BigBear.ai Holdings, Inc. Q1 2026 Earnings Recap

BBAI Q1 2026 May 6, 2026

Get alerts when BBAI reports next quarter

The market rewarded BigBear.ai’s first quarter report with a 4.8% gain, driven by strong contract wins across national security and trade and travel segments, improving backlog, and better gross margins that collectively outpaced investor expectations.

Earnings Per Share Beat

$-0.08 vs $-0.08 est.

+0.0% surprise

Revenue Beat

34435000 vs 33598330 est.

+2.5% surprise

Market Reaction

1-Day -4.58%

5-Day -3.66%

See BBAI alongside your other holdings

Add to your portfolio — free

Key Takeaways

Signed a large classified sole-source intelligence community contract valued at approximately $53 million over two years, solidifying prime contractor status.
Secured $7 million in trade and travel contracts deploying Veriskan and TruPaste technology at Chicago O’Hare and Dallas Fort Worth airports.
Won significant shipbuilding-related contracts with Chantier Davie and Bollinger Shipyards, supporting a robust market backed by $65.8 billion in naval funding requests.
Backlog increased 14% quarter-over-quarter to $281.9 million, reflecting strong sales execution and pipeline health.
Reported substantial gross margin improvement, aiding profitability alongside revenue growth.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit BBAI on AllInvestView.