BigBear.ai revenue continues to shrink with 20% decline and mounting losses
$127M TTM revenue, -20% YoY
BigBear.ai reported approximately $127 million in trailing twelve-month revenue, a 20% year-over-year decline, with net losses of $289 million and significant share dilution as outstanding shares increased 68% year-over-year.
Why it mattersBigBear.ai represents the weakest fundamental profile among tracked AI stocks: declining revenue, expanding losses, aggressive dilution, and a P/S ratio of 9x on shrinking sales. The company's reliance on government contracts introduces concentration risk, and its $1.2 billion market cap appears difficult to justify on current fundamentals.
Source: StockAnalysis · Published 2026-07-22 · Checked 2026-07-30 · Confidence: low