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 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 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 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%.
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.
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