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10-K

Annual Report

BigBear.ai Holdings, Inc. BBAI BBAI-WT

0001836981-26-000018

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Filed
Mar 2, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Feb 27, 2026 476.06M sh
Shares Diluted FY 2025 · Dec 31, 2025 358.8M sh
Shares Diluted FY 2025 · Dec 31, 2024 233.6M sh
Shares Diluted FY 2025 · Dec 31, 2023 149.23M sh
Capex FY 2025 · Dec 31, 2025 $525K
Capex FY 2025 · Dec 31, 2024 $484K
Capex FY 2025 · Dec 31, 2023 $2K
Operating Cash Flow FY 2025 · Dec 31, 2025 −$41.95M
Operating Cash Flow FY 2025 · Dec 31, 2024 −$38.12M
Operating Cash Flow FY 2025 · Dec 31, 2023 −$18.31M
Long Term Debt FY 2025 · Dec 31, 2025 $90.48M
Long Term Debt FY 2025 · Dec 31, 2024 $135.4M
Short Term Debt FY 2025 · Dec 31, 2025 $16.56M
Short Term Debt FY 2025 · Dec 31, 2024 $818K
Cash And Equivalents FY 2025 · Dec 31, 2025 $87.13M
Cash And Equivalents FY 2025 · Dec 31, 2024 $50.14M
Cash And Equivalents FY 2025 · Dec 31, 2023 $32.56M
Stockholders Equity FY 2025 · Dec 31, 2025 $611.87M
Stockholders Equity FY 2025 · Dec 31, 2024 −$3.71M
Stockholders Equity restated FY 2025 · Dec 31, 2023 −$30M
Current Liabilities FY 2025 · Dec 31, 2025 $185.52M
Current Liabilities FY 2025 · Dec 31, 2024 $202.97M
Total Liabilities FY 2025 · Dec 31, 2025 $282.68M
Total Liabilities FY 2025 · Dec 31, 2024 $347.49M
Current Assets FY 2025 · Dec 31, 2025 $330.54M
Current Assets FY 2025 · Dec 31, 2024 $93.76M
Total Assets FY 2025 · Dec 31, 2025 $894.55M
Total Assets FY 2025 · Dec 31, 2024 $343.78M
Eps Diluted FY 2025 · Dec 31, 2025 −$0.82
Eps Diluted FY 2025 · Dec 31, 2024 −$1.27
Eps Diluted restated FY 2025 · Dec 31, 2023 −$0.47
Eps Basic FY 2025 · Dec 31, 2025 −$0.82
Eps Basic FY 2025 · Dec 31, 2024 −$1.27
Eps Basic restated FY 2025 · Dec 31, 2023 −$0.47
Sga Expense FY 2025 · Dec 31, 2025 $95.13M
Sga Expense FY 2025 · Dec 31, 2024 $80.04M
Sga Expense FY 2025 · Dec 31, 2023 $71.06M
Rd Expense FY 2025 · Dec 31, 2025 $16.75M
Rd Expense FY 2025 · Dec 31, 2024 $10.86M
Rd Expense FY 2025 · Dec 31, 2023 $5.04M
Net Income FY 2025 · Dec 31, 2025 −$293.91M
Net Income FY 2025 · Dec 31, 2024 −$295.55M
Net Income restated FY 2025 · Dec 31, 2023 −$70.66M
Operating Income FY 2025 · Dec 31, 2025 −$213.9M
Operating Income FY 2025 · Dec 31, 2024 −$133.42M
Operating Income FY 2025 · Dec 31, 2023 −$39.03M
Gross Profit FY 2025 · Dec 31, 2025 $28.48M
Gross Profit FY 2025 · Dec 31, 2024 $45.22M
Gross Profit FY 2025 · Dec 31, 2023 $40.6M
Cost Of Revenue FY 2025 · Dec 31, 2025 $99.19M
Cost Of Revenue FY 2025 · Dec 31, 2024 $113.02M
Cost Of Revenue FY 2025 · Dec 31, 2023 $114.56M
Revenue FY 2025 · Dec 31, 2025 $127.67M
Revenue FY 2025 · Dec 31, 2024 $158.24M
Revenue FY 2025 · Dec 31, 2023 $155.16M