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The latest data point for BBAI's EV/EBITDA ratio in Q1'26 stands at -68.96, indicating a sharp deterioration in valuation relative to earnings before interest, taxes, depreciation, and amortization, reflecting potential operational challenges or market pressures. Over the period from Q2'23 to Q1'26, the EV/EBITDA ratio has exhibited a predominantly negative and volatile trend, starting at -6.26 in Q2'23 and worsening to -20.23 by Q4'23 before partially recovering to around -3.36 in Q2'24. Subsequent quarters show fluctuations between -3.36 and -7.05 through Q4'25, with a notable inflection point in Q1'26 where the ratio plummeted to -68.96, underscoring an overall declining pattern amid inconsistent profitability metrics.