Earnings ·
BigBear.ai Holdings, Inc. reported second quarter 2026 financial results on July 30, 2026
BBAI-WTBigBear.ai Holdings, Inc.
BigBear.ai Holdings, Inc. reported second quarter 2026 financial results on July 30, 2026. Revenue increased 13% year-over-year to $36.7 million, driven by Ask Sage’s GenAI Platforms and Products. Gross margins expanded significantly from 25.0% to 32.8%, a 781 basis point improvement. The company reported a net loss of $25.7 million, a substantial decrease from the $228.6 million loss in the prior year period, primarily due to reduced non-cash derivative fair value losses and goodwill impairments. Backlog grew 9% to $269.6 million, and total available cash and investments stood at $409.8 million as of June 30, 2026. The company affirmed its full-year 2026 revenue guidance of $135 million to $165 million. BigBear.ai is a specialized defense technology company developing and deploying mission-ready AI solutions.