BigBear.ai Holdings, Inc. logo BBAI - BigBear.ai Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 1
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $6.00 DETAILS
HIGH: $6.00
LOW: $6.00
MEDIAN: $6.00
CONSENSUS: $6.00
UPSIDE: 43.54%
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Revenue
Revenue 127.7 158.2 155.2 155.0 145.6 91.3 73.6 49.4
Cost of Revenue 99.2 113.0 114.6 112.0 111.5 69.6 56.1 37.7
Gross Profit 28.5 45.2 40.6 43.0 34.1 21.7 17.5 11.7
Operating Expenses
R&D Expenses 16.8 10.9 5.0 8.4 6.0 0.6 0.1 0
SG&A Expenses 95.1 80.0 65.8 90.5 106.5 15.5 11.0 7.8
Other Expenses 0 87.7 8.8 54.6 0 10.1 0 0
Operating Expenses 111.9 178.6 79.6 153.5 112.5 26.2 11.1 7.8
Operating Income
Operating Income (83.4) (133.4) (39.0) (110.5) (78.5) (4.6) 6.4 3.9
Interest Expense 18.1 25.6 14.2 14.4 7.8 0 0.1 0.0
Interest Income 13.3 0 0 0 0 0 0 0
Profitability
EBITDA (260.5) (258.3) (22.3) (48.2) (107.4) 6.6 6.4 4.0
EBIT (275.8) (270.2) (30.2) (55.9) (114.7) 5.5 6.4 3.9
Income Before Tax (315.6) (295.8) (70.4) (109.5) (122.5) 0.1 6.3 3.9
Income Tax Expense (21.7) (0.3) 0.2 1.9 1.1 2.6 0.0 0.0
Net Income (293.9) (295.5) (70.7) (111.4) (123.6) (2.5) 6.2 3.9
Per Share Data
EPS (Basic) -0.82 -1.27 -0.40 -0.95 -1.15 0.06 0.04
EPS (Diluted) -0.82 -1.27 -0.40 -0.95 -1.15 0.06 0.04
Shares Outstanding 358.8 233.6 149.2 127.7 107.0 105 105 105
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 87.1 50.1 32.6 12.6 68.9 9.7 1.6
Short-Term Investments 0 0 0 0 0 0 0
Net Receivables 22.7 39.8 26.8 31.4 29.2 24.0 13.8
Inventory 0 0 0 0 101.0 0 0
Other Current Assets 220.7 0 0 3.6 0.5 0 0
Total Current Assets 330.5 93.8 63.8 54.3 206.2 34.3 15.8
Non-Current Assets
Property, Plant & Equipment 8.6 10.8 5.0 6.1 1.1 0.9 0.1
Goodwill 241.1 119.1 48.7 48.7 91.6 91.3 0
Intangible Assets 139.5 119.1 82.0 85.7 83.6 90.5 0
Long-Term Investments 173.9 0 0 0 0 0 0
Other Non-Current Assets 0.9 1.0 0.4 0.5 0.8 0.6 0.0
Total Non-Current Assets 564.0 250.0 136.1 141.0 177.1 184.0 0.2
Total Assets 894.5 343.8 199.9 195.3 383.3 218.4 15.9
Current Liabilities
Account Payables 6.1 8.5 11.0 15.4 5.5 2.7 1.1
Short-Term Debt 17.7 0.8 1.2 2.1 4.2 1.1 0
Deferred Revenue 0 0 0.9 2.0 4.2 0.5 0
Other Current Liabilities 161.8 192.6 44.6 2.1 45.4 0.4 0.1
Total Current Liabilities 185.5 203.0 68.6 35.8 70.0 12.1 4.3
Non-Current Liabilities
Long-Term Debt 6.7 135.4 194.3 192.3 190.4 105.9 0
Deferred Tax Liabilities 0 0 0.0 0 0.2 0 0.0
Other Non-Current Liabilities 90.5 0 0 0.0 0.3 0.0 0
Total Non-Current Liabilities 97.2 144.5 198.6 197.4 190.9 105.9 0.0
Total Liabilities 282.7 347.5 267.2 233.2 261.0 118.0 4.3
