NYSE$BBAI
Bigbear.Ai Holdings Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Achieved 8% quarter-over-quarter revenue growth driven by key wins and growth within Analytics; cost savings initiatives expected to drive $20 million of annualized expense savings.
BigBear.ai announced financial results for Q3 2022, achieving revenue of $40.7 million compared to $40.2 million for the third quarter of 2021. Analytics revenue increased by 8%. The company is on track with planned cost savings initiatives expected to drive $20 million of annualized operating expense savings.
- Revenue of $40.7 million, compared to $40.2 million for the third quarter of 2021
- Analytics revenue increased $1.7 million, or 8%, as compared to the same period in 2021, primarily driven by the award of the U.S. Army Global Force Information Management (GFIM) contract in the third quarter of 2022
- Gross margin of 29%, compared to 27% for the third quarter of 2021
- Ending cash balance of $22 million
Headline financials
Revenue & EPS history
Bigbear.Ai · Revenue · Quarterly
$40.7M
Forward guidance
The Company is affirming the following guidance: •Revenue of approximately between $150 million to $170 million for the year-ended December 31, 2022 •Single-digit negative Adjusted EBITDA*, in millions, for the second half of 2022
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2022
-10.0%
Avg return
Earnings day
-10.4%
Avg return
5 days after
-1.5%
Avg return
30 days after
21%
4 / 19 earnings
Positive
+6.0%
Q3 2025
Best reaction
-32.7%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.7% | +0.2% | +14.4% | |
| Q4 2025 | -7.1% | +3.7% | -12.7% | |
| Q3 2025 | +6.0% | +6.1% | +18.0% | |
| Q1 2025 | +0.4% | -8.7% | +24.6% | |
| Q4 2024 | -20.5% | -22.1% | -32.1% | |
| Q3 2024 | -1.2% | +9.3% | +77.6% | |
| Q2 2024 | -11.3% | -18.5% | +5.3% | |
| Q1 2024 | -13.4% | -14.0% | -12.8% | |
| Q4 2023 | -32.7% | -39.0% | -49.0% | |
| Q3 2023 | +1.4% | +6.1% | +11.6% | |
| Q2 2023 | -13.1% | -7.1% | -13.1% | |
| Q1 2023 | -8.6% | -14.7% | -24.4% | |
| Q4 2022 | -13.8% | -18.4% | +41.9% | |
| Q3 2022 | -4.6% | +0.9% | -11.1% | |
| Q2 2022 | -27.0% | -29.9% | -52.2% | |
| Q1 2022 | -20.5% | -24.1% | -49.3% | |
| Q4 2021 | -23.8% | -26.6% | +49.5% | |
| Q3 2021 | +0.2% | +0.1% | -15.4% | |
| Q2 2021 | -0.2% | -0.2% | +0.1% | |
| Q4 2020 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — |
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