BigBear.ai Holdings (BBAI-WT) Gross Margin (2021 - 2026)
BigBear.ai Holdings' (BBAI-WT) quarterly Gross Margin came in at 32.79% in Q2 2026, up 781.0% year-over-year from 3.72% in Q2 2025, and down 3.66% quarter-over-quarter from 34.04% in Q1 2026.
Analysis
BigBear.ai Holdings (BBAI-WT) Gross Margin (2021 - 2026) Analysis & Trends
BigBear.ai Holdings has disclosed Gross Margin across 6 years of filings, most recently posting 32.79% for Q2 2026.
- In Q2 2026, Gross Margin rose 781.0% year-over-year to 32.79%; the TTM figure through Jun 2026 stood at 27.92% (down 5.0% YoY), while the FY2025 annual figure was 22.31%, down 627.0% from the prior year.
- Gross Margin came in at 32.79% for Q2 2026 at BigBear.ai Holdings, down from 34.04% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 37.43% in Q4 2024 to a low of 20.32% in Q4 2025.
- Average Gross Margin over 5 years is 26.84%, with a median of 25.72% recorded in 2022.
- Year-over-year, Gross Margin plunged 1711 bps in 2025 and surged 1278 bps in 2026.
- Over 5 years, Gross Margin stood at 29.2% in 2022, then gained by 10 bps to 32.09% in 2023, then increased by 17 bps to 37.43% in 2024, then tumbled by 46 bps to 20.32% in 2025, then jumped by 61 bps to 32.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 32.79% in Q2 2026, 34.04% in Q1 2026, and 20.32% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 4.12 Bn | -18.28 Bn | 1.76 Mn | 0.04% |
| 2 | Life360 | 3.37 Bn | 3.10 Bn | 126.90 Mn | 79.83% |
| 3 | Soundhound Ai | 2.70 Bn | 2.50 Bn | 27.93 Mn | 45.12% |
| 4 | C3.ai | 1.47 Bn | 895.72 Mn | 11.32 Mn | 21.94% |
| 5 | Spectral Capital | 455.65 Mn | 450.34 Mn | 3.28 Mn | 1.03% |
| 6 | Spire Global | 431.21 Mn | 339.54 Mn | 6.16 Mn | 34.12% |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 71.24% |
| 8 | Veritone | 83.10 Mn | 70.68 Mn | 15.46 Mn | 63.70% |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | - |
| 10 | BigBear.ai Holdings | 24.34 Mn | -294.85 Mn | 12.05 Mn | 32.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.79% |
| Mar 31, 2026 | 34.04% |
| Dec 31, 2025 | 20.32% |
| Sep 30, 2025 | 22.41% |
| Jun 30, 2025 | 24.98% |
| Mar 31, 2025 | 21.26% |
| Dec 31, 2024 | 37.43% |
| Sep 30, 2024 | 25.94% |
| Jun 30, 2024 | 27.81% |
| Mar 31, 2024 | 21.09% |
| Dec 31, 2023 | 32.09% |
| Sep 30, 2023 | 24.74% |
| Jun 30, 2023 | 23.31% |
| Mar 31, 2023 | 24.23% |
| Dec 31, 2022 | 29.20% |
| Sep 30, 2022 | 28.91% |
| Jun 30, 2022 | 25.50% |
| Mar 31, 2022 | 27.11% |
| Dec 31, 2021 | 24.54% |
| Sep 30, 2021 | 26.85% |