BigBear.ai Holdings (BBAI) Revenue — Quarter Ended Mar 31, 2024
Revenue decreased in the quarter. The decline was evident both sequentially and compared to the same quarter a year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue decreased in the quarter. The decline was evident both sequentially and compared to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$33.1M
Revenue reported for this quarter.
Quarter-over-quarter
-18.3%
Change from the immediately preceding quarter.
Year-over-year
-21.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$146.1M
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 |
|---|---|---|
| Jun 30, 2023 | $38.5M | +2.2% |
| Sep 30, 2023 | $34M | -16.4% |
| Dec 31, 2023 | $40.6M | +0.5% |
| Mar 31, 2024 | $33.1M | -21.4% |
Revenue performance
The reported revenue was lower than the immediately preceding quarter and the same quarter one year ago.
Quarterly comparison
The revenue contraction from the prior quarter was notable. The year-over-year comparison also showed a decrease.
What to watch
The revenue trend shows a decline from both the prior quarter and the year-ago period.