Highest-materiality recent filing
BigBear.ai Q1 revenue $34.4M; gross margin expands to 34%; backlog $281.9M; affirms FY26 guidance
Revenue $34.4M; gross margin 34.0% vs 21.3% YoY (1,278 bps expansion).
BigBear.ai shareholders approve doubling authorized shares to 1 billion
Proposal to increase authorized common stock from 500M to 1B shares passed with 231M votes for (81.5% of cast votes).
BigBear.ai Q4 revenue down 38% to $27.3M; 2026 revenue guidance $135-$165M
Q4 2025 revenue $27.3M, down 38% YoY; gross margin 20.3% vs 37.4% in Q4 2024 due to non-recurring high-margin contracts.
BigBear.ai calls redemption of 2029 convertible notes; expects to eliminate ~$125M debt
Redemption date Jan. 16, 2026; all outstanding 6.00% Notes due 2029 called for redemption or conversion.
BigBear.ai shareholders approve doubling authorized shares to 1 billion, adopt bylaw amendments
Shareholders approved increase in authorized common shares from 500M to 1B; vote: 191.6M for, 44.5M against, 3.5M abstain.
BigBear.ai acquires Ask Sage for $250M; reaffirms FY2025 revenue guidance $125M-$140M
Definitive agreement to acquire Ask Sage, a GenAI platform for defense/national security, for $250M total: $140M cash plus $110M cash or stock at BigBear.ai's option.
BigBear.ai appoints Sean Ricker as permanent CFO, effective Oct 14, 2025
Sean R. Ricker appointed permanent CFO, previously interim CFO since June 6, 2025.
BigBear.ai elects Anthony Evangelista to Board and Audit/Compensation Committees
Elected August 12, 2025; serves on Audit and Compensation Committees.
BigBear.ai Q2 revenue down 18% to $32.5M; cuts 2025 revenue outlook to $125M-$140M
Revenue $32.5M Q2 2025, down 18% YoY from $39.8M; gross margin 25.0% vs 27.8%.
Director Jeffrey Hart resigns from BigBear.ai Board effective July 14, 2025
Jeffrey Hart resigned as Director effective July 14, 2025.
BigBear.ai CFO Julie Peffer departs; Sean Ricker named interim CFO
Julie Peffer notified departure June 6, 2025; not related to any accounting or disagreement.
BigBear.ai files new $150M ATM prospectus supplement; prior $150M exhausted
As of May 30, 2025, Company had sold ~$150M aggregate gross proceeds under prior ATM program with Cantor Fitzgerald.
BigBear.ai annual meeting elects Class I directors and ratifies auditor
Shareholders elected Sean Battle, Paul Fulchino, and Dorothy D. Hayes as Class I directors, each with a majority of votes for.
On June 6, 2025, Julie Peffer, Chief Financial Officer, notified BigBear.ai Holdings, Inc. (“BigBear” or the “Company”) of her intention to pursue other opportunities outside of the Company.
On June 6, 2025, Sean R. Ricker was appointed acting Chief Financial Officer on an interim basis until the Company appoints a permanent replacement.
Max materiality 0.85 · Median 0.60 · Most common event leadership