PLTR vs. BBAI

Last updated Apr 1, 2026

Compare and contrast key facts about Palantir Technologies Inc. (PLTR) and BigBear.ai Holdings, Inc. (BBAI).

Performance

PLTR vs. BBAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palantir Technologies Inc. (PLTR) and BigBear.ai Holdings, Inc. (BBAI). The values are adjusted to include any dividend payments, if applicable.

PLTR vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PLTR Palantir Technologies Inc.	-17.70%	135.03%	340.48%	167.45%	-64.74%	-4.46%
BBAI BigBear.ai Holdings, Inc.	-34.81%	21.35%	107.94%	217.65%	-88.10%	-35.09%

Fundamentals

Market Cap PLTR : $376.45B BBAI : $12.63B
EPS PLTR : $0.63 BBAI : -$0.20
PS Ratio PLTR : 83.88 BBAI : 40.04
PB Ratio PLTR : 50.96 BBAI : 20.64
Total Revenue (TTM) PLTR : $4.48B BBAI : $127.67M
Gross Profit (TTM) PLTR : $3.69B BBAI : $28.48M
EBITDA (TTM) PLTR : $1.52B BBAI : -$253.90M

Returns By Period

In the year-to-date period, PLTR achieves a -17.70% return, which is significantly higher than BBAI's -34.81% return.

PLTR

• 1D: 6.35%
• 1M: 6.63%
• YTD: -17.70%
• 6M: -19.81%
• 1Y: 73.32%
• 3Y*: 158.69%
• 5Y*: 44.69%
• 10Y*: —

BBAI

• 1D: 15.79%
• 1M: -11.11%
• YTD: -34.81%
• 6M: -46.01%
• 1Y: 23.08%
• 3Y*: 12.99%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PLTR vs. BBAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLTR

PLTR Risk / Return Rank: 77
PLTR Sharpe Ratio Rank: 81
PLTR Sortino Ratio Rank: 76
PLTR Omega Ratio Rank: 75
PLTR Calmar Ratio Rank: 76
PLTR Martin Ratio Rank: 76

BBAI

BBAI Risk / Return Rank: 53
BBAI Sharpe Ratio Rank: 50
BBAI Sortino Ratio Rank: 63
BBAI Omega Ratio Rank: 55
BBAI Calmar Ratio Rank: 48
BBAI Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLTR vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and BigBear.ai Holdings, Inc. (BBAI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PLTR	BBAI	Difference
Sharpe ratio Return per unit of total volatility	1.28	0.22	+1.06
Sortino ratio Return per unit of downside risk	1.85	1.24	+0.60
Omega ratio Gain probability vs. loss probability	1.24	1.13	+0.12
Calmar ratio Return relative to maximum drawdown	1.86	0.24	+1.62
Martin ratio Return relative to average drawdown	4.55	0.51	+4.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLTR vs. BBAI - Sharpe Ratio Comparison

The current PLTR Sharpe Ratio is 1.28, which is higher than the BBAI Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of PLTR and BBAI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PLTR	BBAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	0.22	+1.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	-0.11	+1.03

Correlation

The correlation between PLTR and BBAI is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PLTR vs. BBAI - Dividend Comparison

Neither PLTR nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PLTR vs. BBAI - Drawdown Comparison

The maximum PLTR drawdown since its inception was -84.62%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for PLTR and BBAI.

Drawdown Indicators

	PLTR	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-84.62%	-95.01%	+10.39%
Max Drawdown (1Y) Largest decline over 1 year	-37.81%	-65.88%	+28.07%
Max Drawdown (5Y) Largest decline over 5 years	-79.14%	—	—
Current Drawdown Current decline from peak	-29.39%	-72.26%	+42.87%
Average Drawdown Average peak-to-trough decline	-40.57%	-71.00%	+30.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.48%	31.07%	-15.59%

Volatility

PLTR vs. BBAI - Volatility Comparison

The current volatility for Palantir Technologies Inc. (PLTR) is 14.75%, while BigBear.ai Holdings, Inc. (BBAI) has a volatility of 22.77%. This indicates that PLTR experiences smaller price fluctuations and is considered to be less risky than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTR	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.75%	22.77%	-8.02%
Volatility (6M) Calculated over the trailing 6-month period	37.73%	66.27%	-28.54%
Volatility (1Y) Calculated over the trailing 1-year period	57.68%	104.87%	-47.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.50%	178.01%	-112.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.22%	178.01%	-107.79%

Financials

PLTR vs. BBAI - Profitability Comparison

The chart below illustrates the profitability comparison between Palantir Technologies Inc. and BigBear.ai Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PLTR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Palantir Technologies Inc. reported a gross profit of 1.19B and revenue of 1.41B. Therefore, the gross margin over that period was 84.7%.

BBAI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, BigBear.ai Holdings, Inc. reported a gross profit of 5.55M and revenue of 27.30M. Therefore, the gross margin over that period was 20.3%.

PLTR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Palantir Technologies Inc. reported an operating income of 575.39M and revenue of 1.41B, resulting in an operating margin of 40.9%.

BBAI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, BigBear.ai Holdings, Inc. reported an operating income of -24.27M and revenue of 27.30M, resulting in an operating margin of -88.9%.

PLTR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Palantir Technologies Inc. reported a net income of 608.68M and revenue of 1.41B, resulting in a net margin of 43.3%.

BBAI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, BigBear.ai Holdings, Inc. reported a net income of -5.83M and revenue of 27.30M, resulting in a net margin of -21.4%.