---
schema_version: "secwatch.filing_event.v1"
accession: "0001753539-26-000057"
form_type: "8-K"
ticker: "BKSY"
cik: "0001753539"
company_name: "BlackSky Technology Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:55:14.106328+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BlackSky Q1 revenue $20.8M, net loss $29.7M; raises FY guidance on $160M in new contracts

## Summary
- Space-based intelligence & AI services revenue grew 14% sequentially; total revenue $20.8M vs $29.5M YoY (prior year had $9M one-time milestone).
- New contract wins valued up to $160M, including $99M AFRL payload IDIQ and $30M annual international defense subscription.
- Cash and short-term investments $117.5M; capital expenditures $15.8M in Q1.
- Adjusted EBITDA loss $5.1M, widening from $0.6M loss YoY on the one-time revenue benefit.
- Company raised full-year 2026 guidance citing strong sales performance and Gen-3 demand.

## SEC filing metadata
- accession: 0001753539-26-000057
- form_type: 8-K
- ticker: BKSY
- cik: 0001753539
- company_name: BlackSky Technology Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1753539/000175353926000057/0001753539-26-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1753539/000175353926000057/bksy-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753539-26-000057
- JSON: https://secwatch.observer/filing/0001753539-26-000057.json
- Plain text: https://secwatch.observer/filing/0001753539-26-000057.txt

## Source-grounded claims
- claim_id: 7b383ba13d0aa18f311a917f03763a283ed8d7c9
  claim: BlackSky Technology Inc. reported the first quarter ended March 31, 2026 results: revenue $20.8 million, net income Net loss for the first quarter of 2026 was $29.7 million. Guidance raised.
  evidence_excerpt: rapidly entered commercial operations in less than one week • Next Gen-3 satellite ready to be shipped Financial Results Revenues Total revenue for the first quarter of 2026 was $20.8 million, compared to $29.5 million in the first quarter of 2025. The difference reflects the benefit in the first quarter of 2025 of $9.0 million related to a program milestone of a new
  evidence_url: https://www.sec.gov/Archives/edgar/data/1753539/000175353926000057/0001753539-26-000057-index.htm

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