Overview
BigBear.ai Q3 2025 revenue fell 20% yr/yr
Net income for Q3 2025 was $2.5 mln, reversing a net loss from Q3 2024
Company to acquire Ask Sage for $250 mln, enhancing AI capabilities in defense
Outlook
BigBear.ai projects full-year 2025 revenue between $125 mln and $140 mln
Ask Sage acquisition expected to close late Q4 2025 or early Q1 2026
Company sees strong opportunities in border security and defense
Result Drivers
ARMY PROGRAMS - Revenue decline attributed to lower volume on certain Army programs
DERIVATIVE LIABILITIES - Net income improvement driven by non-cash changes in derivative liabilities
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | $33.14 mln | $31.82 mln (3 Analysts) | |
Q3 EPS | -$0.03 | ||
Q3 Net Income | $2.52 mln | ||
Q3 Operating Income | -$21.86 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for BigBear.ai Holdings Inc is $6.00, about 5.3% above its November 7 closing price of $5.68
Press Release: ID:nBw3d5qGya
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)