BigBear.ai Holdings (BBAI) Revenue — Quarter Ended Jun 30, 2023
Revenue declined from the prior quarter but rose compared to the same quarter a year earlier. The sequential decrease followed a period of growth in the preceding quarters.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue declined from the prior quarter but rose compared to the same quarter a year earlier. The sequential decrease followed a period of growth in the preceding quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$38.5M
Revenue reported for this quarter.
Quarter-over-quarter
-8.8%
Change from the immediately preceding quarter.
Year-over-year
+2.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$161.6M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $40.7M | +1.1% |
| Dec 31, 2022 | $40.4M | +20.5% |
| Mar 31, 2023 | $42.2M | +15.8% |
| Jun 30, 2023 | $38.5M | +2.2% |
Revenue performance
The reported revenue was lower than the immediately preceding quarter, marking a reversal from the prior upward trend.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. The sequential decline contrasts with the year-over-year increase.
What to watch
The sequential revenue decline warrants attention given the prior quarters of growth.