BigBear.ai Holdings, Inc. 8K

BigBear.ai announced Q2 2026 results showing 13% revenue growth, higher margins, a sharply reduced net loss, strong liquidity, and reaffirmed 2026 revenue guidance while continuing to invest in growth and integration of recent acquisitions.

BigBear.ai Holdings, Inc. reported its unaudited financial results for the second quarter ended June 30, 2026, highlighting 13% year-over-year revenue growth to $36.7 million driven by Ask Sage GenAI platforms, gross margin expansion from 25.0% to 32.8%, a 9% increase in backlog to $269.6 million since December 31, 2025, and total available cash and investments of $409.8 million as of June 30, 2026. The company narrowed its net loss substantially to $25.7 million from $228.6 million in the prior-year quarter due mainly to reduced non-cash derivative fair value losses, elimination of goodwill impairment, lower interest expense, and higher margins, partially offset by higher SG&A and R&D expense linked to the Ask Sage acquisition, legal and proxy costs for a special stockholder meeting and Retail Voting Program, and sales and marketing investments. BigBear.ai reported negative Adjusted EBITDA of $11.6 million versus $8.5 million a year earlier and reaffirmed its full-year 2026 revenue guidance of $135–$165 million while emphasizing its strong liquidity position and strategic focus on execution, potential accretive M&A, and positioning for stronger growth in 2027.

Filing Facts

CIK

1836981

Ticker

-

Form

8K

Source Type

sec

Accession

0001836981-26-000062

Alert Tier

7