462 | -450 | -439 | -276 | -292 | -296 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -1 | -0 | -0 | -0 | 0 | 0 | -0 | - | - | 0 | - | - | |||||
Stockholders Equity | 790 | 612 | 610 | 267 | 198 | -4 | 127 | 135 | 143 | -30 | -52 | -62 | |||||
Liabilities And Stockholders Equity | 862 | 895 | 920 | 599 | 396 | 344 | 354 | 361 | 378 | 200 | 203 | 208 | |||||
Debt Securities Held To Maturity Fair Value Curren… | - | - | 130 | - | - | - | - | - | - | - | - | - | |||||
Debt Securities Held To Maturity Fair Value Noncur… | - | - | 129 | - | - | - | - | - | - | - | - | - | |||||
Debt Securities Available For Sale Amortized Cost … | 249 | 200 | - | - | - | 0 | - | - | - | - | - | - | |||||
Allowance For Doubtful Accounts Receivable Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | |||||
Debt Securities Available For Sale Amortized Cost … | 82 | 174 | - | - | - | 0 | - | - | - | - | - | - | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |||||
Common Stock Shares Issued | 477 | 437 | 436 | 369 | 289 | 252 | 250 | 247 | 246 | 157 | 156 | 155 | |||||
Shares Outstanding | 477 | 437 | 436 | 369 | 289 | 252 | 250 | 247 | 246 | 157 | 156 | 155 | |||||
Treasury Stock Common Shares | 0 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 21.74% | -15.94% | -33.33% | - | - | - | - | - | - | - | - | - |
| 2025 | 8.33% | 19.05% | 136.61% | -29.76% | 1.41% | -2.40% | 19.44% | 2.28% | -11.73% | -23.41% | -9.76% | 1.95% |
| 2024 | 7.91% | 8.63% | 9.35% | 31.40% | 28.10% | 31.40% | 31.61% | 141.95% | 137.36% | -27.92% | 4.56% | 5.98% |
| 2023 | -19.37% | -16.60% | -20.55% | 9.55% | -3.82% | -20.38% | 16.88% | 38.96% | 17.53% | -20.08% | -38.93% | -38.52% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 6.08 | 1.78 | 3.13 | 1.91 | 1.66 | 0.46 | 2.06 | 2.10 | 1.98 | 0.92 | 1.15 | 1.00 | |||||
| Quick Ratio | 5.85 | 1.70 | 3.10 | 1.89 | 1.60 | 0.44 | 1.98 | 2.01 | 1.91 | 0.86 | 1.08 | 0.93 | |||||
| Working Capital | 329.25M | 145.02M | 421.84M | 202.64M | 59.12M | -109.21M | 53.60M | 58.46M | 61.97M | -5.34M | 8.77M | -201.00K | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.09 | 0.46 | 0.51 | 1.25 | 1.00 | -93.56 | 2.01 | 1.92 | 1.88 | -7.66 | -4.88 | -4.38 | |||||
| Interest Coverage TTM | -16.29 | -11.81 | -6.94 | -5.83 | -2.32 | -5.20 | -3.98 | -4.30 | -4.51 | -1.57 | -3.94 | -4.22 | |||||
| Debt Ratio | 0.08 | 0.32 | 0.34 | 0.56 | 0.50 | 1.01 | 0.72 | 0.72 | 0.71 | 1.15 | 1.26 | 1.30 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.20 | 0.21 | 0.23 | 0.32 | 0.41 | 0.58 | 0.56 | 0.52 | 0.50 | 0.79 | 0.74 | 0.74 | |||||
| Days Sales Outstanding TTM | 82.22 | 88.13 | 71.93 | 74.51 | 81.22 | 70.24 | 72.42 | 86.90 | 86.50 | 61.21 | 71.47 | 73.19 | |||||
| Receivables Turnover TTM | 4.44 | 4.14 | 5.07 | 4.90 | 4.49 | 5.20 | 5.04 | 4.20 | 4.22 | 5.96 | 5.11 | 4.99 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.61 | -0.82 | -0.95 | -1.38 | -0.91 | -1.27 | -0.76 | -0.69 | -0.92 | -0.47 | -0.44 | -0.61 | |||||
| Free Cash Flow Per Share TTM | -0.11 | -0.12 | -0.09 | -0.09 | -0.12 | -0.17 | -0.09 | -0.06 | -0.11 | -0.12 | -0.18 | -0.29 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 25.76% | 22.31% | 27.28% | 27.97% | 28.54% | 28.58% | 26.99% | 26.77% | 25.58% | 26.17% | 25.41% | 26.43% | |||||
