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
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $127.7M | $158.2M | $155.2M | $155.0M | $145.6M |
| Gross profit | $28.5M | $45.2M | $40.6M | $43.0M | $34.1M |
| Gross margin | 22.3% | 28.6% | 26.2% | 27.7% | 23.4% |
| Operating income | -$213.9M | -$133.4M | -$39.0M | -$54.4M | -$78.5M |
| Net income | -$293.9M | -$295.5M | -$70.7M | -$111.4M | -$123.6M |
| Net margin | −230.2% | −186.8% | −45.5% | −71.8% | −84.9% |
| Diluted EPS | $-0.82 | $-1.27 | $-0.47 | $-0.87 | $-1.15 |
| EBITDA | -$68.1M | -$33.8M | -$27.6M | -$42.4M | -$71.2M |
| Operating cash flow | -$42.0M | -$38.1M | -$18.3M | -$48.9M | -$19.8M |
| Free cash flow | -$42.5M | -$38.6M | -$18.3M | -$49.7M | -$20.4M |
| Diluted shares | 358.8M | 233.6M | 149.2M | 127.7M | 107.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $87.1M | $50.1M | $32.6M | $12.6M | $68.9M |
| Short-term investments | $200.5M | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $107.0M | $136.2M | $157.4M | $194.4M | $194.6M |
| Total assets | $894.5M | $343.8M | $199.9M | $195.3M | $383.3M |
| Total liabilities | $282.7M | $347.5M | $229.9M | $233.2M | $261.0M |
| Shareholders' equity | $611.9M | -$3.7M | -$30.0M | -$37.9M | $122.4M |
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