BigBear.ai
BigBear.ai (BBAI) reported its second--quarter 2026 financial results on July 30, 2026, delivering revenue of $36.7 million, a 13% year--over--year increase that exceeded market estimates. The company achieved a significant gross margin expansion to 32.8%, up 781 basis points, driven by the increased contribution of generative AI solutions. While the net loss narrowed to $25.7 million, the adjusted EBITDA loss widened to $11.6 million due to intensified investments in research and development and sales operations. The company reaffirmed its full--year 2026 revenue guidance of $135 million to $165 million and reported that its contract backlog grew 9% to $269.6 million.