BigBear.ai
BigBear.ai (BBAI) reported its second--quarter 2026 financial results on July 30, 2026, featuring a 13% year--over--year revenue increase to $36.7 million and a significant gross margin expansion of 781 basis points to 32.8%. The company's backlog grew 9% to $269.6 million, supported by more than 20 new contract wins during the period. While the company posted a net loss of $25.7 million, it maintained a robust liquidity position with $409.8 million in cash and investments. Management reaffirmed full--year 2026 revenue guidance of $135 million to $165 million, citing strong demand for its specialized AI solutions in defense and national security.