BBAI BigBear.ai Holdings, Inc.

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business model centered on data analytics and AI-driven decision support solutions
• • No new products or business segments introduced or emphasized this year
• • Completed voluntary conversion of 2029 Convertible Notes, issuing approx. 38.1 million common shares for debt retirement
• • Long-term debt outstanding $124.6 million as of December 31, 2025, excluding $35.2 million issuance costs
• • Foreign currency transaction gains/losses from GBP exposure noted but not material to consolidated financials

Risk Factors

• • Regulatory risk: U.S. government contract compliance and funding risk tied to government budget process and continuing resolutions impacting revenue timing
• • Geopolitical/macro risk: Exposure to economic uncertainty from ongoing conflicts in Ukraine, Middle East, and Africa affecting customer purchasing decisions
• • Operational risk: Revenue concentration with few customers ($65M or 51% of 2025 revenue) and $27M backlog with risk of contract termination or non-renewal
• • Competitive risk: Sales cycle delays due to customers' preference for internally-developed or competitor technologies extending sales cycles beyond 12 months
• • Financial risk: Fixed-price contracts (25% of revenue) risk cost overruns and losses due to project estimation errors and inflationary pressure

Management Discussion & Analysis

• • Revenue $127.7M in 2025, down 19.3% YoY from $158.2M in 2024 due to lower Army program volume and no repeat of significant one-time contracts
• • Operating loss increased to $213.9M in 2025 from $133.4M in 2024; gross margin 22.3% in 2025 vs 28.6% in 2024 (calculated: $28.5M/$127.7M vs $45.2M/$158.2M)
• • SG&A rose to $95.1M (75% of revenue) in 2025 from $80.0M (51% of revenue) in 2024, driven by Pangiam acquisition expenses and increased sales/marketing spend
• • Best segment: revenue contribution from Pangiam acquisition mitigated declines; worst: Army programs volume declined causing revenue drop
• • Cash proceeds totaling $637M from ATM sales of 142M shares; $267.6M cash paid for Ask Sage acquisition; no dividend or buyback details; interest income $13.3M in 2025 vs $2.3M in 2024 reflecting higher cash balances
• • Management flags U.S. government budget uncertainties and defense acquisition reforms as key risks; expects long-term AI adoption growth despite near-term funding volatility

What are the latest BBAI SEC filings in 2026?

BigBear.ai Holdings, Inc. (BBAI) has filed a 10-K annual report on March 2, 2026, a 10-Q quarterly report on May 5, 2026, an 8-K current report on July 31, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did BBAI file its most recent 10-K annual report?

BigBear.ai Holdings, Inc. (BBAI) filed its most recent 10-K annual report on March 2, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view BBAI 10-Q quarterly reports?

BigBear.ai Holdings, Inc. (BBAI)'s most recent 10-Q quarterly report was filed on May 5, 2026. SignalX displays every BBAI 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has BBAI filed recently?

BigBear.ai Holdings, Inc. (BBAI)'s most recent 8-K was filed on July 31, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find BBAI insider trading activity (Form 4)?

SignalX aggregates every BBAI Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does BBAI file with the SEC?

BigBear.ai Holdings, Inc. (BBAI) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new BBAI filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for BigBear.ai Holdings, Inc. (BBAI).

What is BBAI's SEC CIK number?

BigBear.ai Holdings, Inc. (BBAI)'s SEC CIK (Central Index Key) number is 1836981. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1836981 to look up all BBAI filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find BBAI return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from BigBear.ai Holdings, Inc. (BBAI) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.