BigBear.ai (BBAI) Stock Rallies 23% on Ask Sage Acquisition and Q3 Earnings Beat - Blockonomi

BigBear.ai (BBAI) Stock Surges 23% on Q3 Earnings Beat and Ask Sage Acquisition

BigBear.ai (BBAI) shares jumped 23% in pre-market trading on November 11, 2025, following strong third-quarter results and a significant acquisition announcement. The company revealed plans to acquire Ask Sage for $250 million, with the deal expected to close in early 2026.

Q3 Financial Performance

BigBear.ai reported Q3 revenue of $33.1 million, a 20% decline from $41.51 million in the same quarter last year. The drop was primarily due to reduced work on U.S. Army projects. However, the revenue still exceeded analyst estimates of $31.81 million.

The company's quarterly loss was $0.03 per share, better than the expected loss of $0.07 per share and an improvement over last year's Q3 loss of $0.06 per share. This reflects improved cost control and operational efficiency.

Acquisition of Ask Sage

Ask Sage, a generative AI platform focusing on secure government solutions, contributes roughly $25 million in annual recurring revenue. This acquisition is expected to strengthen BigBear.ai's position in the government AI market.

"BigBear.ai (BBAI) stock jumped 23% in pre-market trading on November 11, 2025, after announcing the acquisition of Ask Sage for $250 million and beating Q3 earnings expectations."

Updated Revenue Guidance

Following these developments, BigBear.ai raised its revenue outlook for 2025 to a range of $125 million to $140 million.

Summary

BigBear.ai’s Q3 results and strategic Ask Sage acquisition showcase the company’s resilience and growth strategy within the government AI sector, despite recent revenue challenges.

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Blockonomi Blockonomi — 2025-11-11

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