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05.05.26 - 22:18
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BigBear.ai Announces First Quarter 2026 Results, Increases Backlog Including More Than $60 million in National Security Contracts, and Affirms Revenue Guidance (Business Wire)
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1Q 26 revenue of $34.4 million; gross margins expanded 1,278 basis points from 21.3% to 34.0% year-over-year
Backlog increased 14% from the fourth quarter to $281.9 million, primarily driven by a sole-source prime classified award in the first quarter for $53 million.
Settled the remaining $124.6 million of 2029 Convertible notes, primarily through the Company's exercise of debt-to-equity conversion features in January 2026; interest expense reduced by $4.8 million in 1Q 26 vs. 1Q 25
Total available cash and investments of $431.5 million as of March 31, 2026
Launched a retail shareholder voting program to broaden participation in the Company's annual meeting and ensure retail shareholders have a simple, accessible way to make their voices heard
Affirming full-year 2026 revenue guidance of $135 million - $165 million
MCLEAN, Va.--(BUSINESS WIRE)--$BBAI--BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai” or the “Company”), a specialized defense & security technology company providing mission-rea...
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21.04.26 - 22:21
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BigBear.ai to Report First Quarter 2026 Results on May 5, 2026 (Business Wire)
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MCLEAN, Va.--(BUSINESS WIRE)--BigBear.ai (NYSE: BBAI), a specialized defense technology company, providing mission-ready AI for national security and travel & trade customers, today announced that it will publish its first quarter earnings release on Tuesday, May 5 at approximately 4:15 pm ET and will host an earnings call at 4:30 pm ET. The earnings release will be accessible on the Company's investor relations website: https://ir.bigbear.ai. Additional details on the earnings call will be made available on the investor relations website on May 5, 2026.
About BigBear.ai
BigBear.ai is a specialized defense technology company, developing and deploying mission-ready AI solutions and services. Customers and partners rely on BigBear.ai's artificial intelligence and predictive analytics capabilities in highly complex, distributed, mission-based operating environments. Headquartered in McLean, Virginia, BigBear.ai is a public company traded on the NYSE under the symbol BBAI. For more information, visit https:...
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