BigBear.ai Holdings Inc (STU:28K1)

Q1 2025 BigBear.ai Holdings Inc Earnings Call Transcript

May 1, 2025 / 08:25 PM GMT

Release Date Price: €3.02

Transcript 10-Q8-K

Key Points

Positve

BigBear.ai Holdings Inc (BBAI) reported a 5% year-on-year increase in revenue for Q1 2025, driven by additional revenue from the Department of Homeland Security and digital identity awards.
The company secured a significant new contract with the Department of Defense, validating its AI capabilities and alignment with mission-critical needs.
BigBear.ai Holdings Inc (BBAI) has a strong financial position with $108 million in cash and cash equivalents, providing financial flexibility for strategic investments.
The company's backlog increased by 30% to $385 million, indicating continued customer confidence in its solutions.
BigBear.ai Holdings Inc (BBAI) is strategically expanding into international markets and new domestic adjacencies, leveraging its core competencies and technologies.

Negative

The company reported a net loss of $62 million for Q1 2025, although this was an improvement from the previous year's net loss of $127.8 million.
Adjusted EBITDA was negative $7 million for Q1 2025, primarily due to increased R&D expenses and government funding delays.
Gross margin showed only a slight improvement, with adjusted gross margin decreasing from 29.1% in Q1 2024 to 28.6% in Q1 2025.
There are potential short-term risks due to changes in federal procurement processes and government efficiency efforts, causing temporary variability and delays in funding.
The company faces challenges in maintaining consistent revenue growth due to the lumpiness and fluctuation in contract awards and milestone achievements.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BBAI.N - BigBear.ai Holdings Inc
Q1 2025 BigBear.ai Holdings Inc Earnings Call
May 01, 2025 / 08:25PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Greetings and welcome to the Big Bear AI Holdings Incorporated 1st quarter 25 earnings call and webcast. At this time, all participants are in a listen-only mode.

If anyone should require operator assistance, please press 0 on your telephone keypad. As a reminder, this conference is being recorded. It's not my pleasure to introduce David Cronlo.

Thank you, David. You may be good.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you all for joining today for our first quarter, 2025 earnings call.

I'm joined today by our CEO Kevin McLennan, and

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.