Growth Metrics

BigBear.ai Holdings (BBAI) Operating Expenses (2021 - 2025)

BigBear.ai Holdings (BBAI) has disclosed Operating Expenses for 5 consecutive years, with $28.3 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 14.36% to $28.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $111.4 million through Dec 2025, up 20.59% year-over-year, with the annual reading at $114.0 million for FY2025, 23.4% up from the prior year.
  • Operating Expenses hit $28.3 million in Q4 2025 for BigBear.ai Holdings, down from $28.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $104.8 million in Q4 2021 to a low of $11.0 million in Q1 2021.
  • Historically, Operating Expenses has averaged $26.0 million across 5 years, with a median of $22.0 million in 2022.
  • Biggest YoY gain for Operating Expenses was 141.79% in 2022; the steepest drop was 81.48% in 2022.
  • Year by year, Operating Expenses stood at $104.8 million in 2021, then plummeted by 81.48% to $19.4 million in 2022, then grew by 4.61% to $20.3 million in 2023, then grew by 21.69% to $24.7 million in 2024, then increased by 14.36% to $28.3 million in 2025.
  • Business Quant data shows Operating Expenses for BBAI at $28.3 million in Q4 2025, $28.6 million in Q3 2025, and $25.9 million in Q2 2025.