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BigBear.ai Holdings, Inc.

BBAITechnologyNASDAQ

Information Technology Services · Last scanned May 30, 2026

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Financials · Annual
Revenue
$127.7M
-19.3% YoY
Net Income
-$293.9M
+0.6% YoY
EBITDA
-$282.2M
-9.3% YoY
Free Cash Flow
-$59.5M

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About BigBear.ai Holdings, Inc.

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions for national security, supply chain management, and digital identity markets. The $2.41B market capitalization puts BBAI squarely in mid-cap range for its industry. It offers supply chain and logistics solutions, such as Data Conflation at Scale, which offers a view of operations enabling real-time tracking of inventory and facilitating predictive analytics to optimize functions, including routes and delivery times; Discrete Event Simulation, a course of action analysis and digital twin solution; and Next-Gen Decision Support solution for macroeconomic and geopolitical forecasting.

Key stats
Market Cap$2.41B
Fwd P/E-25.20
EPS$-0.69
Beta3.05
52W Change+27.6%
ROE-58.4%
Analysis

With $349.4M in cash and $24.1M in debt, BBAI maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company is burning cash, with free cash flow at -$59.5M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -58.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been uneven over recent years, ranging from $155.0M to $127.7M.

A beta of 3.05 means BBAI is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence BigBear.ai Holdings, Inc.'s trajectory.

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