AICoin AI Spotlight: BigBear.ai’s Growth Challenges Amidst Market Hype
BigBear.ai (BBAI) has surged over 300% in the past year, capitalizing on the artificial intelligence boom. The $1.9 billion market cap firm delivers AI-powered decision intelligence for defense, national security, and transportation sectors. Its $385 million order backlog—more than double last year's revenue—includes contracts with the U.S. Army and international airports.
However, underlying issues persist. Quarterly revenue growth remains stagnant at 5%, with three-year annualized growth barely hitting 3%. The company's 2025 revenue forecast of $160-$180 million suggests just 7% growth at midpoint. Profitability remains elusive—analysts predict continued losses through at least 2026, with negative EBITDA anticipated this year.