BigBear.ai Holdings, Inc.
BBAI · Price history
Price at last available close
$2.67
+$0.02 (+0.75%) 1M
2026-10-29
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Company & revenue
About BigBear.ai Holdings, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
BigBear. ai Holdings, Inc. harnesses artificial intelligence (AI) and machine learning (ML) capabilities to provide robust decision support. The company organizes its operations into two core segments: Cyber & Engineering and Analytics.
How they make money
BigBear.ai generates revenue primarily through multi-year contracts for AI-powered decision intelligence solutions. The company often utilizes a land-and-expand model, where it initially deploys prototype capabilities to potential customers at minimal or no cost for evaluation before attempting to convert these engagements into long-term, revenue-generating sales arrangements.
Products & services
BigBear.ai provides AI-powered decision intelligence solutions, including the ConductorOS platform for modeling and simulation, and the Ask Sage generative AI solution for defense and intelligence applications.
Brands & revenue mix
Platform for modeling and simulation used in military interoperability and crisis-action planning.
Separate brand revenue is not available in this research.Source
Platform-agnostic generative AI solution for defense and intelligence customers.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
For the twelve months ended December 31, 2025, revenue earned from customers contributing in excess of 10% of consolidated revenues was $65 million, representing 51% of total revenue.
Suppliers, materials & equipment
No supplier relationships were confirmed in the sources reviewed. This does not mean the company has no suppliers.
Strengths
Sources
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
23
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
29
Poor
Financial Strength
7
Business Quality / Moat
50
Management
40
Growth Quality
33
Risk / Durability
17
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
33
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
41/100
Building Historical Record
Model Score 41/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Asset quality scores strongly
- •Recent buyback activity is present
- •Share split detected
- •Debt service risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for BBAI
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can BBAI maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can BBAI fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •How is BBAI likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for BBAI to reach sustainable profitability?
- •What future growth or profitability would be needed to justify BBAI's current valuation?
Essential Investment Snapshot
Wall Street Score
23
Opportunity Score
33
Market Cap
$1.28B
P/E Ratio
-15.6
EPS
$-0.17
52-Week High
$9.39
52-Week Low
$2.59
Beta
3.18
Analyst Target
$4.00
Shares Outstanding
358.8M
Total Revenue
$131.6M
Total Debt
$22.8M
Dividend
No current dividend
Liquidation Value / Share
$2.15
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Neutral / mixed momentum
High movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for BBAI
Detected from reported data — verify before acting.Share split detected
A recent SEC filing references a reverse stock split/share consolidation. Repeated reverse splits receive progressively harsher score ceilings.
Supporting sourceHistorical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Debt service risk
Interest coverage is low (~-4.6x). Earnings may be strained to cover interest expense.
Community Sentiment
0 active · 0 total callsNo personal call yet on BBAI.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +First-mover advantage with Ask Sage generative AI solution.
- +Strongest financial position in company history.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Information Technology Services industry.
- −Termination for convenience provisions in customer contracts.
- −Uncertainty in converting prototype engagements into long-term sales.
- −A recent SEC filing references a reverse stock split/share consolidation. Repeated reverse splits receive progressively harsher score ceilings.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
5 historical score records availablePrevious Score
23
Sep 9, 2026
Change
Unchanged
Current Score
23
Oct 1, 2026
Category Changes
BBAI score was unchanged.
Projected Score
Projected Score
24
Projected Change
+0.8 points
Preliminary comparable-period financial changes suggest improvement of approximately 0.8 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$2.67
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $131.6M | $127.7M | $158.2M | $155.2M | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $94.9M | $99.2M | $113.0M | $114.6M | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $36.7M | $28.5M | $45.2M | $40.6M | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $21.3M | $16.8M | $10.9M | $5.0M | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $112.0M | $95.1M | $80.0M | $65.8M | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $132.6M | $111.9M | $178.6M | $79.6M | ···· | ···· | ···· | ···· | ···· |
| EBITDA | -$54.4M | -$260.5M | -$258.3M | -$22.3M | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$95.9M | -$83.4M | -$133.4M | -$39.0M | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $9.2M | $18.1M | $25.6M | $14.2M | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$85.8M | -$315.6M | -$295.8M | -$70.4M | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | -$20K | -$21.7M | -$256K | $222K | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$85.8M | -$293.9M | -$295.5M | -$70.7M | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-0.17 | $-0.82 | $-1.27 | $-0.40 | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 479M | 359M | 234M | 149M | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 479M | 359M | 234M | 149M | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$36.7M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.05
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-79.8%
Cash Change
-90.7%
Margin Change
+634.0 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Debt reduced
What Weakened
- Cash position declined
Potential Score Impact
Positive indicators included revenue growth, debt levels, net income margin. Pressure indicators included EPS growth, cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 13.2%. EPS declined 93.0%. Cash declined 90.7%. Total debt declined 79.8%. Net income margin improved by 634.0 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
5 historical recordsHistorical Score Chart
3 of 5 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Information Technology ServicesNews
BigBear.ai: There Is Potential, But Lacking Execution (Q3 Review)
BigBear.ai Holdings, Inc. (BBAI) Sees a More Significant Dip Than Broader Market: Some Facts to Know
BigBear.ai Secures More Than $225 million in Contract Awards Across Homeland Security, Defense, Intelligence and Federal Civilian Agencies
BigBear.ai Holdings, Inc. (BBAI) Stock Slides as Market Rises: Facts to Know Before You Trade
Rumor Mill · BBAI
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
Related Stock Research
Continue researching this company with related Wall Street Score rankings and investing guides.
Score Alerts
Premium unlocks alerts when a score rises, falls, or reaches your target price.
Start 7-Day Free TrialPortfolio Score
Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.
Start 7-Day Free Trial