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BigBear.ai

BBAI

BigBear.ai is a specialized provider of mission-ready artificial intelligence and machine learning solutions primarily serving the defense, national security, travel, and trade sectors.

Market cap
$1.36B-27.4%
Revenue$127.4M-20.3%
Net income-$288.7M-25.7%
Free cash flow-$54.1M-74.6%
EPS (diluted)-$1.11+19.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 10, 2026 (In 1 week)
Revenue estimate$36.4M
EPS estimate-$0.04

Financials

Q1 2026

Income statement

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Revenue$34.4M-0.9%
Gross profit$11.7M+58.6%
Operating income-$24.3M-14.4%
Net income-$56.8M+8.4%
EPS (diluted)-$0.12+52.0%

Balance sheet

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Cash & equivalents$106.7M-0.8%
Total debt$24.1M-78.3%
Total equity$790.4M+300%
Total assets$861.7M+117%

Cash flow

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Operating cash flow-$18.0M-170%
CapEx$319.0K+299%
Free cash flow-$18.3M-172%

Valuation & ratios

Valuation

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Market cap$1.36B-27.4%
Enterprise value$1.27B-29.4%
P/S10.6×-3.0×

Profitability

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Gross margin25.8%-2.8pp
Operating margin-170.4%-231pp
Net margin-226.7%+310pp
FCF margin-42.4%-263pp

Returns & leverage

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Return on equity-58.4%-21.1pp
Debt / equity-0.5×
Current ratio6.1×+4.4×

Competitors

Profile

BigBear.ai is a specialized provider of mission-ready artificial intelligence and machine learning solutions primarily serving the defense, national security, travel, and trade sectors. The company delivers strategic advantages through a suite of technologies including computer vision, predictive analytics, biometrics, and generative AI to enable faster decision-making and operational efficiency. Its core value proposition lies in providing secure, FedRAMP-authorized AI tools that operate in highly sensitive, disconnected, or tactical environments.

Competitive position

BigBear.ai holds a first-mover advantage in FedRAMP-authorized generative AI for defense and maintains a highly cleared workforce integrated into customer operations.

GeographiesUnited States, United Kingdom, United Arab Emirates
Customer segmentsFederal Government, Defense Agencies, Commercial Enterprises, International Governments
Business modelB2B, B2G, SaaS, Professional Services
SuppliersCloud Infrastructure Providers, Hardware and Sensor Manufacturers, Open-source AI Frameworks, Data Center Operators
CustomersU.S. Joint Force, Customs Enforcement Agencies, Global Trade Operators, National Security Staff
Listed2021
Employees480.0
CEOKevin McAleenan
Websitebigbear.ai
FilingsSEC EDGAR

Questions, answered.

What is BigBear.ai's market cap?
BigBear.ai (BBAI) has a market capitalization of $1.4B and trades on NYSE.
What is BigBear.ai's revenue and profitability?
BigBear.ai generated $127.4M in trailing twelve-month revenue with a net loss of $288.7M, representing a net margin of -226.7%. Gross margin stands at 25.8%, with free cash flow of -$54.1M. These figures are based on the Q1 2026 filing.
Who are BigBear.ai's competitors?
BigBear.ai's key competitors include Booz Allen Hamilton, Palantir Technologies, Microsoft, and others. These companies compete in similar markets and product categories.
What subsidiaries does BigBear.ai have?
BigBear.ai's subsidiaries include Ask Sage, CargoSeer.
Where is BigBear.ai headquartered?
BigBear.ai is headquartered in United States of America and employs approximately 480 people. It has been publicly traded since 2021.