BigBear.ai Holdings Inc
NYSE:BBAI
Income Statement
Earnings Waterfall
BigBear.ai Holdings Inc
Income Statement
BigBear.ai Holdings Inc
| Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Interest Expense |
8
|
11
|
15
|
18
|
14
|
14
|
14
|
14
|
14
|
14
|
17
|
20
|
26
|
33
|
31
|
29
|
|
| Revenue |
146
N/A
|
182
+25%
|
220
+21%
|
260
+19%
|
155
-40%
|
161
+4%
|
162
+1%
|
155
-4%
|
155
+0%
|
146
-6%
|
147
+1%
|
155
+5%
|
158
+2%
|
160
+1%
|
153
-5%
|
144
-5%
|
|
| Gross Profit | |||||||||||||||||
| Cost of Revenue |
(112)
|
(138)
|
(166)
|
(195)
|
(112)
|
(117)
|
(119)
|
(116)
|
(115)
|
(109)
|
(108)
|
(113)
|
(113)
|
(114)
|
(110)
|
(105)
|
|
| Gross Profit |
34
N/A
|
44
+29%
|
54
+22%
|
65
+22%
|
43
-34%
|
43
+1%
|
43
-1%
|
39
-8%
|
41
+3%
|
37
-8%
|
39
+6%
|
42
+6%
|
45
+8%
|
46
+1%
|
43
-6%
|
39
-8%
|
|
| Operating Income | |||||||||||||||||
| Operating Expenses |
(113)
|
(137)
|
(165)
|
(185)
|
(93)
|
(90)
|
(79)
|
(73)
|
(76)
|
(73)
|
(80)
|
(87)
|
(91)
|
(100)
|
(99)
|
(106)
|
|
| Selling, General & Administrative |
(107)
|
(128)
|
(153)
|
(172)
|
(85)
|
(83)
|
(73)
|
(68)
|
(71)
|
(68)
|
(74)
|
(76)
|
(80)
|
(86)
|
(84)
|
(92)
|
|
| Research & Development |
(6)
|
(9)
|
(11)
|
(13)
|
(8)
|
(7)
|
(6)
|
(4)
|
(5)
|
(5)
|
(6)
|
(11)
|
(11)
|
(14)
|
(15)
|
(14)
|
|
| Operating Income |
(79)
N/A
|
(93)
-18%
|
(111)
-20%
|
(120)
-7%
|
(50)
+58%
|
(46)
+7%
|
(37)
+21%
|
(33)
+10%
|
(35)
-7%
|
(35)
+0%
|
(41)
-16%
|
(45)
-9%
|
(46)
-2%
|
(54)
-18%
|
(56)
-4%
|
(67)
-19%
|
|
| Pre-Tax Income | |||||||||||||||||
| Interest Income Expense |
(41)
|
(43)
|
(47)
|
(50)
|
(13)
|
(25)
|
(28)
|
(12)
|
(22)
|
(35)
|
(24)
|
(38)
|
(133)
|
(144)
|
(289)
|
(265)
|
|
| Non-Reccuring Items |
(3)
|
(4)
|
(40)
|
(42)
|
(60)
|
(60)
|
(24)
|
(24)
|
(4)
|
(90)
|
(90)
|
(89)
|
(119)
|
(36)
|
(108)
|
(109)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
3
|
5
|
|
| Pre-Tax Income |
(123)
N/A
|
(141)
-15%
|
(198)
-41%
|
(212)
-7%
|
(123)
+42%
|
(131)
-6%
|
(89)
+32%
|
(69)
+22%
|
(60)
+13%
|
(159)
-164%
|
(154)
+3%
|
(170)
-10%
|
(296)
-74%
|
(233)
+21%
|
(449)
-93%
|
(435)
+3%
|
|
| Net Income | |||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
1
|
0
|
2
|
2
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(124)
|
(142)
|
(197)
|
(211)
|
(122)
|
(129)
|
(89)
|
(69)
|
(60)
|
(159)
|
(154)
|
(170)
|
(296)
|
(232)
|
(449)
|
(435)
|
|
| Net Income (Common) |
(124)
N/A
|
(142)
-15%
|
(197)
-39%
|
(211)
-7%
|
(122)
+42%
|
(129)
-6%
|
(89)
+31%
|
(69)
+23%
|
(60)
+13%
|
(159)
-164%
|
(154)
+3%
|
(170)
-10%
|
(296)
-74%
|
(232)
+21%
|
(449)
-93%
|
(435)
+3%
|
|
| EPS (Diluted) |
-1.15
N/A
|
-1.07
+7%
|
-1.55
-45%
|
-1.67
-8%
|
-0.95
+43%
|
-0.93
+2%
|
-0.61
+34%
|
-0.43
+30%
|
-0.4
+7%
|
-0.85
-112%
|
-0.62
+27%
|
-0.68
-10%
|
-1.27
-87%
|
-0.93
+27%
|
-1.4
-51%
|
-1.09
+22%
|
|