BigBear.ai Q2 revenue down 18% to $32.5M; cuts 2025 revenue outlook to $125M-$140M

BigBear.ai Holdings, Inc.

2025-Q2 EPS reported -$0.97 revenue$67,229,000

Revenue $32.5M Q2 2025, down 18% YoY from $39.8M; gross margin 25.0% vs 27.8%.
Full-year 2025 revenue guidance lowered to $125M-$140M; Army program disruptions blamed.
Record cash balance of $390.8M as of June 30, 2025, enabling growth investments.
Partnership with UAE companies under IHC umbrella to accelerate AI development globally.
CEO cites $320B supplemental funding for DHS and DoD from 'One Big Beautiful Bill' as opportunity.

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