---
schema_version: "secwatch.filing_event.v1"
accession: "0001753539-23-000035"
form_type: "8-K"
ticker: "BKSY"
cik: "0001753539"
company_name: "BlackSky Technology Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:44:40.923583+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BlackSky Q1 rev up 32% to $18.4M; imagery/analytics rev surges 114% YoY

## Summary
- Revenue $18.4M (+32% YoY); imagery & software analytical services revenue $15.8M (+114% YoY).
- Net loss $17.3M improved from $20.0M loss; adj EBITDA loss $4.1M vs $9.5M loss a year ago.
- Debt facility amended; maturity extended to Oct 2026; cash interest payments reduced for next 2 years.
- Launched 2 Gen-2 satellites on Mar 24; revenue-generating operations began within 18 hours.
- FY2023 guidance reaffirmed: rev $90-96M; positive adj EBITDA target in Q4; capex $40-45M.

## SEC filing metadata
- accession: 0001753539-23-000035
- form_type: 8-K
- ticker: BKSY
- cik: 0001753539
- company_name: BlackSky Technology Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1753539/000175353923000035/0001753539-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1753539/000175353923000035/bksy-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753539-23-000035
- JSON: https://secwatch.observer/filing/0001753539-23-000035.json
- Plain text: https://secwatch.observer/filing/0001753539-23-000035.txt

## Key facts
- Earnings Releases
  BlackSky Technology Inc. reported full year 2023 results: revenue $90 million to $96 million. Guidance reaffirmed.
  - Period: full year 2023
  - Revenue: $90 million to $96 million
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company maintains its full year 2023 revenue outlook of between $90 million and $96 million, a 42% increase over 2022 revenue at the mid-point of this range.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1753539/000175353923000035/0001753539-23-000035-index.htm
- Earnings Releases
  BlackSky Technology Inc. reported first quarter ended March 31, 2023 results: revenue $18.4 million, net income $17.3 million net loss.
  - Period: first quarter ended March 31, 2023
  - Revenue: $18.4 million
  - Net income: $17.3 million net loss
  - Result: reported results
  source text: Total revenue for the first quarter of 2023 was $18.4 million, up $4.5 million, or 32%, from the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1753539/000175353923000035/0001753539-23-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.