Growth Metrics

BigBear.ai Holdings (BBAI) Gross Margin (2021 - 2025)

BigBear.ai Holdings' Gross Margin history spans 5 years, with the latest figure at 20.32% for Q4 2025.

  • For Q4 2025, Gross Margin fell 1711.0% year-over-year to 20.32%; the TTM value through Dec 2025 reached 22.31%, down 627.0%, while the annual FY2025 figure was 22.31%, 627.0% down from the prior year.
  • Gross Margin for Q4 2025 was 20.32% at BigBear.ai Holdings, down from 22.41% in the prior quarter.
  • Across five years, Gross Margin topped out at 37.43% in Q4 2024 and bottomed at 495.57% in Q2 2021.
  • The 5-year median for Gross Margin is 25.24% (2022), against an average of 0.05%.
  • The largest annual shift saw Gross Margin surged 52106bps in 2022 before it plummeted -1711bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 24.54% in 2021, then grew by 19bps to 29.2% in 2022, then increased by 10bps to 32.09% in 2023, then rose by 17bps to 37.43% in 2024, then crashed by -46bps to 20.32% in 2025.
  • Per Business Quant, the three most recent readings for BBAI's Gross Margin are 20.32% (Q4 2025), 22.41% (Q3 2025), and 24.98% (Q2 2025).