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BigBear.ai Holdings (BigBear.ai Holdings) Operating Income : $-35.3 Mil (TTM As of Mar. 2024)


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What is BigBear.ai Holdings Operating Income?

BigBear.ai Holdings's Operating Income for the three months ended in Mar. 2024 was $-11.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-35.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. BigBear.ai Holdings's Operating Income for the three months ended in Mar. 2024 was $-11.1 Mil. BigBear.ai Holdings's Revenue for the three months ended in Mar. 2024 was $33.1 Mil. Therefore, BigBear.ai Holdings's Operating Margin % for the quarter that ended in Mar. 2024 was -33.53%.

BigBear.ai Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BigBear.ai Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -19.09%. BigBear.ai Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5,965.10%.


BigBear.ai Holdings Operating Income Historical Data

The historical data trend for BigBear.ai Holdings's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BigBear.ai Holdings Operating Income Chart

BigBear.ai Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial 6.38 - -78.47 -50.18 -35.49

BigBear.ai Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.28 -10.19 -6.78 -7.25 -11.11

BigBear.ai Holdings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BigBear.ai Holdings  (NYSE:BBAI) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

BigBear.ai Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-44.424 * ( 1 - 0.01% )/( (177.484 + 287.93)/ 2 )
=-44.4195576/232.707
=-19.09 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

BigBear.ai Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-486.424/( ( (5.038 + max(-40.216, 0)) + (11.271 + max(-20.151, 0)) )/ 2 )
=-486.424/( ( 5.038 + 11.271 )/ 2 )
=-486.424/8.1545
=-5,965.10 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.949 + 0 + 4.449) - (27.271 + 0.879 + 38.464)
=-40.216

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.584 + 0 + 4.661) - (27.731 + 3.853 + 29.812)
=-20.151

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

BigBear.ai Holdings's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-11.106/33.121
=-33.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


BigBear.ai Holdings Operating Income Related Terms

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BigBear.ai Holdings (BigBear.ai Holdings) Business Description

Traded in Other Exchanges
Address
6811 Benjamin Franklin Drive, Suite 200, Columbia, MD, USA, 21046
BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment provides high-end technology and management consulting services to its customers, focusing on cloud engineering and enterprise IT, cybersecurity, computer network operations, and wireless, systems engineering, as well as program planning, and Analytics segment provides high-end technology and consulting services to its customers, focusing on data computing and analytical solutions, including predictive and prescriptive analytics solutions.
Executives
Avi S Katz director C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Raluca Dinu director C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Pamela Joyce Braden director 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii Gp, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Norm Laudermilch officer: Chief Operating Officer 6811 BENJAMIN FRANKLIN DRIVE, SUITE 200, COLUMBIA MD 21046
Joshua Lane Kinley officer: Chief Financial Officer 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Amanda Long director, officer: Chief Executive Officer 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Julie Peffer officer: Chief Financial Officer 1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Carolyn Blankenship officer: General Counsel and Secretary 1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-a, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-b, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Michael Robert Greene 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Bbai Aggregator, Lp 10 percent owner 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303