BigBear.ai Holdings, Inc. (BBAI)

BigBear.ai Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	152.56	158.24	155.16	155.01	145.58	91.32
Revenue Growth (YoY)	3.46%	1.98%	0.10%	6.48%	59.42%	24.03%
Cost of Revenue	109.89	113.02	114.56	112.02	111.51	69.63
Gross Profit	42.67	45.22	40.6	42.99	34.07	21.69
Selling, General & Admin	77.71	70.64	65.78	90.52	97.81	15.54
Research & Development	14.71	10.86	5.04	8.39	6.03	0.62
Operating Expenses	92.42	81.5	70.82	98.92	103.84	16.16
Operating Income	-49.75	-36.28	-30.22	-55.92	-69.77	5.53
Interest Expense	-22.35	-25.65	-24.88	-24.09	-7.76	-0.62
Other Non Operating Income (Expenses)	-257.75	-105.46	-6.97	21.37	-33.35	-
EBT Excluding Unusual Items	-329.85	-167.39	-62.06	-58.65	-110.89	4.91
Merger & Restructuring Charges	-4.48	-4.54	-3.54	-7.55	-8.7	-10.09
Impairment of Goodwill	-70.64	-85	-	-53.54	-	-
Legal Settlements	-0.63	-1.14	-2.25	-	-	-
Other Unusual Items	-38.55	-37.73	-3.03	6.49	-2.88	-
Pretax Income	-444.14	-295.8	-70.88	-113.25	-122.47	-5.18
Income Tax Expense	-0.22	-0.26	-0.22	-1.88	1.08	-2.63
Net Income	-443.92	-295.55	-70.66	-111.37	-123.55	-2.55
Preferred Dividends & Other Adjustments	-	-	-	-	-	5.29
Net Income to Common	-443.92	-295.55	-70.66	-111.37	-123.55	-7.84
Shares Outstanding (Basic)	275	234	149	128	107	-
Shares Outstanding (Diluted)	275	234	149	128	107	-
Shares Change (YoY)	47.41%	56.54%	16.86%	19.33%	-	-
EPS (Basic)	-1.61	-1.27	-0.47	-0.87	-1.15	-
EPS (Diluted)	-1.62	-1.27	-0.47	-0.87	-1.15	-
Free Cash Flow	-27.64	-38.6	-18.31	-49.69	-20.43	0.92
Free Cash Flow Per Share	-0.10	-0.17	-0.12	-0.39	-0.19	-
Gross Margin	27.97%	28.58%	26.17%	27.73%	23.40%	23.75%
Operating Margin	-32.61%	-22.93%	-19.47%	-36.08%	-47.93%	6.05%
Profit Margin	-290.98%	-186.78%	-45.54%	-71.84%	-84.87%	-8.58%
Free Cash Flow Margin	-18.12%	-24.40%	-11.80%	-32.05%	-14.03%	1.01%
EBITDA	-37.32	-24.41	-22.32	-48.17	-62.51	6.61
EBITDA Margin	-24.46%	-15.43%	-14.38%	-31.07%	-42.94%	7.24%
D&A For EBITDA	12.43	11.87	7.9	7.76	7.26	1.08
EBIT	-49.75	-36.28	-30.22	-55.92	-69.77	5.53
EBIT Margin	-32.61%	-22.93%	-19.47%	-36.08%	-47.93%	6.05%
Advertising Expenses	-	0.16	0.34	0.34	0.76	-

Updated Aug 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q