Recent Updates — BBAI-WT

BigBear.ai Holdings, Inc. entered into an Open Market Sale Agreement with Jefferies LLC on July 31, 2026, authorizing the sale of up to 100,000,000 shares of common stock through at-the-market offerings. The company will pay Jefferies a commission of up to 3.0% of gross proceeds from any shares sold under this arrangement. This offering is conducted pursuant to an existing Form S-3 registration statement filed on August 18, 2025. BigBear.ai Holdings, Inc. operates in the artificial intelligence and analytics industry, providing data-driven solutions for government and commercial clients.

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.