NYSE$BBAI
Bigbear.Ai Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
BigBear.ai reported a net loss of $21.3 million and positive adjusted EBITDA in Q4 2023.
BigBear.ai announced the close of the Pangiam acquisition, received $54M in incremental cash proceeds, and reported a net loss of $21.3 million in Q4 2023. The company also achieved its second consecutive quarter of positive adjusted EBITDA.
- Closed Pangiam acquisition, combining facial recognition, image-based anomaly detection, and advanced biometrics with BigBear.ai’s computer vision capabilities.
- Received approximately $54 million of cash proceeds related to warrants exercised in the first quarter of 2024.
- Reported a net loss of $21.3 million in the fourth quarter of 2023, an improvement of $8.6 million compared to Q4 2022.
- Achieved second consecutive quarter of positive adjusted EBITDA at $3.7 million.
Headline financials
Revenue & EPS history
Bigbear.Ai · Revenue · Quarterly
$40.6M
Forward guidance
The company projects revenue between $195 million and $215 million for the year ending December 31, 2024. The projections include the results of Pangiam after the acquisition date of February 29, 2024
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 Q4 2023
-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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