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Side-by-side financial comparison of BigBear.ai Holdings, Inc. (BBAI) and FIVE STAR BANCORP (FSBC). Click either name above to swap in a different company.

FIVE STAR BANCORP is the larger business by last-quarter revenue ($45.1M vs $27.3M, roughly 1.7× BigBear.ai Holdings, Inc.). Over the past eight quarters, FIVE STAR BANCORP's revenue compounded faster (21.3% CAGR vs -9.2%).

BigBear.ai Holdings, Inc. develops and delivers artificial intelligence-powered decision support and analytics solutions. Its core offerings cover predictive analytics, supply chain optimization, and operational intelligence platforms, serving key segments including national defense, intelligence agencies, and commercial enterprise clients primarily across North America, helping customers improve operational efficiency and mitigate risks.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

BBAI vs FSBC — Head-to-Head

Bigger by revenue
FSBC
FSBC
1.7× larger
FSBC
$45.1M
$27.3M
BBAI
Faster 2-yr revenue CAGR
FSBC
FSBC
Annualised
FSBC
21.3%
-9.2%
BBAI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BBAI
BBAI
FSBC
FSBC
Revenue
$27.3M
$45.1M
Net Profit
$18.6M
Gross Margin
20.3%
Operating Margin
-295.0%
Net Margin
41.3%
Revenue YoY
-37.7%
Net Profit YoY
42.0%
EPS (diluted)
$0.17
$0.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BBAI
BBAI
FSBC
FSBC
Q1 26
$45.1M
Q4 25
$27.3M
$43.5M
Q3 25
$33.1M
$41.3M
Q2 25
$32.5M
$38.3M
Q1 25
$34.8M
$35.3M
Q4 24
$43.8M
$35.2M
Q3 24
$41.5M
$31.8M
Q2 24
$39.8M
$30.7M
Net Profit
BBAI
BBAI
FSBC
FSBC
Q1 26
$18.6M
Q4 25
$17.6M
Q3 25
$2.5M
$16.3M
Q2 25
$-228.6M
$14.5M
Q1 25
$-62.0M
$13.1M
Q4 24
$13.3M
Q3 24
$-15.1M
$10.9M
Q2 24
$-14.4M
$10.8M
Gross Margin
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
20.3%
Q3 25
22.4%
Q2 25
25.0%
Q1 25
21.3%
Q4 24
37.4%
Q3 24
25.9%
Q2 24
27.8%
Operating Margin
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
-295.0%
52.9%
Q3 25
-66.0%
53.8%
Q2 25
-278.1%
52.4%
Q1 25
-61.0%
52.0%
Q4 24
-18.6%
55.1%
Q3 24
-25.4%
48.0%
Q2 24
-41.9%
49.4%
Net Margin
BBAI
BBAI
FSBC
FSBC
Q1 26
41.3%
Q4 25
40.6%
Q3 25
7.6%
39.6%
Q2 25
-704.0%
37.9%
Q1 25
-178.3%
37.1%
Q4 24
37.9%
Q3 24
-36.5%
34.4%
Q2 24
-36.3%
35.2%
EPS (diluted)
BBAI
BBAI
FSBC
FSBC
Q1 26
$0.87
Q4 25
$0.17
$0.83
Q3 25
$-0.03
$0.77
Q2 25
$-0.71
$0.68
Q1 25
$-0.25
$0.62
Q4 24
$-0.47
$0.61
Q3 24
$-0.06
$0.52
Q2 24
$-0.06
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBAI
BBAI
FSBC
FSBC
Cash + ST InvestmentsLiquidity on hand
$87.1M
$644.4M
Total DebtLower is stronger
$107.0M
Stockholders' EquityBook value
$611.9M
$458.5M
Total Assets
$894.5M
$5.0B
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBAI
BBAI
FSBC
FSBC
Q1 26
$644.4M
Q4 25
$87.1M
Q3 25
$456.6M
Q2 25
$390.8M
Q1 25
$107.6M
Q4 24
$50.1M
Q3 24
$65.6M
Q2 24
$72.3M
Total Debt
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
$107.0M
Q3 25
$104.9M
Q2 25
$103.0M
Q1 25
$101.4M
Q4 24
$136.2M
Q3 24
$195.7M
Q2 24
$195.7M
Stockholders' Equity
BBAI
BBAI
FSBC
FSBC
Q1 26
$458.5M
Q4 25
$611.9M
$445.8M
Q3 25
$610.0M
$431.3M
Q2 25
$266.6M
$416.7M
Q1 25
$197.8M
$406.5M
Q4 24
$-3.7M
$396.6M
Q3 24
$127.5M
$389.9M
Q2 24
$134.7M
$380.5M
Total Assets
BBAI
BBAI
FSBC
FSBC
Q1 26
$5.0B
Q4 25
$894.5M
$4.8B
Q3 25
$919.8M
$4.6B
Q2 25
$599.4M
$4.4B
Q1 25
$396.3M
$4.2B
Q4 24
$343.8M
$4.1B
Q3 24
$354.1M
$3.9B
Q2 24
$360.9M
$3.6B
Debt / Equity
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
0.17×
Q3 25
0.17×
Q2 25
0.39×
Q1 25
0.51×
Q4 24
Q3 24
1.54×
Q2 24
1.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBAI
BBAI
FSBC
FSBC
Operating Cash FlowLast quarter
$-21.8M
Free Cash FlowOCF − Capex
$-22.1M
FCF MarginFCF / Revenue
-80.9%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
$-21.8M
$72.6M
Q3 25
$-9.6M
$18.8M
Q2 25
$-3.9M
$17.8M
Q1 25
$-6.7M
$15.5M
Q4 24
$-14.8M
$51.8M
Q3 24
$-1.9M
$17.5M
Q2 24
$-7.1M
$16.0M
Free Cash Flow
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
$-22.1M
$71.4M
Q3 25
$-9.8M
$18.6M
Q2 25
$-3.9M
$17.5M
Q1 25
$-6.7M
$15.4M
Q4 24
$-15.0M
$51.2M
Q3 24
$-2.0M
$17.3M
Q2 24
$-7.2M
$15.8M
FCF Margin
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
-80.9%
164.3%
Q3 25
-29.5%
45.0%
Q2 25
-11.9%
45.8%
Q1 25
-19.4%
43.5%
Q4 24
-34.2%
145.5%
Q3 24
-4.9%
54.5%
Q2 24
-18.1%
51.6%
Capex Intensity
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
0.9%
2.8%
Q3 25
0.6%
0.5%
Q2 25
0.0%
0.6%
Q1 25
0.2%
0.3%
Q4 24
0.4%
1.8%
Q3 24
0.3%
0.7%
Q2 24
0.3%
0.7%
Cash Conversion
BBAI
BBAI
FSBC
FSBC
Q1 26
Q4 25
4.12×
Q3 25
-3.80×
1.15×
Q2 25
1.23×
Q1 25
1.18×
Q4 24
3.89×
Q3 24
1.60×
Q2 24
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBAI
BBAI

Segment breakdown not available.

FSBC
FSBC

Net Interest Income$43.5M96%
Noninterest Income$1.6M4%

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