BigBear.ai
BigBear.ai (BBAI) released its second quarter 2026 financial results on July 30, 2026, reporting revenue of $36.75 million, representing a 13% year--over--year increase that exceeded analyst expectations. The company demonstrated significant operational improvement with gross margins expanding to 32.8%, a 781--basis--point increase attributed to a higher mix of high--margin AI software revenue. During the quarter, BigBear.ai secured over 20 new contracts, bringing its total backlog to $269.6 million. Additionally, the company achieved Cybersecurity Maturity Model Certification (CMMC) Level 2 ahead of schedule and reaffirmed its full--year 2026 revenue guidance of $135 million to $165 million. While the company reported an adjusted loss of $0.05 per share, the stock reacted positively, gaining approximately 10% in regular trading following the announcement.