BigBear.ai, Inc.
6.90+0.12 (+1.77%)
Oct 29, 4:00:02 PM EDT · NYSE · BBAI · USD
Key Stats
Market Cap
3.01BP/E (TTM)
-Basic EPS (TTM)
-1.58Dividend Yield
0%Recent Filings
8-K
CFO appointment stabilizes leadership
BigBear.ai Holdings appointed Sean R. Ricker as permanent Chief Financial Officer on October 14, 2025, after his interim stint since June 6. The 38-year-old internal hire, previously Chief Accounting Officer, secures a $420,000 base salary, 100% bonus target, and 200,000 RSUs vesting over two years. This stabilizes finance leadership amid growth demands. No family ties or special arrangements noted.
8-K
Board elects finance veteran
BigBear.ai Holdings elected Anthony (Tony) Evangelista to its Board of Directors and Audit and Compensation Committees on August 12, 2025. A retired PwC partner with prior SEC experience as Assistant Chief Accountant from 1993 to 1996, he brings deep financial oversight expertise. Evangelista will receive prorated compensation under the company's standard director policy. No related transactions or family ties disclosed.
10-Q
Q2 FY2025 results
BigBear.ai's Q2 revenue fell 18.4% y/y to $32.5M, driven by lower volume on Army programs, while gross margin slipped to 25.0% from 27.8% amid a shift to lower-margin work. Operating loss widened to $90.3M, fueled by a $70.6M goodwill impairment from forecast revisions, yet underlying operations showed resilience with adjusted EBITDA improving to -$8.5M from -$3.7M. Cash swelled to $390.8M after $300M from ATM offerings and warrant exercises, bolstering liquidity against $142.6M in convertible notes (down from $200.8M). Free cash flow burned $13.3M, but funding delays eased receivables. Conversions trimmed debt, yet derivative fair-value swings amplified net loss to $228.6M. Backlog dipped to $380.4M. Government contract volatility lingers.
8-K
Q2 revenue dips, cash surges
BigBear.ai reported Q2 2025 revenue of $32.5 million, down 18% from $39.8 million last year due to lower Army program volumes, with gross margin slipping to 25.0% from 27.8%. A record $390.8 million cash balance fuels investments amid DHS and DoD funding boosts, yet federal disruptions prompted full-year revenue guidance of $125-140 million and withdrawn Adjusted EBITDA outlook. Backlog stands at $380 million. Disruptions hit hard.
8-K
Director Jeffrey Hart resigns
BigBear.ai Holdings announced the resignation of director Jeffrey Hart, effective July 14, 2025. No disagreements with company operations, policies, or practices prompted the departure. The board appreciates his contributions. This routine change leaves the directorate intact amid ongoing AI pursuits.
IPO
Website
Employees
Sector
Industry
BAH
Booz Allen Hamilton Holding Cor
82.83-2.73
BZAI
Blaize Holdings, Inc.
4.03-0.14
CACI
CACI International, Inc.
562.18-10.31
CTSH
Cognizant Technology Solutions
71.69+3.87
GTCH
GBT Technologies Inc.
0.00+0.00
IDAI
T Stamp Inc.
4.47-0.13
III
Information Services Group, Inc
5.53-0.14
KSEZ
Kinetic Seas, Inc.
0.06-0.00
LDOS
Leidos Holdings, Inc.
188.16+0.35
NOTE
FiscalNote Holdings, Inc.
4.00-0.15