| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | NaN | NaN | 33,143 | 32,472 |
| Adjusted cost of revenues | NaN | NaN | 22,705 | 22,396 |
| Adjusted selling and marketing | NaN | NaN | -547 | 2,025 |
| Adjusted general and administrative | NaN | NaN | 16,200 | 12,804 |
| Adjusted research and development | NaN | NaN | 2,805 | 3,861 |
| Restructuring charges | NaN | NaN | 4,257 | 0 |
| Transaction expenses | NaN | NaN | 0 | 0 |
| Goodwill impairment | NaN | NaN | 0 | 70,636 |
| Equity-based compensation expense | NaN | NaN | 5,321 | 4,319 |
| Net (decrease) increase in fair value of derivatives | NaN | NaN | 26,125 | -135,751 |
| Interest income | NaN | NaN | 4,306 | 1,704 |
| Interest expense | NaN | NaN | 4,604 | 4,419 |
| Depreciation and amortization | NaN | NaN | 4,127 | 3,451 |
| Loss on extinguishment of debt | NaN | NaN | 0 | 0 |
| Other segment items | NaN | NaN | 1,581 | 3,133 |
| Net loss | -56,763 | -5,830 | 2,521 | -228,619 |
| Depreciation and amortization expense | 7,081 | 4,233 | 4,127 | 3,451 |
| Amortization of debt discount and issuance costs | 41 | 2,108 | 6,949 | NaN |
| Amortization of debt issuance costs and discount | NaN | NaN | NaN | 2,026 |
| Accretion of discount on investments in debt securities | 381 | 841 | 125 | NaN |
| Equity-based compensation expense | 3,423 | 6,290 | 5,321 | 4,319 |
| Goodwill impairment | NaN | 0 | 0 | 70,636 |
| Impairment of long-lived assets | NaN | 53,403 | NaN | NaN |
| Non-cash lease expense | 233 | 246 | 1,330 | 254 |
| Provision for doubtful accounts | 0 | 0 | 0 | 311 |
| Deferred income tax benefit | NaN | -21,660 | 0 | 0 |
| Loss on extinguishment of debt | -15,826 | 0 | 0 | 0 |
| Increase in fair value of derivatives | 20,125 | -50,168 | -26,125 | 135,751 |
| Loss on sale of property and equipment | NaN | 0 | NaN | NaN |
| (increase) decrease in accounts receivable | 660 | -2,998 | -3,972 | -5,919 |
| (increase) decrease in contract assets | 656 | -1,962 | 1,479 | 189 |
| (increase) in prepaid expenses and other assets | 339 | 7,232 | 2,546 | -1,203 |
| Decrease in accounts payable | -1,984 | -2,809 | 2,150 | -876 |
| (decrease) increase in accrued expenses | -534 | -6,768 | 1,749 | 319 |
| (decrease) increase in contract liabilities | -3,450 | -373 | -959 | 1,449 |
| Increase in other liabilities | 37 | 2,607 | -1,680 | 178 |
| Net cash used in operating activities | -18,001 | -21,834 | -9,585 | -3,868 |
| Purchases of investments in debt securities | NaN | 564,445 | NaN | NaN |
| Purchases of htm investments | NaN | NaN | 258,739 | NaN |
| Proceeds from maturities of investments in debt securities | 43,225 | 191,154 | NaN | NaN |
| Acquisition of businesses, net of cash acquired | 10,183 | 229,025 | 0 | 0 |
| Purchases of property and equipment | 319 | 252 | 188 | 5 |
| Capitalized software development costs | 0 | 0 | 1,142 | 1,159 |
| Net cash provided by (used in) investing activities | 32,723 | -343,829 | -260,069 | -1,164 |
| Proceeds from issuance of shares for exercised rdo and pipe warrants | 0 | 64,673 | NaN | NaN |
| Proceeds from issuance of private placement and registered direct offering shares | NaN | 0 | NaN | NaN |
| Proceeds from issuance of shares for exercised rdo and pipe warrants | NaN | NaN | 0 | 0 |
| Payment of private placement and registered direct offering transaction costs | 0 | 551 | NaN | NaN |
| Payment of rdo and pipe transaction costs | NaN | NaN | 0 | 0 |
| Proceeds from short-term borrowings | NaN | 0 | NaN | NaN |
| Repayment of short-term borrowings | 0 | 0 | 367 | 85 |
| Proceeds from at-the-market offering | 0 | 0 | 337,073 | 300,000 |
| Payment of transaction costs for at-the-market offerings | NaN | NaN | 3,034 | 5,135 |
| Payment of transaction costs for at-the-market offering | 0 | 8,284 | NaN | NaN |
| Payment of debt issuance costs to third parties | 0 | 0 | 0 | 337 |
| Issuance of common stock upon espp purchase | NaN | 1,310 | 0 | 1,069 |
| Proceeds from exercise of options | 67 | 61 | 1,971 | 240 |
| Payments of tax withholding from the issuance of common stock | 850 | 108 | 358 | 1,679 |
| Net cash (used in) provided by financing activities | -783 | 1,263 | 335,285 | 288,822 |
| Effect of foreign currency rate changes on cash, cash equivalents, and restricted cash | 120 | 467 | 104 | -555 |
| Net increase in cash, cash equivalents, and restricted cash | 14,059 | -363,933 | 65,735 | 283,235 |
| Cash, cash equivalents, and restricted cash at the beginning of the period | 92,647 | 456,580 | 390,845 | 107,610 |
| Cash, cash equivalents, and restricted cash at the end of the period | 106,706 | 92,647 | 456,580 | 390,845 |
BigBear.ai Holdings, Inc. (BBAI)
BigBear.ai Holdings, Inc. (BBAI)