BigBear.ai vs SmartRent
SmartRent reported revenue of $152 million in fiscal 2025, 1.2 times BigBear.ai's $128 million in fiscal 2025. BigBear.ai's revenue fell 19.3% in its latest year, and SmartRent's fell 12.9%. BigBear.ai had an operating margin of -167.5%, against -42.0% at SmartRent. Free cash flow was −$42 million at BigBear.ai and −$25 million at SmartRent.
Side by side
| BigBear.ai | SmartRent | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $128M | $152M |
| Revenue growth | −19.3% | −12.9% |
| Revenue growth a year, last 5 years | 11.7% | 23.7% |
| Gross margin | 22.3% | 32.7% |
| Operating margin | −167.5% | −42.0% |
| Net margin | −230.2% | −39.8% |
| Free cash flow | −$42M | −$25M |
| Free cash flow margin | −33.3% | −16.5% |
| Return on capital | −65.8% | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $5M |
| Change in diluted share count | 53.6% | −4.8% |
| Last close | $2.22 | $1.59 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | sold $661,890 | bought $2.3 million, sold $0 |
| Piotroski F-score | 4 of 9 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BigBear.aiSmartRent
Operating margin
Percent of revenue
BigBear.aiSmartRent
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BigBear.aiSmartRent
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the BigBear.ai and SmartRent pages.