Shares of BigBear.ai Holdings (BBAI) plummeted 20.17% in after-hours trading on Monday following the release of its disappointing second-quarter 2025 financial results. The artificial intelligence company reported significant misses on both earnings per share (EPS) and revenue, while also lowering its full-year revenue guidance and withdrawing its adjusted EBITDA forecast.
BigBear.ai reported a Q2 EPS loss of $0.71, which was substantially wider than the analyst consensus estimate of a $0.06 loss. This represents a staggering 1,026.98% miss and a 1,320% increase in losses compared to the same period last year. Revenue for the quarter came in at $32.472 million, falling short of the expected $41.17 million by 21.13% and marking an 18.38% decrease from the previous year.
Adding to investor concerns, BigBear.ai lowered its full-year 2025 revenue outlook to a range of $125 million to $140 million, down from the previous analyst expectations of $167.7 million. The company also withdrew its fiscal year adjusted EBITDA guidance, citing uncertainty surrounding an Army program and anticipated growth investments in the second half of the year. These factors combined to spark a sell-off in the stock, erasing recent gains and highlighting the challenges faced by the AI firm in meeting its financial targets.
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