BigBear.ai Holdings (BBAI) EBITDA Margin (2021 - 2026)
BigBear.ai Holdings' EBITDA Margin came in at -59.19% for Q2 2026, up 208.27 percentage points from -267.46% a year earlier but down 9.32 percentage points from the prior quarter.
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Analysis
BigBear.ai Holdings (BBAI) EBITDA Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, BigBear.ai Holdings reported EBITDA Margin of -101.01%, down 24.49 percentage points year-over-year; for FY2025, it was -155.57%, down 78.75 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -127.59 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was -76.81% in FY2024 (-56.75 pp), -20.06% in FY2023 (+46.23 pp), -66.30% in FY2022 (-17.38 pp) and -48.92% in FY2021 (-20.94 pp).
- The five-year range for quarterly EBITDA Margin is -288.73% (Q1 2024) to -11.43% (Q4 2024).
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of -10.51 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q1 2025 (a gain of 237.69 percentage points), and the weakest in Q4 2025 (a drop of 268.03 percentage points).
- Business Quant data shows BBAI's EBITDA Margin at -49.87% (Q1 2026), -279.46% (Q4 2025) and -53.51% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 20.32% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 11.58% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 40.40% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -8.70% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 4.19% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 8.76% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 20.62% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | - |
| 10 | BigBear.ai Holdings | 1.28 Bn | -132.49 Mn | 12.05 Mn | -59.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -59.19% |
| Mar 31, 2026 | -49.87% |
| Dec 31, 2025 | -279.46% |
| Sep 30, 2025 | -53.51% |
| Jun 30, 2025 | -267.46% |
| Mar 31, 2025 | -51.03% |
| Dec 31, 2024 | -11.43% |
| Sep 30, 2024 | -17.21% |
| Jun 30, 2024 | -34.60% |
| Mar 31, 2024 | -288.73% |
| Dec 31, 2023 | -16.29% |
| Sep 30, 2023 | -18.36% |
| Jun 30, 2023 | -21.42% |
| Mar 31, 2023 | -23.83% |
| Dec 31, 2022 | -60.40% |
| Sep 30, 2022 | -25.48% |
| Jun 30, 2022 | -141.92% |
| Mar 31, 2022 | -40.27% |
| Dec 31, 2021 | -89.21% |
| Jun 30, 2021 | -3.74% |
API Access
BigBear.ai Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BBAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "BBAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BBAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();