secwatch.observer — SEC 8-K summary
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Issuer:     BlackSky Technology Inc. (BKSY)
CIK:        0001753539
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001753539-26-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackSky reports record Q4 revenue $35.2M; backlog up 32% to $345M; 2026 revenue guidance $120-145M
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- Q4 revenue $35.2M (+16% YoY); full year revenue $106.6M, a record.
- Q4 net loss narrowed to $0.9M from $19.4M; adjusted EBITDA $8.8M vs $7.4M.
- Backlog $345M (+32% YoY) with $240M in new bookings driven by Gen-3 contracts.
- Cash $125.6M at year-end; capex $46.6M in 2025.
- 2026 guidance: revenue $120-145M, adj EBITDA $6-18M, capex $50-60M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753539/000175353926000009/0001753539-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753539/000175353926000009/bksy-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001753539-26-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer