Bigbear.ai Holdings vs Expensify
Bigbear.ai Holdings and Expensify are similar in size: $128m and $142m of revenue in their latest fiscal years. Expensify grew faster (2.1% against -19.3%). Expensify kept more of each dollar of sales as profit: a net margin of -15.1% against -230.2%. Expensify carries less debt relative to equity (0.0% against 23.3%).
| Latest fiscal year | Bigbear.ai HoldingsBBAI, 2025 | ExpensifyEXFY, 2025 |
|---|---|---|
| Revenue | $128m | $142m |
| Revenue growth | -19.3% | 2.1% |
| Net income | −$294m | −$21.4m |
| Operating margin | -167.5% | -12.7% |
| Net margin | -230.2% | -15.1% |
| Return on equity | -96.7% | -16.4% |
| Free cash flow | −$42.5m | $20.1m |
| Cash | $87.1m | $63.1m |
| Total debt | $142m | $0 |
| Debt to equity | 23.3% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $9.1m |
| Employees | 579 | 117 |
| Market value | $1.21bn | $219m |
| Price vs our value range | — | — |
| Moat score | 10 (Weak) | 32 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 6 buys, 34 sales |