BigBear.ai
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The comparison shows BigBear.ai's recent quarters have flat revenue, driven by AI predictive modeling and security consulting for government and enterprise, while Cerebras's revenue has been rising from selling specialized compute hardware and software. Both reported large operating losses (BigBear.ai -74%, Cerebras -265%).
The piece compares BigBear.ai, which offers decision-intelligence for supply chains and defense, with IonQ, a quantum-hardware maker. BigBear.ai reported FY2025 revenue of $127.7M (down 19.3%) and a net loss of $293.9M, with over 50% revenue concentrated in a few customers including the U.S. Department of Defense and intelligence agencies; its debt-to-equity is zero and current ratio 1.8. The comparison highlights different growth paths and risk profiles.
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