Earnings ·
Reports Q3 revenue of $43.6M and raises FY26 guidance to $150M-$165M
BBAIBigBear.ai Holdings, Inc.
BigBear.ai reported third-quarter revenue of $43.6 million, a 31% increase year over year, driven by its Generative AI Platform. The company raised its full-year 2026 revenue guidance range to $150 million–$165 million from the previous midpoint. Gross margin expanded 878 basis points to 31.2%, while net loss widened to $91.9 million due to a $76.7 million non-cash goodwill impairment charge. Backlog grew 22% since the second quarter to $330 million, supported by over 25 new contract wins worth more than $225 million in total value. BigBear.ai is a specialized security and defense technology company providing mission-ready AI solutions.