BigBear.ai Holdings annual free cash flow
2019
2021
2022
2023
2024
2025
BigBear.ai Holdings Free Cash Flow (FCF) History (BBAI)
BigBear.ai Holdings reported −$42.5M in free cash flow for fiscal 2025, a decrease of $3.9M from the previous fiscal year, with a free cash flow margin of −33.27%.
View full BigBear.ai Holdings company overviewBigBear.ai Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$42.5M | −$3.9M | — | −33.27% |
| 2024 | 2024-12-31 | −$38.6M | −$20.3M | — | −24.40% |
| 2023 | 2023-12-31 | −$18.3M | $31.4M | — | −11.80% |
| 2022 | 2022-12-31 | −$49.7M | −$29.3M | — | −32.05% |
| 2021 | 2021-12-31 | −$20.4M | −$24.5M | — | −14.03% |
| 2019 | 2020-01-01 | $4.1M | — | — | +5.57% |
BigBear.ai Holdings quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$22.5M | −$18.6M | — | −61.29% |
| Q1 2026 | 2026-03-31 | −$18.3M | −$11.6M | — | −53.20% |
| Q4 2025 | 2025-12-31 | −$22.1M | −$7.1M | — | −80.90% |
| Q3 2025 | 2025-09-30 | −$9.8M | −$7.7M | — | −29.49% |
| Q2 2025 | 2025-06-30 | −$3.9M | $3.3M | — | −11.93% |
| Q1 2025 | 2025-03-31 | −$6.7M | $7.7M | — | −19.40% |
| Q4 2024 | 2024-12-31 | −$15.0M | −$14.9M | — | −34.19% |
| Q3 2024 | 2024-09-30 | −$2.0M | −$8.6M | — | −4.90% |
| Q2 2024 | 2024-06-30 | −$7.2M | $5.6M | — | −18.07% |
| Q1 2024 | 2024-03-31 | −$14.4M | −$2.4M | — | −43.47% |
| Q4 2023 | 2023-12-31 | −$74,000 | $10.5M | — | −0.18% |
| Q3 2023 | 2023-09-30 | $6.6M | $13.2M | — | +19.36% |
| Q2 2023 | 2023-06-30 | −$12.8M | $11.8M | — | −33.28% |
| Q1 2023 | 2023-03-31 | −$12.0M | −$4.1M | — | −28.51% |
| Q4 2022 | 2022-12-31 | −$10.6M | $10.5M | — | −26.17% |
| Q3 2022 | 2022-09-30 | −$6.6M | −$7.2M | — | −16.29% |
| Q2 2022 | 2022-06-30 | −$24.6M | −$23.9M | — | −65.45% |
| Q1 2022 | 2022-03-31 | −$7.9M | −$8.6M | — | −21.68% |
| Q4 2021 | 2021-12-31 | −$21.0M | — | — | −62.87% |
| Q3 2021 | 2021-09-30 | $571,000 | — | — | +1.42% |
| Q2 2021 | 2021-06-30 | −$673,000 | — | — | −1.85% |
| Q1 2021 | 2021-03-31 | $723,000 | — | — | +2.03% |
BigBear.ai Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $4.1M to −$42.5M, a net decrease of $46.6M. BigBear.ai Holdings's latest reported quarter, Q2 2026, generated −$22.5M in free cash flow, a decrease of $18.6M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review BigBear.ai Holdings filings at SEC.gov ↗