BigBear.ai Holdings, Inc. (BBAI) FinancialsBBAIBigBear.ai Holdings, Inc.

BigBear.ai Holdings, Inc. (BBAI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Firm fixed price, accounting for 50.8% of total sales, equivalent to $18.67M. Other significant revenue streams include Time and materials and Cost-reimbursable. Understanding this composition is critical for investors evaluating how BBAI navigates market cycles within the IT Services & Consulting industry.

Evaluating the bottom line, BigBear.ai Holdings, Inc. maintains a gross margin of 32.79%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -65.54%, while the net margin is -70.07%. These profitability ratios, combined with a Return on Equity (ROE) of -16.55%, provide a clear picture of how effectively BBAI converts its operational activities into shareholder value.

In the context of the broader market, BBAI competes directly with industry leaders such as SDGR and INNV. With a market capitalization of $1.53B, it holds a leading position in the sector. When comparing efficiency, BBAI's gross margin of 32.79% stands against SDGR's 55.07% and INNV's 22.27%. Such benchmarking helps identify whether BigBear.ai Holdings, Inc. is trading at a premium or discount relative to its financial performance.

BigBear.ai reported total revenue of $127.7 million in FY 2025, a decline of 19.3%, and a net margin of -230.2%, indicating severe financial instability. The gross margin has fluctuated, with the latest at 32.79% for Q2 2026, showing some improvement but still not sufficient to offset losses.