BigBear.ai Announces Third Quarter 2025 Results and Definitive Agreement to Acquire Ask Sage

BigBear.ai signed a definitive agreement to acquire Ask Sage, a rapidly growing generative-AI platform focused on secure distribution of AI models and agentic capabilities for defense, national security, and other regulated sectors. The all-in consideration is stated at $250 million, subject to typical adjustments. Ask Sage is expected to generate about $25 million of ARR in 2025 and is already deployed to more than 100,000 users across thousands of government teams and commercial customers. BigBear.ai said integrating Ask Sage will create a secure, integrated AI platform that unifies software, data, and mission services. The company reiterated full‑year 2025 revenue guidance of $125–$140 million and noted a strong cash position. The acquisition is expected to close in late Q4 2025 or early Q1 2026, pending approvals.