earnings
confidence high
sentiment neutral
materiality 0.70
BlackSky Q4 revenue $35.2M, net loss narrows to $0.9M; corrects prior balance sheet errors
BlackSky Technology Inc.
- Q4 revenue $35.2M (+16% YoY); net loss narrowed to $0.9M from $19.4M.
- Full year 2025 revenue record $106.6M; net loss $70.3M vs $57.2M in 2024.
- Adjusted EBITDA Q4 $8.8M ($0.9M full year vs $11.6M in 2024).
- Backlog grew 32% to $345M; 2026 revenue guidance $120M-$145M.
- Corrected balance sheet: AR $34.1M (was $37.6M); contract assets $28.6M (was $26.1M).