Filing Flows › BigBear.ai Holdings (BBAI) › Q3 2026
BigBear.ai Holdings (BBAI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
BigBear.ai Holdings (BBAI) reported revenue of $43.6M for the third quarter 2026 (Q3 2026), +31% from a year earlier and +19% from the quarter before. Operating margin was -229.4%, net loss $91.9M (210.8% of revenue).
BigBear.ai Holdings, Q3 2026: revenue $43.6M (+32% year over year), operating margin -229.4%, net loss $91.9M, operating cash flow −$9.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.6M | +19% | +31% |
| Operating profit | −$100M | — | — |
| Net earnings | −$91.9M | — | -3744% |
| Operating cash flow | −$9.6M | — | — |
What changed
Revenue was $43.6M in Q3 2026, up 31% year over year and up 19% from the previous quarter.
Gross margin was 31.2%, up 8.8 points from Q3 2025. Operating costs exceeded revenue by $100.0M, an operating margin of -229.4%. Operating expenses grew 288% against revenue growth of 31%. The fastest-growing cost line was Other operating costs (+11545%). The quarter ended with a net loss of $91.9M, wider than the previous quarter's $25.7M loss.
Operating cash flow was −$9.6M. Non-cash charges added back $6.6M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items added $71.0M. Capital expenditures of $244K exceeded it, leaving free cash flow of −$9.8M.
Questions
What was BigBear.ai Holdings' revenue in the third quarter 2026?
BigBear.ai Holdings (BBAI) reported revenue of $43.6M for the third quarter 2026 (Q3 2026), +31% from a year earlier and +19% from the quarter before.
Was BigBear.ai Holdings profitable in the third quarter 2026?
Operating loss was $100M (-229.4% of revenue) and net loss $91.9M.