Growth Metrics

BigBear.ai Holdings (BBAI) Operating Expenses (2021 - 2026)

BigBear.ai Holdings' Operating Expenses history spans 5 years, with the latest figure at $28.3 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 14.36% to $28.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $111.4 million, a 20.59% increase, with the full-year FY2025 number at $114.0 million, up 23.4% from a year prior.
  • Operating Expenses hit $28.3 million in Q4 2025 for BigBear.ai Holdings, down from $28.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for BBAI hit a ceiling of $104.8 million in Q4 2021 and a floor 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.
  • The widest YoY moves for Operating Expenses: up 141.79% in 2022, down 81.48% in 2022.
  • Tracing BBAI's Operating Expenses over 5 years: stood at $104.8 million in 2021, then crashed by 81.48% to $19.4 million in 2022, then rose by 4.61% to $20.3 million in 2023, then rose by 21.69% to $24.7 million in 2024, then grew 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.