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Mar 31, 2022
Bigbear.Ai Q1 2022 Earnings Report
Reported financial results for the first quarter of 2022.
Key Takeaways
BigBear.ai reported revenue of $36.4 million and a net loss of $18.8 million for the first quarter of 2022. The company reaffirmed its 2022 financial outlook and closed on the acquisition of ProModel Corporation.
Revenue of $36.4 million for the quarter ended March 31, 2022.
Gross margin of 27% for the quarter ended March 31, 2022.
Analytics segment adjusted gross margin of 47% for the quarter ended March 31, 2022.
Ending total backlog of $459 million.
Bigbear.Ai
Bigbear.Ai
Bigbear.Ai Revenue by Segment
Forward Guidance
The Company continues to project revenue between $175 million and $205 million for the year-ended December 31, 2022, including approximately $20 million of commercial revenue.