| Operating Profit Margin TTM | -170.35% | -167.54% | -98.14% | -85.34% | -35.38% | -84.32% | -86.37% | -89.20% | -85.59% | -25.16% | -36.68% | -37.75% | |||||
| Net Profit Margin TTM | -226.69% | -230.21% | -295.61% | -290.98% | -143.70% | -186.78% | -121.90% | -115.14% | -117.86% | -45.54% | -44.53% | -55.14% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -20.34% | -19.32% | -6.95% | 3.46% | 9.40% | 1.98% | 0.01% | -8.76% | -9.11% | 0.10% | 4.61% | 9.43% | |||||
| Net Income Growth (1Y) | 25.66% | -0.55% | 125.64% | 161.47% | 33.39% | 318.28% | 173.77% | 90.52% | 33.45% | -41.93% | -66.60% | -53.97% | |||||
| EPS Growth (1Y) | -32.97% | -35.25% | 42.21% | 100.88% | -1.00% | 167.21% | 70.68% | 12.52% | -1.27% | -50.31% | -72.93% | -60.06% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -5.77 | -6.59 | -6.07 | -4.90 | -3.14 | -3.52 | -1.93 | -2.19 | -2.23 | -4.52 | -3.41 | -3.84 | |||||
| P/B TTM | 2.11 | 3.17 | 4.24 | 8.17 | 3.65 | -279.90 | 2.86 | 2.76 | 2.68 | -10.65 | -4.50 | -5.55 | |||||
| P/S TTM | 13.08 | 15.18 | 17.93 | 14.27 | 4.51 | 6.57 | 2.35 | 2.52 | 2.63 | 2.06 | 1.52 | 2.12 | |||||
| Market Cap | 1.67B | 1.94B | 2.59B | 2.18B | 721.70M | 1.04B | 364.93M | 371.92M | 383.92M | 319.36M | 235.30M | 341.85M | |||||
| Enterprise Value | 1.58B | 1.95B | 2.23B | 1.89B | 715.49M | 1.13B | 495.08M | 495.32M | 498.10M | 444.19M | 396.90M | 505.75M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -54.05M | -42.48M | -35.38M | -27.64M | -30.95M | -38.60M | -23.69M | -15.08M | -20.69M | -18.31M | -28.80M | -42.00M | |||||
| Net Debt | -90.11M | 14.40M | -351.73M | -287.80M | -6.20M | 86.08M | 130.15M | 123.40M | 114.18M | 124.83M | 161.60M | 163.90M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
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| EV EBITDA TTM | |||||||||||||||||
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| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
BigBear.ai Holdings, Inc. (BBAI) — SEC Financial Statements & Analysis
BigBear.ai Holdings, Inc. (BBAI) is a services-prepackaged software company, incorporated in DE. BigBear.ai Holdings, Inc. trades on NYSE as: BBAI, BBAI-WT. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), BigBear.ai Holdings, Inc. reported a -20.34% year-over-year revenue growth, a Gross Profit Margin of 25.76% (TTM), a Debt-to-Equity ratio of 0.09x, a Price-to-Sales (P/S) ratio of 13.08x (TTM), a Price-to-Book (P/B) ratio of 2.11 (TTM), at a market cap of $1.67B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -20.34%
- Gross Profit Margin TTM
- 25.76%
- Debt To Equity
- 0.09x
- P/S TTM
- 13.08x
- P/B TTM
- 2.11
- Market Cap
- $1.67B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is BigBear.ai Holdings, Inc. in?
BigBear.ai Holdings, Inc. (BBAI) operates in the Services-Prepackaged Software industry.
What is BBAI's market cap?
BigBear.ai Holdings, Inc. (BBAI) has a market capitalization of $1.67B as of 2026-03-31.
What exchange does BBAI trade on?
BigBear.ai Holdings, Inc. (BBAI) trades on the NYSE.
Where is BigBear.ai Holdings, Inc. incorporated?
BigBear.ai Holdings, Inc. is incorporated in DE.