BigBear.ai Holdings (BBAI) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter rose both sequentially and compared to the same quarter last year. This reverses the decline seen in the prior quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter rose both sequentially and compared to the same quarter last year. This reverses the decline seen in the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$39.8M
Revenue reported for this quarter.
Quarter-over-quarter
+20.1%
Change from the immediately preceding quarter.
Year-over-year
+3.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$147.5M
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, 2023 | $34M | -16.4% |
| Dec 31, 2023 | $40.6M | +0.5% |
| Mar 31, 2024 | $33.1M | -21.4% |
| Jun 30, 2024 | $39.8M | +3.4% |
Revenue performance
The revenue improvement reflects a strong sequential rebound and a modest year-over-year gain.
Quarterly comparison
From the previous quarter, revenue grew significantly. Versus the year-ago quarter, the increase was more contained.
What to watch
Assess if the company can continue its sequential growth trajectory.