BigBear.ai Holdings (BBAI-WT) Operating Expenses (2021 - 2026)
BigBear.ai Holdings' (BBAI-WT) quarterly Operating Expenses came in at $40.2 million in Q2 2026, up 44.8% year-over-year from $27.8 million in Q2 2025, and up 11.81% quarter-over-quarter from $36.0 million in Q1 2026.
Analysis
BigBear.ai Holdings (BBAI-WT) Operating Expenses (2021 - 2026) Analysis & Trends
BigBear.ai Holdings has disclosed Operating Expenses across 6 years of filings, most recently posting $40.2 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 44.8% year-over-year to $40.2 million; the TTM figure through Jun 2026 stood at $136.1 million (up 33.06% YoY), while the FY2025 annual figure was $116.3 million, up 25.91% from the prior year.
- Operating Expenses came in at $40.2 million for Q2 2026 at BigBear.ai Holdings, up from $36.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $40.2 million in Q2 2026 to a low of $16.6 million in Q3 2023.
- Average Operating Expenses over 5 years is $25.7 million, with a median of $25.4 million recorded in 2022.
- The largest YoY upside for Operating Expenses was 141.79% in 2022 against a maximum downside of 82.04% in 2022.
- Over 5 years, Operating Expenses stood at $18.8 million in 2022, then increased by 14.48% to $21.5 million in 2023, then gained by 14.06% to $24.6 million in 2024, then grew by 24.41% to $30.6 million in 2025, then soared by 31.56% to $40.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $40.2 million in Q2 2026, $36.0 million in Q1 2026, and $30.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 4.12 Bn | -18.28 Bn | 1.76 Mn | 4.17 Bn |
| 2 | Life360 | 3.37 Bn | 3.10 Bn | 126.90 Mn | 126.96 Mn |
| 3 | Soundhound Ai | 2.70 Bn | 2.50 Bn | 27.93 Mn | 105.20 Mn |
| 4 | C3.ai | 1.47 Bn | 895.72 Mn | 11.32 Mn | 132.48 Mn |
| 5 | Spectral Capital | 455.65 Mn | 450.34 Mn | 3.28 Mn | 5.14 Mn |
| 6 | Spire Global | 431.21 Mn | 339.54 Mn | 6.16 Mn | 26.05 Mn |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 891,409.00 |
| 8 | Veritone | 83.10 Mn | 70.68 Mn | 15.46 Mn | 46.40 Mn |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | 283,746.00 |
| 10 | BigBear.ai Holdings | 24.34 Mn | -294.85 Mn | 12.05 Mn | 40.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.23 Mn |
| Mar 31, 2026 | 35.98 Mn |
| Dec 31, 2025 | 30.58 Mn |
| Sep 30, 2025 | 29.29 Mn |
| Jun 30, 2025 | 27.78 Mn |
| Mar 31, 2025 | 28.60 Mn |
| Dec 31, 2024 | 24.58 Mn |
| Sep 30, 2024 | 21.31 Mn |
| Jun 30, 2024 | 27.39 Mn |
| Mar 31, 2024 | 19.20 Mn |
| Dec 31, 2023 | 21.55 Mn |
| Sep 30, 2023 | 16.62 Mn |
| Jun 30, 2023 | 19.18 Mn |
| Mar 31, 2023 | 22.25 Mn |
| Dec 31, 2022 | 18.82 Mn |
| Sep 30, 2022 | 23.58 Mn |
| Jun 30, 2022 | 29.67 Mn |
| Mar 31, 2022 | 26.29 Mn |
| Dec 31, 2021 | 104.82 Mn |
| Sep 30, 2021 | 13.40 Mn |