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BigBear.ai Holdings (BBAI) Cost of Revenue (2021 - 2025)

BigBear.ai Holdings' Cost of Revenue history spans 5 years, with the latest figure at $21.8 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 20.68% year-over-year to $21.8 million; the TTM value through Dec 2025 reached $99.2 million, down 12.23%, while the annual FY2025 figure was $99.2 million, 12.23% down from the prior year.
  • Cost of Revenue for Q4 2025 was $21.8 million at BigBear.ai Holdings, down from $25.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $64.8 million in Q4 2021 and bottomed at $21.8 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $27.5 million (2023), against an average of $29.4 million.
  • The largest annual shift saw Cost of Revenue plummeted 55.88% in 2022 before it increased 20.43% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $64.8 million in 2021, then tumbled by 55.88% to $28.6 million in 2022, then dropped by 3.59% to $27.5 million in 2023, then decreased by 0.45% to $27.4 million in 2024, then decreased by 20.68% to $21.8 million in 2025.
  • Per Business Quant, the three most recent readings for BBAI's Cost of Revenue are $21.8 million (Q4 2025), $25.7 million (Q3 2025), and $24.4 million (Q2 2025).