BlackSky Q3 net loss $15.3M on $19.6M revenue; contract awards exceed $60M, cash at $147.6M

BlackSky Technology Inc.

2025-Q3 EPS reported -$2.11 revenue$71,361,000

Total revenue $19.6M; net loss $15.3M vs $12.6M in Q3 2024; adjusted EBITDA loss $4.5M vs +$0.7M
Backlog $322.7M, ~91% international; won over $60M in new contracts including $30M multi-year international defense deal
Cash and equivalents $147.6M, up from prior period; includes $65.9M from convertible notes and $10.8M from warrant exercises
Next Gen-3 satellite at launch site; launch expected in coming weeks; company maintains 2025 outlook

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