On August 11th at 4:15 PM ET BigBear.ai is set to release its second quarter 2025 earnings report after market close. Analysts are forecasting a loss of roughly six cents per share, slightly deeper than last year’s five-cent loss, with revenue expected to land between $40 and $41 million—just a modest increase over the same quarter in 2024.
The company’s history with earnings announcements has been rough: in nearly nine out of ten past reports, the stock has fallen the following day, with the typical drop around 14 percent. Options traders are bracing for a potential post-earnings move of roughly 18% in either direction. This time around, the market will be watching closely to see if BigBear.ai can deliver earnings and revenue that surpass forecasts, accelerate the conversion of its sizable $385 million backlog into realized revenue, and provide guidance that signals progress toward better margins, more efficient contract delivery, and stronger cash generation.
With $108 million in cash at the end of the previous quarter and some debt reduction already achieved, the company’s liquidity position will also be under the microscope. Given the high volatility surrounding past earnings releases, tomorrow’s results could have an outsized impact on how the market views BigBear’s role in the defense and AI sectors going forward.
At 4:30 pm EST, BigBear.ai will have its Q2 2025 Earnings Conference Call. Information on the webcast and previous quarters’ reports are located at https://ir.bigbear.ai
