All Others was BigBear.ai Holdings’s largest revenue line in fiscal 2025, bringing in $155.78M of $383.02M (41%).
| Concentration Risk Benchmark | FY 2019 | FY 2020 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| All Others | $208.00M | $194.99M | $227.10M | $155.78M | ||||
| Customer A | $88.24M | $99.80M | $63.85M | — | ||||
| Customer D | $87.26M | $42.59M | — | $41.49M | ||||
| Customer C | $52.28M | $54.43M | $56.19M | $50.84M | ||||
| Customer E | — | — | $50.52M | $62.18M | ||||
| Customer B | $29.25M | $73.68M | $77.04M | $31.92M | ||||
| Customer F | — | — | — | $40.80M | ||||
| Total | $465.03M | $465.49M | $474.71M | $383.02M |
BigBear.ai Holdings brought in $383.02M from its six revenue lines in fiscal 2025, the year ended December 31, 2025. BigBear.ai Holdings regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $474.71M. All Others was the largest at $155.78M (40.7%), ahead of Customer E at $62.18M (16.2%) and Customer C at $50.84M (13.3%). The other three revenue lines brought in $114.21M combined.
Compared with fiscal 2024, Customer E grew fastest, up 23.1% to $62.18M, while Customer B fell the most, down 58.6% to $31.92M.
BigBear.ai Holdings began breaking out Customer F in fiscal 2025, when it brought in $40.80M. BigBear.ai Holdings stopped reporting Customer A as a separate revenue line after fiscal 2024, when it brought in $63.85M.
Time & Materials was BigBear.ai Holdings’s largest revenue line in fiscal 2025, bringing in $235.31M of $383.02M (61%).
| Contract with Customer, Basis of Pricing | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Time & Materials | $306.77M | $257.20M | $266.22M | $235.31M | |||
| Firm Fixed Price | $107.82M | $150.30M | $138.78M | $94.84M | |||
| Cost-Reimbursable | $50.45M | $57.99M | $69.71M | $52.87M | |||
| Total | $465.03M | $465.49M | $474.71M | $383.02M |
BigBear.ai Holdings brought in $383.02M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 19.3% from $474.71M in fiscal 2024. Time & Materials was the largest at $235.31M (61.4%), ahead of Firm Fixed Price at $94.84M (24.8%) and Cost-Reimbursable at $52.87M (13.8%).
Compared with fiscal 2024, every revenue line above 2% of revenue shrank. Time & Materials held up best, down 11.6% to $235.31M, and Firm Fixed Price fell the most, down 31.7% to $94.84M. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $465.03M to $383.02M, a compound annual decline of 6.3%. Time & Materials' share of the total fell from 66.0% to 61.4%.
Over Time was BigBear.ai Holdings’s largest revenue line in fiscal 2025, bringing in $358.12M of $383.02M (94%).
| Timing of Transfer of Good or Service | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Over Time | $436.74M | $452.83M | $358.12M |
| Point In Time | $28.75M | $21.88M | $24.89M |
| Total | $465.49M | $474.71M | $383.02M |
BigBear.ai Holdings brought in $383.02M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 19.3% from $474.71M in fiscal 2024. Over Time was the largest at $358.12M (93.5%), ahead of Point In Time at $24.89M (6.5%).
Compared with fiscal 2024, Point In Time grew 13.8% to $24.89M, while Over Time fell 20.9% to $358.12M. From fiscal 2023 to 2025, combined revenue from these revenue lines fell from $465.49M to $383.02M, a compound annual decline of 9.3%. Over Time's share held steady at about 93.5%.
BigBear.ai Holdings (BBAI) reports its revenue by concentration risk benchmark, by contract with customer, basis of pricing and by timing of transfer of good or service. In fiscal 2025, All Others was its largest revenue line, bringing in $155.78M (40.7% of the total), followed by Customer E at $62.18M (16.2%).
All Others was BigBear.ai Holdings' largest revenue line in fiscal 2025, bringing in $155.78M, or 40.7% of the $383.02M total across its six revenue lines.
Point In Time grew faster than Over Time in fiscal 2025, up 13.8% from $21.88M to $24.89M. Over Time fell 20.9% to $358.12M.
Every figure comes from BigBear.ai Holdings' annual financial filings, as reported. Each line keeps the name BigBear.ai Holdings gives it, and years follow its fiscal calendar.
BigBear.ai Holdings' revenue by concentration risk benchmark goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.