BigBear.ai Holdings (BBAI) 10-K Summary — Year Ended Dec 31, 2024
BigBear.ai Holdings, Inc. is an artificial intelligence technology company. The company reported revenue growth but incurred significant operating and net losses, and used cash in operations.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
BigBear.ai Holdings, Inc. is an artificial intelligence technology company. The company reported revenue growth but incurred significant operating and net losses, and used cash in operations.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$158.2M
Revenue reported for the fiscal year.
Operating income
-$133.4M
Income from operations reported for the year.
Net income
-$295.5M
Net income reported for the year.
Operating cash flow
-$38.1M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $33.1M | n/a |
| Jun 30, 2024 | $72.9M | +120.1% |
| Sep 30, 2024 | $114.4M | +56.9% |
| Dec 31, 2024 | $158.2M | +38.3% |
Business overview
BigBear.ai Holdings, Inc. operates in the artificial intelligence sector, providing technology solutions. The filing outlines its business operations and strategy in the Business overview section.
Financial performance
Revenue increased over the reported period. However, the company reported operating and net losses, and its operating activities consumed cash. The financial results indicate a challenging year.
Material risks
The filing identifies risk factors that could affect the company's business and financial condition. These include uncertainties related to operations, market conditions, and financial performance. Investors should review the risk factors section for details.
Liquidity and capital
The company's liquidity and capital resources analysis discusses its ability to generate cash and meet future cash requirements. The filing provides an assessment of its cash position and funding needs.
What to watch
Monitor the company's progress toward achieving positive operating cash flow in the next filing.