BigBear.ai Holdings, Inc. (BBAI) Reports Q2 Loss, Lags Revenue Estimates

Core Insights - BigBear.ai Holdings, Inc. (BBAI) reported a quarterly loss of $0.06 per share, which was better than the Zacks Consensus Estimate of a loss of $0.07, representing an earnings surprise of +14.29% [1] - The company posted revenues of $32.47 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 20.78%, and a decline from $39.78 million year-over-year [2] - BigBear.ai shares have increased approximately 60.5% year-to-date, significantly outperforming the S&P 500's gain of 8.6% [3] Financial Performance - Over the last four quarters, BigBear.ai has surpassed consensus EPS estimates three times, but has not beaten consensus revenue estimates during the same period [2] - The current consensus EPS estimate for the upcoming quarter is -$0.06 on revenues of $44.14 million, and for the current fiscal year, it is -$0.41 on revenues of $166.85 million [7] Industry Context - The Computers - IT Services industry, to which BigBear.ai belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact BigBear.ai's stock performance [5][6]