BigBear.ai Holdings, Inc. Redeemable warrants, each full warrant exercisable for one share of common stock at an exercise price of $11.50 per share financials
$0.0900+15.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.7M | $34.4M | $27.3M | $33.1M | $32.5M | $34.8M | $43.8M | $41.5M | $39.8M | $33.1M | $40.6M | $34.0M |
| Gross profit | $12.1M | $11.7M | $5.5M | $7.4M | $8.1M | $7.4M | $16.4M | $10.8M | $11.1M | $7.0M | $13.0M | $8.4M |
| Gross margin | 32.8% | 34.0% | 20.3% | 22.4% | 25.0% | 21.3% | 37.4% | 25.9% | 27.8% | 21.1% | 32.1% | 24.7% |
| Operating income | -$28.8M | -$24.3M | -$151.2M | -$21.9M | -$90.1M | -$21.5M | -$93.1M | -$10.5M | -$16.7M | -$13.1M | -$7.4M | -$6.7M |
| Net income | -$25.7M | -$56.8M | -$5.8M | $2.5M | -$228.6M | -$62.0M | -$138.2M | -$15.1M | -$14.4M | -$127.8M | -$31.5M | $4.0M |
| Net margin | −70.1% | −164.8% | −21.4% | 7.6% | −704.0% | −178.3% | −315.3% | −36.5% | −36.3% | −385.8% | −77.8% | 11.8% |
| Diluted EPS | $-0.05 | $-0.12 | $-0.01 | $-0.03 | $-0.71 | $-0.25 | $-0.55 | $-0.06 | $-0.06 | $-0.68 | $-0.20 | $0.03 |
| EBITDA | -$20.8M | -$16.0M | -$20.7M | -$17.1M | -$14.2M | -$16.3M | -$5.0M | -$7.1M | -$13.0M | -$9.8M | -$7.3M | -$4.7M |
| Operating cash flow | -$22.2M | -$18.0M | -$21.8M | -$9.6M | -$3.9M | -$6.7M | -$14.8M | -$1.9M | -$7.1M | -$14.4M | -$74.0K | $6.6M |
| Free cash flow | -$22.5M | -$18.3M | -$22.1M | -$9.8M | -$3.9M | -$6.7M | -$15.0M | -$2.0M | -$7.2M | -$14.4M | -$74.0K | $6.6M |
| Diluted shares | 479.1M | 473.1M | 414.1M | 448.2M | 320.6M | 252.3M | 250.9M | 250.0M | 246.3M | 187.3M | 155.0M | 157.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $36.3M | $100.7M | $87.1M | $456.6M | $390.8M | $107.6M |
| Short-term investments | $282.9M | $248.7M | $200.5M | $130.1M | $0.00 | $0.00 |
| Total debt | $16.6M | $16.6M | $107.0M | $104.9M | $103.0M | $101.4M |
| Total assets | $841.3M | $861.7M | $894.5M | $919.8M | $599.4M | $396.3M |
| Total liabilities | $71.0M | $71.3M | $282.7M | $309.7M | $332.8M | $198.5M |
| Shareholders' equity | $770.3M | $790.4M | $611.9M | $610.0M | $266.6M | $197.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology