BigBear.ai Holdings
BBAIQ4 2024(BBAI Q3 FY2024)Reported58% AI
AI Revenue %
58%
AI Fair Value
$1.1B
AI Revenue (Q)
$24.1M
Total Revenue (Q)
$41.5M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Revenue was $41.5M. Pangiam fully included. The 9-month Pangiam contribution of $25.1M implies growing contribution over time. Maintaining 58% estimate as the Pangiam Vision AI revenue mix stabilizes within the combined entity. R&D spending increased to $3.8M (vs. $1.8M prior year) indicating continued AI product investment.
Analyzed by claude-opus-4-6
Quoted Figures
Three Months Ended September 30, 2024 Revenues $ 41,505
10-Q September 30, 2024 - Consolidated Statements of Operations
The post-acquisition net revenues and net loss included in the results of operations for the nine months ended September 30, 2024 were $ 25.1 million and $ 86.4 million
10-Q September 30, 2024 - Note 4: Business Combinations
Research and development 3,820
10-Q September 30, 2024 - Consolidated Statements of Operations
AI Products Identified (Ring 1)
Observe (computer vision)Orient (decision intelligence)Dominate (autonomous systems)Pangiam Vision AIFacial recognitionBiometricsEdge AI
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Cybersecurity consultingSystems engineeringIT servicesManagement consulting
Confidence Tier
ReportedAI revenue explicitly disclosed in SEC filings