BigBear.ai Holdings Inc. reports third quarter 2025 revenue of $33.1 million

Reuters

Nov 11, 2025

<a href="https://laohu8.com/S/BBAI">BigBear.ai Holdings</a> Inc. reports third quarter 2025 revenue of $33.1 million

BigBear.ai Holdings Inc. reported revenues of $33.1 million for the third quarter of 2025, a decrease of 20% compared to $41.5 million for the same period in 2024, primarily due to lower volume on certain Army programs. Gross margin for the third quarter of 2025 was 22.4%, down from 25.9% in the third quarter of 2024. For the nine months ended September 30, 2025, revenues were $100.4 million, compared to $114.4 million for the same period in 2024. The company maintained its full-year 2025 revenue projection between $125 million and $140 million. BigBear.ai also announced a definitive agreement to acquire Ask Sage, a generative AI platform, for $250 million. Ask Sage is expected to deliver approximately $25 million in annual recurring revenues for 2025. As of September 30, 2025, BigBear.ai reported a cash balance of $456.6 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BigBear.ai Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251110767674) on November 10, 2025, and is solely responsible for the information contained therein.

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