---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-045295"
form_type: "8-K"
ticker: "BBAI"
cik: "0001836981"
company_name: "BigBear.ai Holdings, Inc."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:28:11.686249+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BigBear.ai Q3 revenue up 22% to $41.5M, net loss $12.2M, awards $165M Army contract

## Summary
- Revenue $41.5M (up 22.1% YoY); net loss $12.2M vs net income $4.0M in Q3 2023.
- Non-GAAP adjusted EBITDA positive $0.9M; cash $65.6M; full-year revenue guidance $165-180M affirmed.
- Gross margin improved to 25.9% from 24.7%; SG&A reduced 25% QoQ.
- Awarded 5-year $165M sole-source prime contract with U.S. Army for GFIM-OE production.
- Appointed Carl Napoletano as COO; ConductorOS recognized as Tier 1 tech by DoD.

## SEC filing metadata
- accession: 0001628280-24-045295
- form_type: 8-K
- ticker: BBAI
- cik: 0001836981
- company_name: BigBear.ai Holdings, Inc.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836981/000162828024045295/0001628280-24-045295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836981/000162828024045295/bbai-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-045295
- JSON: https://secwatch.observer/filing/0001628280-24-045295.json
- Plain text: https://secwatch.observer/filing/0001628280-24-045295.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.