For Q1 FY2026 ended March 31, 2026, BlackSky Technology reported revenue of $20.8 million, down 29.7% year-over-year. Net loss widened to $29.7 million from $12.8 million a year ago, and diluted EPS was -$0.82 versus -$0.42. Operating loss increased 54.7% to $18.5 million. The company had $39.4 million in cash, $80.8 million in equity, and $202.7 million in long-term debt.
•Revenue fell 29.7% YoY to $20.8 million.
•Net loss deepened to $29.7 million from $12.8 million.
•Diluted EPS worsened to -$0.82 from -$0.42.
•Long-term debt stood at $202.7 million with cash of $39.4 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
BlackSky Technology is a space-based technology company in the United States and globally. It also provides BlackSky Spectra, an AI-enabled software platform that processes a range of observations by integrating data from the company's proprietary satellite constellation and from other third-party sensors, such as synthetic aperture radar and radio frequency satellites, GPS-enabled terrestrial data sources, and Internet of Things-connected devices
A range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which help detect key pattern of life changes in critical locations including ports, airports, and construction sites.
Its portfolio also includes retail activity, commodities stockpiles, and sites that contain critical commodities and supply chain inventory. It also develops and delivers customized advanced satellites and payload systems.
The company's products and services are used in national security, supply chain resilience, economic intelligence, and critical decision-making requirements. The company serves the United States federal government and its agencies. Its portfolio also includes international governments, agencies, and organizations, and the commercial and industrial infrastructure markets
Including energy and utilities, insurance, commodities, mining, manufacturing, logistics, supply chain management, agriculture, environmental monitoring, disaster and risk management, engineering and construction, retail, and consumer behavior.
The company offers space-based intelligence and artificial intelligence (AI) services, mission solutions, and advanced technology programs consisting of cloud computing and hosting services, direct materials to build and test specific components, and internal labor for service solutions that enhance customer adoption and operational integration of the company's technology. Founded in 2014, BlackSky Technology is headquartered in Herndon, Virginia.
BlackSky Technology Inc. is a space-based technology company that provides real-time geospatial intelligence and monitoring services. It operates a proprietary satellite constellation and offers an AI-enabled software platform called BlackSky Spectra. This platform integrates data from its own satellites as well as third-party sensors, including synthetic aperture radar, radio frequency satellites, GPS-enabled terrestrial sources, and IoT-connected devices. The company's services include object, change, and anomaly detection, site monitoring, and enhanced analytics. These capabilities help detect key pattern-of-life changes at critical locations such as ports, airports, and construction sites. BlackSky also monitors retail activity, commodities stockpiles, and supply chain inventory. Additionally, it develops and delivers customized advanced satellites and payload systems for clients.
On which stock exchange is BlackSky Technology (BKSY) listed and what currency is used?
BlackSky Technology Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol BKSY. The trading currency for its shares is the US Dollar (USD). As a US-based company, it operates in the United States and globally, and its stock is traded in the primary currency of the US financial markets.
What sector and industry does BlackSky Technology (BKSY) belong to?
BlackSky Technology Inc. is classified under the Industrials sector and the Specialty Business Services industry. This classification reflects its focus on providing specialized services—specifically space-based intelligence and monitoring—to a diverse range of clients. As a specialty business services company, BlackSky offers unique data and analytics solutions that support decision-making in areas such as national security, supply chain resilience, and economic intelligence. Its services are tailored to meet the needs of government agencies, commercial enterprises, and international organizations, distinguishing it from broader industrial or technology companies.
Who are the main customers and markets served by BlackSky Technology (BKSY)?
BlackSky Technology serves a wide range of customers, with the United States federal government and its agencies being a primary client base. It also works with international governments, agencies, and organizations. On the commercial side, BlackSky targets industries such as energy and utilities, insurance, commodities, mining, manufacturing, logistics, supply chain management, agriculture, environmental monitoring, disaster and risk management, engineering and construction, retail, and consumer behavior analysis. The company's products and services are used for national security, supply chain resilience, economic intelligence, and critical decision-making. Geographically, BlackSky operates in the United States and globally, providing space-based intelligence and artificial intelligence-driven analytics to support monitoring and analysis of key infrastructure and economic activities worldwide.
How does BlackSky Technology (BKSY) generate revenue through its business model?
BlackSky Technology generates revenue by offering space-based intelligence and monitoring services through its proprietary satellite constellation and the BlackSky Spectra AI platform. It sells subscriptions and services that provide real-time data and analytics for object detection, change monitoring, and site surveillance. Clients pay for access to the platform and for customized analytics reports. Additionally, BlackSky develops and delivers customized advanced satellites and payload systems, which likely involve contract-based revenue from government and commercial clients. The company also integrates third-party sensor data, adding value through its AI processing capabilities. Its diverse customer base—including US federal agencies, international governments, and commercial sectors like energy, logistics, and retail—provides multiple revenue streams. By addressing critical needs in national security, supply chain management, and economic intelligence, BlackSky positions itself as a key provider of actionable geospatial insights.