earnings
confidence high
sentiment positive
materiality 0.80
BlackSky Q2 revenue up 50% to $33.3M; record space-based intelligence revenue of $25M
BlackSky Technology Inc.
- Total revenue $33.3M (+50% YoY); space-based intelligence & AI services revenue $25M (record).
- Adjusted EBITDA $4.7M (14.2% margin) vs -$2.8M prior year; net loss improved to $20.8M from $41.2M.
- Cash balance $244.1M after raising $150M via ATM equity issuance of 3.6M shares.
- Awarded eight-figure NRO contract for AROS digital mapping system; multiple seven-figure renewals with NGA Luno program.
- Next two Gen-3 satellites expected to launch in Q3 2026.