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

UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $27.3M, roughly 1.3× BigBear.ai Holdings, Inc.). On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -37.7%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $-22.1M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% 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.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

BBAI vs UNTY — Head-to-Head

Bigger by revenue
UNTY
UNTY
1.3× larger
UNTY
$35.3M
$27.3M
BBAI
Growing faster (revenue YoY)
UNTY
UNTY
+61.9% gap
UNTY
24.2%
-37.7%
BBAI
More free cash flow
UNTY
UNTY
$66.4M more FCF
UNTY
$44.3M
$-22.1M
BBAI
Faster 2-yr revenue CAGR
UNTY
UNTY
Annualised
UNTY
17.5%
-9.2%
BBAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BBAI
BBAI
UNTY
UNTY
Revenue
$27.3M
$35.3M
Net Profit
$15.5M
Gross Margin
20.3%
Operating Margin
-295.0%
55.8%
Net Margin
43.9%
Revenue YoY
-37.7%
24.2%
Net Profit YoY
34.5%
EPS (diluted)
$0.17
$1.52

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
UNTY
UNTY
Q4 25
$27.3M
$35.3M
Q3 25
$33.1M
$32.8M
Q2 25
$32.5M
$34.4M
Q1 25
$34.8M
$29.4M
Q4 24
$43.8M
$28.4M
Q3 24
$41.5M
$27.7M
Q2 24
$39.8M
$25.5M
Q1 24
$33.1M
$25.6M
Net Profit
BBAI
BBAI
UNTY
UNTY
Q4 25
$15.5M
Q3 25
$2.5M
$14.4M
Q2 25
$-228.6M
$16.5M
Q1 25
$-62.0M
$11.6M
Q4 24
$11.5M
Q3 24
$-15.1M
$10.9M
Q2 24
$-14.4M
$9.5M
Q1 24
$-127.8M
$9.6M
Gross Margin
BBAI
BBAI
UNTY
UNTY
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%
Q1 24
21.1%
Operating Margin
BBAI
BBAI
UNTY
UNTY
Q4 25
-295.0%
55.8%
Q3 25
-66.0%
57.5%
Q2 25
-278.1%
62.6%
Q1 25
-61.0%
52.6%
Q4 24
-18.6%
51.0%
Q3 24
-25.4%
52.7%
Q2 24
-41.9%
49.3%
Q1 24
-296.1%
50.0%
Net Margin
BBAI
BBAI
UNTY
UNTY
Q4 25
43.9%
Q3 25
7.6%
43.8%
Q2 25
-704.0%
48.0%
Q1 25
-178.3%
39.5%
Q4 24
40.5%
Q3 24
-36.5%
39.4%
Q2 24
-36.3%
37.1%
Q1 24
-385.8%
37.5%
EPS (diluted)
BBAI
BBAI
UNTY
UNTY
Q4 25
$0.17
$1.52
Q3 25
$-0.03
$1.41
Q2 25
$-0.71
$1.61
Q1 25
$-0.25
$1.13
Q4 24
$-0.47
$1.13
Q3 24
$-0.06
$1.07
Q2 24
$-0.06
$0.92
Q1 24
$-0.68
$0.94

Balance Sheet & Financial Strength

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

Metric
BBAI
BBAI
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$87.1M
Total DebtLower is stronger
$107.0M
Stockholders' EquityBook value
$611.9M
$345.6M
Total Assets
$894.5M
$3.0B
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBAI
BBAI
UNTY
UNTY
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
Q1 24
$81.4M
Total Debt
BBAI
BBAI
UNTY
UNTY
Q4 25
$107.0M
Q3 25
$104.9M
Q2 25
$103.0M
Q1 25
$101.4M
Q4 24
$136.2M
$230.8M
Q3 24
$195.7M
Q2 24
$195.7M
Q1 24
$195.6M
Stockholders' Equity
BBAI
BBAI
UNTY
UNTY
Q4 25
$611.9M
$345.6M
Q3 25
$610.0M
$334.0M
Q2 25
$266.6M
$319.8M
Q1 25
$197.8M
$306.1M
Q4 24
$-3.7M
$295.6M
Q3 24
$127.5M
$284.3M
Q2 24
$134.7M
$273.4M
Q1 24
$143.2M
$266.8M
Total Assets
BBAI
BBAI
UNTY
UNTY
Q4 25
$894.5M
$3.0B
Q3 25
$919.8M
$2.9B
Q2 25
$599.4M
$2.9B
Q1 25
$396.3M
$2.8B
Q4 24
$343.8M
$2.7B
Q3 24
$354.1M
$2.6B
Q2 24
$360.9M
$2.6B
Q1 24
$377.6M
$2.6B
Debt / Equity
BBAI
BBAI
UNTY
UNTY
Q4 25
0.17×
Q3 25
0.17×
Q2 25
0.39×
Q1 25
0.51×
Q4 24
0.78×
Q3 24
1.54×
Q2 24
1.45×
Q1 24
1.37×

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
UNTY
UNTY
Operating Cash FlowLast quarter
$-21.8M
$44.9M
Free Cash FlowOCF − Capex
$-22.1M
$44.3M
FCF MarginFCF / Revenue
-80.9%
125.7%
Capex IntensityCapex / Revenue
0.9%
1.6%
Cash ConversionOCF / Net Profit
2.90×
TTM Free Cash FlowTrailing 4 quarters
$-42.5M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBAI
BBAI
UNTY
UNTY
Q4 25
$-21.8M
$44.9M
Q3 25
$-9.6M
$45.5M
Q2 25
$-3.9M
$-25.3M
Q1 25
$-6.7M
$17.9M
Q4 24
$-14.8M
$48.0M
Q3 24
$-1.9M
$17.7M
Q2 24
$-7.1M
$-8.4M
Q1 24
$-14.4M
$15.8M
Free Cash Flow
BBAI
BBAI
UNTY
UNTY
Q4 25
$-22.1M
$44.3M
Q3 25
$-9.8M
$45.3M
Q2 25
$-3.9M
$-25.5M
Q1 25
$-6.7M
$17.6M
Q4 24
$-15.0M
$47.3M
Q3 24
$-2.0M
$17.5M
Q2 24
$-7.2M
$-8.6M
Q1 24
$-14.4M
$15.7M
FCF Margin
BBAI
BBAI
UNTY
UNTY
Q4 25
-80.9%
125.7%
Q3 25
-29.5%
138.1%
Q2 25
-11.9%
-74.2%
Q1 25
-19.4%
59.9%
Q4 24
-34.2%
166.5%
Q3 24
-4.9%
63.3%
Q2 24
-18.1%
-33.7%
Q1 24
-43.5%
61.4%
Capex Intensity
BBAI
BBAI
UNTY
UNTY
Q4 25
0.9%
1.6%
Q3 25
0.6%
0.7%
Q2 25
0.0%
0.5%
Q1 25
0.2%
1.0%
Q4 24
0.4%
2.4%
Q3 24
0.3%
0.5%
Q2 24
0.3%
0.5%
Q1 24
0.1%
0.3%
Cash Conversion
BBAI
BBAI
UNTY
UNTY
Q4 25
2.90×
Q3 25
-3.80×
3.16×
Q2 25
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
1.62×
Q2 24
-0.89×
Q1 24
1.64×

Financial Flow Comparison

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

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