BigBear.ai Holdings, Inc. (BBAI) Q2 2026 Earnings Call Prepared Remarks Transcript

SA Transcripts 161.36K Followers Follow BigBear.ai Holdings, Inc. ( BBAI ) Q2 2026 Earnings Call July 30, 2026 4:30 PM EDT Company Participants Sean Ricker - CFO & Principal Accounting Officer Kevin McAleenan - CEO & Director Presentation Operator Greetings, and welcome to the BigBear.ai Holdings, Inc. Second Quarter 2026 Earnings Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Sean Ricker, Chief Financial Officer. Thank you. You may begin. Sean Ricker CFO & Principal Accounting Officer Good afternoon, and thank you all for joining us today for our second quarter 2026 earnings call. I'm Sean Ricker, CFO of BigBear.ai, and I'm joined today by our CEO, Kevin McAleenan. Statements made in today's call that are not historical fact are considered forward-looking statements and are made pursuant to the safe harbor provisions of the federal securities laws. Actual results may differ materially from those projected in the forward-looking statements. Please see today's press release and our SEC filings for a description of some of the factors that may cause actual results to differ materially from those in the forward-looking statements. We also have posted tables on our website today that we plan to address during the call to supplement our comments. These tables also include information regarding non-GAAP measures that may be used in today's call. Please access our website at www.bigbear.ai and click on the Investor Relations link to view and follow the charts. Now I'll hand it over to Kevin. Kevin McAleenan CEO & Director Good afternoon, and thank you, Sean. I'm pleased to report to our investors that BigBear.ai had a strong quarter. First, revenue for the second quarter of 2026 exceeded revenue for the same period in 2025 by 13%, and our gross margin improved by 781 basis points. We are on track to meet our top