BigBear.ai BBAI Earnings: Bullish to $4.38, Bearish to $2.37
The comfortable story about BigBear.ai is that the market has stopped believing in defence AI. The evidence says something narrower and more awkward. In its last reported quarter the company grew backlog 14% sequentially to $281.9 million, lifted gross margin from 21.3% to 34%, landed roughly $75 million in new wins and sits on $431.5

