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BigBear.ai(BBAI) - 2025 Q1 - Quarterly Results
BBAIBigBear.ai(BBAI)2025-05-01 20:16

Financial Highlights *EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, and Recurring SG&A are non-GAAP financial measures. See the "Non-GAAP Financial Measures" section in this press release for additional information and reconciliations. Page 1 • 1Q 25 revenue of 34.8million(1Q2434.8 million (1Q 24 33.1 million) +5% year-over-year. • During the first quarter of 2025, reduced long-term debt by 58millionasaresultofvoluntaryconversionsofthe2029Notes.Raisedgrossproceedsof58 million as a result of voluntary conversions of the 2029 Notes. • Raised gross proceeds of 64.7 million from the exercise of ...