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Companies / Information Technology / BigBear.ai Holdings, Inc.
BBAI

BigBear.ai Holdings, Inc.

Information TechnologyPrepackaged Software
Ticker BBAIMCLEAN, VAFiscal year ends DecemberBook value per share $1.43Diluted shares 477.5M

BigBear.ai Holdings, Inc. (NYSE: BBAI) provides artificial intelligence technology and services for national security, travel and trade, serving U.S. government agencies and select commercial partners. Its capabilities include generative AI for defense and intelligence, edge-based data and AI orchestration,… From the company’s description.

Over the twelve months to Sep 30, 2026, BigBear.ai Holdings, Inc. reported revenue of $142.06M, down 1.5% from a year earlier, and a net loss of $180.20M. Its operating margin was −164.2%, and operations used $71.59M in cash. In fiscal 2025, it reported revenue of $127.67M, down 19.3% from fiscal 2024, and a net loss of $293.91M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$127.67MFY2025
−19.3% year over year
Last 12 mo $142.06M
-167.54%FY2025
−83.2 percentage points
Last 12 mo -164.22%
$-293.91MFY2025
+0.6% year over year
Last 12 mo $-180.20M
-25.60%FY2025
−5658 percentage points
Last 12 mo -5.15%
Cash & financing
$-41.95MFY2025
−10.1% year over year
Last 12 mo $-71.59M
$-46.32MFY2025
+5.9% year over year
Last 12 mo $-72.72M
0.17FY2025
Was -36.68× a year earlier
Last 12 mo 0.02
358.8MFY2025
+53.6% year over year
Last 12 mo 477.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What BigBear.ai Holdings, Inc. does

In the company’s own words

BigBear.ai Holdings, Inc. (NYSE: BBAI) provides artificial intelligence technology and services for national security, travel and trade, serving U.S. government agencies and select commercial partners. Its capabilities include generative AI for defense and intelligence, edge-based data and AI orchestration, operational readiness analytics, biometric identity verification, digital twins for modeling complex systems, and logistics and supply-chain tools. Products include Ask Sage, a generative AI platform for defense and intelligence users; ConductorOS, which orchestrates connected devices and AI models in mission-critical environments; and CargoSeer, which supports cargo inspection and trade risk management. BigBear.ai also provides computer vision, predictive analytics and decision-support solutions, often tailored to customer needs and deployed alongside customer teams. The company acquired Ask Sage in December 2025 and CargoSeer assets in January 2026. As of December 31, 2025, it had 579 employees, most of whom worked in the United States and held active security clearances. Its website is https://bigbear.ai/.

Company details
Sector
Information Technology
Industry (SIC)
Prepackaged Software
Headquarters
MCLEAN, VA
Fiscal year end
December
CIK
1836981
SIC
7372

Financial performance, year by year

Fiscal 2021–2025 · USD
$-340.93M$-204.79M$-68.66M$67.48M$203.61M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns BigBear.ai Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

139
funds hold it
0 of 35
superinvestors hold it
$328.42M
held by funds, at market
16.7%
of shares held by funds

Largest fund holders · BigBear.ai Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.06%of fund net assets
—of fund net assets
Global X Defense Tech ETF
SHLD · GLOBAL X FUNDS
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do BigBear.ai Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
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