The latest data point for BBAI's Operation Income in Q4'25 shows a loss of $87.1M USD, marking a significant deterioration from the previous quarter's $18.9M USD loss in Q3'25. This represents the second-worst quarterly performance in the period, following the $98.0M USD loss in Q1'24. Over the timeframe from Q1'23 to Q4'25, Operation Income has remained consistently negative, with losses fluctuating between $5.9M USD and $98.0M USD, indicating ongoing operational challenges and no periods of profitability. Early quarters showed gradual improvement, narrowing from a $12.0M USD loss in Q1'23 to $8.3M USD in Q4'23, but sharp declines emerged in Q1'24 and Q2'25, driven by spikes in expenses. Year-over-year changes were volatile, with positive growth in Q1'23 (+26.9%), Q2'23 (+81.5%), and Q4'24 (+28.1%), contrasted by steep declines like -715.1% in Q1'24 and -1,363.6% in Q4'25, underscoring inconsistent progress toward breakeven.