BigBear.ai
BigBear.ai announced a $53 million sole--source prime classified contract with an Intelligence Community customer as part of its Q1 2026 financial results. This award contributed to a 14% sequential increase in the company's total backlog, which reached $281.9 million. While Q1 revenue of $34.4 million exceeded analyst expectations, the company reported a net loss of $0.12 per share, missing estimates due to increased operational expenses and integration costs associated with recent acquisitions.