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BigBear.ai vs. Innodata: What 2026 Revenue Trends Tell Investors

By Freedom251 Team · · 1 min read

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In the quarter ended June 30, 2026, Innodata reported $92.1 million in revenue, up 58% year over year, while BigBear.ai reported $36.7 million, up 13%. Innodata was both larger and faster-growing in the latest comparable quarter. Across the first half of 2026, BigBear.ai revenue rose 5.9% year over year; Innodata’s increased about 56%, calculated from reported totals. Those figures describe revenue—not profit, cash generation, or stock value—and the companies’ different customer and contract dynamics matter when judging how repeatable the growth may be.

BigBear.ai vs. Innodata: the latest quarterly revenue comparison

Both companies reported higher revenue in Q2 2026 than in Q2 2025 and higher revenue sequentially than in Q1 2026. The year-over-year comparison shows a much wider gap in growth than the sequential change does.

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Measure BigBear.ai Innodata
Q1 2026 revenue $34.4 million $90.1 million
Q1 year-over-year change About 0.4%, calculated from rounded release figures of $34.4 million and $34.3 million +54%, company-reported
Q2 2026 revenue $36.7 million $92.1 million
Q2 year-over-year change +13%, company-reported +58%, company-reported
First-half 2026 revenue $71.184 million versus $67.229 million in first-half 2025; +5.9% $182.238 million versus $116.737 million in first-half 2025; about +56%, calculated from reported totals

BigBear.ai’s Q2 revenue rose from $32.5 million a year earlier; Innodata’s Q2 growth rate was more than four times BigBear.ai’s. The companies differ substantially in scale, so their dollar growth and percentage growth answer different questions: Innodata generated more revenue, while the percentages show the pace of expansion relative to each company’s prior-year base. BigBear.ai’s Q1 growth percentage is an approximate calculation because the release figures are rounded. BigBear.ai’s Q2 release, its Q2 Form 10-Q, Q1 release, Innodata’s Q2 release, and its Q1 Form 10-Q report these results.

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