BigBear.ai Holdings Inc. (NYSE:BBAI) shares continue to surge in premarket trading after the company reported better-than-expected third-quarter 2025 results, reinforcing bullish sentiment following a string of positive developments in recent months.
The company delivered revenue of $33.14 million, surpassing estimates of $31.82 million, and posted a net loss of just 3 cents per share, handily beating expectations for a 7-cent loss. While revenue declined 20% year-over-year due to lower Army program volumes, the gross margin remained healthy at 22.4%.
