BigBear.ai BBAI Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 25.8%-2.8pp | 22.3%-6.3pp | 27.3%+0.3pp | 28%+1.2pp | 28.5%+3.0pp | |
| Operating margin | -170.4%-135pp | -167.5%-83.2pp | -98.1%-11.8pp | -85.3%+3.9pp | -35.4%+50.2pp | |
| Net margin | -226.7%-83.0pp | -230.2%-43.4pp | -295.6%-179pp | -291%-181pp | -143.7%-29.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×-0.2× | 0.2×-0.4× | 0.2×-0.3× | 0.3×-0.2× | 0.4×-0.1× | |
| Liquidity | ||||||
| Current ratio | 6.1×+4.4× | 1.8×+1.3× | 3.1×+1.1× | 1.9×-0.2× | 1.7×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 0×— | 0.2×— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | $1.67+113% | $1.71+10,825% | $1.36+167% | $0.83+52.0% | $0.78+2.5% | |
| Valuation | ||||||
| Market capitalization | $1.68B+103% | $2.36B+111% | $2.42B+562% | $1.52B+309% | $826.56M+115% | |
| Price / sales | 13.2×+8.0× | 18.5×+11.4× | 16.8×+14.4× | 10×+7.5× | 5.2×+2.5× | |
| Price / book | 2.1×— | 3.9×— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are BigBear.ai's profit margins?
- BigBear.ai (BBAI) runs a 25.8% gross margin and a -170.4% operating margin, with a -226.7% net margin.
- Where do BigBear.ai's ratios come from?
- Every ratio is computed from BigBear.ai's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
