BigBear.ai Holdings (BBAI) Return on Invested Capital [ROIC] (2022 - 2026)
BigBear.ai Holdings (BBAI) recorded Return on Invested Capital [ROIC] of -27.95% in Q3 2026, down 1.87 percentage points from -26.08% a year earlier and down 12.41 percentage points from the prior quarter.
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Analysis
BigBear.ai Holdings (BBAI) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, BigBear.ai Holdings reported Return on Invested Capital [ROIC] of -46.79%, up 55.80 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a four-year change of -18.84 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -102.58% in FY2024 (-79.11 pp), -23.47% in FY2023 (+15.45 pp), -38.93% in FY2022 (-10.99 pp) and -27.94% in FY2021.
- The Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q2 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in five of the last eight quarters, with an average year-over-year change of +9.77 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 45.44 percentage points in Q3 2023, against a drop of 33.45 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -15.54% (Q2 2026), -26.44% (Q1 2026) and -27.78% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 244.91 Bn | 229.98 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 228.46 Bn | 208.87 Bn | 1.10 Bn | -2.11% |
| 3 | Snowflake | 102.42 Bn | 89.73 Bn | 1.04 Bn | - |
| 4 | Fortinet | 89.98 Bn | 74.23 Bn | 1.64 Bn | 88.94% |
| 5 | Datadog | 64.50 Bn | 45.04 Bn | 959.92 Mn | - |
| 6 | Zscaler | 32.05 Bn | 18.21 Bn | 689.22 Mn | - |
| 7 | Okta | 31.14 Bn | 21.24 Bn | 641.00 Mn | 2.98% |
| 8 | MongoDB | 26.48 Bn | 16.95 Bn | 569.77 Mn | - |
| 9 | Axon Enterprise | 24.75 Bn | 19.27 Bn | 546.45 Mn | 0.45% |
| 10 | BigBear.ai Holdings | 1.17 Bn | -70.44 Mn | 13.59 Mn | -27.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -27.95% |
| Jun 30, 2026 | -15.54% |
| Mar 31, 2026 | -26.44% |
| Dec 31, 2025 | -27.78% |
| Sep 30, 2025 | -26.08% |
| Jun 30, 2025 | -38.91% |
| Mar 31, 2025 | -26.18% |
| Dec 31, 2024 | -62.54% |
| Sep 30, 2024 | -45.17% |
| Jun 30, 2024 | -43.66% |
| Mar 31, 2024 | -57.95% |
| Dec 31, 2023 | -29.09% |
| Sep 30, 2023 | -41.96% |
| Jun 30, 2023 | -45.87% |
| Mar 31, 2023 | -61.38% |
| Dec 31, 2022 | -55.93% |
| Sep 30, 2022 | -87.40% |
| Jun 30, 2022 | -70.71% |
| Mar 31, 2022 | -34.96% |
API Access
BigBear.ai Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BBAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BBAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();