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 108.2 5.0
Retained Earnings (865.6) (571.6) (313.4) (253.1) (131.4) (7.8) 6.7
Accumulated Other Comprehensive Income (0.1) 0.1 0 0 0 0 0
Total Stockholders' Equity 611.9 (3.7) (67.3) (37.9) 122.4 100.4 11.7
Total Liabilities & Equity 894.5 343.8 199.9 195.3 383.3 218.4 15.9
Debt Metrics
Total Debt 24.3 146.4 200.6 200.3 194.6 107.0 0
Net Debt (62.8) 96.3 168.0 187.6 125.7 97.3 (1.6)
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Operating Activities
Net Income (293.9) (295.5) (70.7) (111.4) (123.6) (2.5) 6.2 3.9
Depreciation & Amortization 15.3 11.9 7.9 7.8 7.3 1.1 0.1 0.1
Stock-Based Compensation 23.3 21.1 18.7 10.9 60.6 0.1 0.1 0
Change in Working Capital 5.0 (13.6) 3.6 0.5 (2.1) 4.0 (1.9) (2.0)
Other Non-Cash Items 230.1 238.3 22.4 45.2 36.9 (1.4) (0.4) 0.6
Operating Cash Flow (42.0) (38.1) (18.3) (48.9) (19.8) 1.2 4.1 1.9
Investing Activities
Capital Expenditure (0.5) (11.1) (3.8) (0.8) (0.6) (0.3) (0.0) (0.1)
Acquisitions (229.0) 13.9 0 (4.5) (0.2) (184.7) 0 0
Purchases of Investments (565.4) 0 0 0 0 0 0 0
Sales/Maturities of Investments 191.2 0 0 0 0 0 0 0
Other Investing Activities (2.9) (10.6) (3.8) 0 0.0 0 0 0
Investing Cash Flow (606.7) 2.8 (3.8) (5.2) (0.9) (185.0) (0.0) (0.1)
Financing Activities
Net Debt Issuance (0.8) (0.4) (0.8) (2.2) 94.2 107.2 0 0
Stock Repurchased 0 0 (5.7) (100.9) 0 0 0 0
Dividends Paid 0 0 0 0 0 (9.8) (0.8) (2.6)
Other Financing Activities (6.8) 52.9 (1.4) (0.1) 86.6 94.7 (2) 0
Financing Cash Flow 691.3 52.5 42.1 (103.1) 180.9 192.2 (2.8) (2.6)
Cash Position
Net Change in Cash 42.5 17.6 19.9 (157.3) 160.2 8.4 1.3 (0.8)
Cash at Beginning 50.1 32.6 12.6 169.9 9.7 1.6 0.4 1.1
Cash at End 92.6 50.1 32.6 12.6 169.9 10.1 1.6 0.4
Free Cash Flow (42.5) (49.2) (22.1) (49.7) (20.4) 0.9 4.1 1.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018
Income Statement
Revenue 127.7 158.2 155.2 155.0 145.6 91.3 73.6 49.4
Gross Profit 28.5 45.2 40.6 43.0 34.1 21.7 17.5 11.7
Operating Income (83.4) (133.4) (39.0) (110.5) (78.5) (4.6) 6.4 3.9
Net Income (293.9) (295.5) (70.7) (111.4) (123.6) (2.5) 6.2 3.9
EPS (Diluted) -0.82 -1.27 -0.40 -0.95 -1.15 0.06 0.04
Balance Sheet
Cash & Equivalents 87.1 50.1 32.6 12.6 68.9 9.7 1.6
Total Assets 894.5 343.8 199.9 195.3 383.3 218.4 15.9
Total Debt 24.3 146.4 200.6 200.3 194.6 107.0 0
Stockholders' Equity 611.9 (3.7) (67.3) (37.9) 122.4 100.4 11.7
Cash Flow
Operating Cash Flow (42.0) (38.1) (18.3) (48.9) (19.8) 1.2 4.1 1.9
Capital Expenditure (0.5) (11.1) (3.8) (0.8) (0.6) (0.3) (0.0) (0.1)
Free Cash Flow (42.5) (49.2) (22.1) (49.7) (20.4) 0.9 4.1 1.8