BigBear.ai(BBAI) - 2025 Q2 - Earnings Call Presentation

Financial Highlights - BigBear.ai reported a record ending cash balance of $391 million[19, 20] - The company achieved a net positive cash position for the first time, with almost $250 million[19, 20] - For the three months ended June 30, 2025, revenues were $32472 thousand, with a gross margin of 250%[34] - Adjusted gross margin for the three months ended June 30, 2025, was 292% or $9488 thousand[34] - Net loss for the three months ended June 30, 2025, was $(228619) thousand[33] - Adjusted EBITDA for the three months ended June 30, 2025, was $(8498) thousand[33] Market and Strategic Focus - There is a massive increase in emphasis on border and biometrics[12] - The industry is experiencing defense disruption and AI breakthroughs[12] - The company is accelerating global expansion with UAE partnership and others[12] - There is a $14 trillion investment through One Big Beautiful Bill[15] - There is a $70 billion acceleration joint AI investment with the United Arab Emirates (UAE)[15] - There is a 44% YoY increase in U S investments in AI physical infrastructure[15]