BigBear.ai Reports Q1 2026 Earnings with Mixed Financial Results

BigBear.ai (BBAI) reported Q1 2026 earnings with revenue of $34.4 million, steady compared to the prior year. The company saw growth in GenAI platforms but faced lower Army program volumes. Gross margin improved significantly to 34%, driven by higher-margin revenue from the AppSage acquisition. However, net loss narrowed to $56.8 million, and adjusted EBITDA worsened to -$9.9 million.

By Motley Fool Transcribing · Motley Fool · May 5, 2026, 21:19 UTC

Tickers: $BBAI

Topics: contract wins expenses gross margin net loss revenue

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