BigBear.ai Holdings
BBAIQ1 2024(BBAI Q4 FY2023)Reported55% AI
AI Revenue %
55%
AI Fair Value
$977.2M
AI Revenue (Q)
$18.7M
Total Revenue (Q)
$34.0M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Derived Q4 revenue: Full-year FY2023 $155.2M minus nine-month $114.6M = $40.6M. Pre-Pangiam period, single-segment reporting. The 10-K describes the company as providing 'AI-powered decision intelligence solutions for national security, supply chain management, and digital identity.' The Pangiam acquisition was announced (Nov 2023 merger agreement) but not yet closed. Maintaining 55% AI estimate for the legacy business.
Analyzed by claude-opus-4-6
Quoted Figures
BigBear.ai is a leading provider of Edge AI-powered decision intelligence solutions for national security, supply chain management, and digital identity
10-K December 31, 2023 - Item 1: Business
Year Ended December 31, 2024 2023 2022 Revenues $ 158,236 $ 155,164 $ 155,011
10-K December 31, 2024 - Note 22: Segments
AI Products Identified (Ring 1)
Observe (computer vision)Orient (decision intelligence)Dominate (autonomous systems)Predictive analyticsPrescriptive analytics
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