TKNO vs. BBAI

Last updated Apr 1, 2026

Compare and contrast key facts about Alpha Teknova, Inc. (TKNO) and BigBear.ai Holdings, Inc. (BBAI).

Performance

TKNO vs. BBAI - Performance Comparison

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

TKNO vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TKNO Alpha Teknova, Inc.	-23.95%	-54.49%	123.86%	-33.87%	-72.46%	6.67%
BBAI BigBear.ai Holdings, Inc.	-34.81%	21.35%	107.94%	217.65%	-88.10%	-35.09%

Fundamentals

Market Cap TKNO : $154.74M BBAI : $12.63B
EPS TKNO : -$0.32 BBAI : -$0.20
PS Ratio TKNO : 3.82 BBAI : 40.04
PB Ratio TKNO : 2.25 BBAI : 20.64
Total Revenue (TTM) TKNO : $40.52M BBAI : $127.67M
Gross Profit (TTM) TKNO : $13.44M BBAI : $28.48M
EBITDA (TTM) TKNO : -$12.22M BBAI : -$253.90M

Returns By Period

In the year-to-date period, TKNO achieves a -23.95% return, which is significantly higher than BBAI's -34.81% return.

TKNO

• 1D: 7.84%
• 1M: 12.02%
• YTD: -23.95%
• 6M: -53.31%
• 1Y: -44.32%
• 3Y*: -0.79%
• 5Y*: —
• 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

TKNO vs. BBAI — Risk / Return Rank

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

TKNO

TKNO Risk / Return Rank: 18
TKNO Sharpe Ratio Rank: 16
TKNO Sortino Ratio Rank: 17
TKNO Omega Ratio Rank: 18
TKNO Calmar Ratio Rank: 20
TKNO Martin Ratio Rank: 20

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.

TKNO vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Teknova, Inc. (TKNO) 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.

	TKNO	BBAI	Difference
Sharpe ratio Return per unit of total volatility	-0.58	0.22	-0.81
Sortino ratio Return per unit of downside risk	-0.64	1.24	-1.88
Omega ratio Gain probability vs. loss probability	0.93	1.13	-0.20
Calmar ratio Return relative to maximum drawdown	-0.62	0.24	-0.86
Martin ratio Return relative to average drawdown	-1.15	0.51	-1.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TKNO vs. BBAI - Sharpe Ratio Comparison

The current TKNO Sharpe Ratio is -0.58, which is lower than the BBAI Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of TKNO 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

	TKNO	BBAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	0.22	-0.81
Sharpe Ratio (All Time) Calculated using the full available price history	-0.39	-0.11	-0.28

Correlation

The correlation between TKNO and BBAI is 0.16, 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

TKNO vs. BBAI - Dividend Comparison

Neither TKNO nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TKNO vs. BBAI - Drawdown Comparison

The maximum TKNO drawdown since its inception was -95.71%, roughly equal to the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for TKNO and BBAI.

Drawdown Indicators

	TKNO	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-95.71%	-95.01%	-0.70%
Max Drawdown (1Y) Largest decline over 1 year	-71.81%	-65.88%	-5.93%
Current Drawdown Current decline from peak	-89.67%	-72.26%	-17.41%
Average Drawdown Average peak-to-trough decline	-74.54%	-71.00%	-3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.75%	31.07%	+7.68%

Volatility

TKNO vs. BBAI - Volatility Comparison

Alpha Teknova, Inc. (TKNO) has a higher volatility of 27.69% compared to BigBear.ai Holdings, Inc. (BBAI) at 22.77%. This indicates that TKNO's price experiences larger fluctuations and is considered to be riskier than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TKNO	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.69%	22.77%	+4.92%
Volatility (6M) Calculated over the trailing 6-month period	53.67%	66.27%	-12.60%
Volatility (1Y) Calculated over the trailing 1-year period	76.07%	104.87%	-28.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.69%	178.01%	-84.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.69%	178.01%	-84.32%

Financials

TKNO vs. BBAI - Profitability Comparison

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

TKNO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Alpha Teknova, Inc. reported a gross profit of 3.24M and revenue of 9.98M. Therefore, the gross margin over that period was 32.5%.

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%.

TKNO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Alpha Teknova, Inc. reported an operating income of -4.61M and revenue of 9.98M, resulting in an operating margin of -46.2%.

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%.

TKNO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Alpha Teknova, Inc. reported a net income of -4.76M and revenue of 9.98M, resulting in a net margin of -47.7%.

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%.