BlackSky Technology Inc.

BKSY Industrials Specialty Business Services

BlackSky Technology Inc.’s revenue for fiscal 2025 (year ended December 2025) was $106.6 million, up 4.39% from fiscal 2024. In the quarter to June 2026, revenue grew 50.1%, EPS grew 57.5%, free cash flow grew 36.3% and total debt rose 72.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

17.32 1.13 −6.12%
Market cap
$755.1M
P/E
0.0×
Fwd P/E
−22.3×
Dividend yield
—
F-score
2/9
Altman Z
−1.00
Beneish M
−1.93
Dividend safety
n/a

Insider Decisions trades per month

Total sells 4.56
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — 4 — — — — — 3 — 1 5 —
Insider Ownership 7.66%

Capital & Financial Ratios $m

Market Cap 755.06
Revenue 108.92
Net Income (66.70)
Free Cash Flow (69.56)
Net Debt (33.31)
Current Ratio 5.83 (at or above 1.5: strong)
Debt/Equity 1.00
P/E ratio 0.00
Fwd P/E (22.30) (negative: loss-making)
P/S ratio 6.11
P/B ratio 3.15
Past 5Y EPS Growth —
This Y EPS Growth 26.62% (at or above 15%: strong)
Next Y EPS Growth 69.35% (at or above 15%: strong)
Next Y revenue growth 32.96% (at or above 10%: strong)
Next 5Y EPS Growth 62.15% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 66.42%
10-year low 10-year high
P/B against its own 10 years 53.74%
10-year low 10-year high
EV/Sales against its own 10 years 67.24%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 53 54 126 244
Receivables 7 15 34 28
Inventory — 6 6 6
Other 15 28 29 26
79 107 207 310
2023 2024 2025 Q'26
Payables 22 20 15 14
ST’ Debt — 2 8 12
Other 5 4 37 28
27 26 59 53

Compound Annual Growth %

10y 5y 3y
Sales — 38.21% 17.71%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (8.01%)

Revenue $m

Mar Jun Sep Dec Year
’26 21 33 — — —
’25 30 22 20 35 107
’24 24 25 23 30 102
’23 18 19 21 36 94
’22 14 15 17 19 65
’21 7 7 8 11 34
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (4) — — —
’25 27 (7) (39) (9) (28)
’24 (4) (2) 1 (2) (6)
’23 (17) 1 0 (2) (17)
’22 (13) (15) (12) (5) (44)
’21 (11) (11) (18) (15) (54)
’20 0 0 (27) (4) (32)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (7) — — —
’25 23 (11) (43) (14) (45)
’24 (7) (5) (5) (5) (22)
’23 (19) (5) (4) (5) (33)
’22 (15) (18) (15) (8) (56)
’21 (11) (11) (18) (16) (55)
’20 0 0 (27) (4) (32)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.82) (0.54) — — —
’25 (0.42) (1.27) (0.44) (0.02) (2.09)
’24 (0.88) (0.48) (0.66) (1.01) (2.66)
’23 (1.12) (1.92) 0.04 (0.24) (3.20)
’22 (1.36) (1.76) (0.88) (1.04) (5.04)
’21 (5.57) (5.02) (5.36) (11.17) (27.12)
’20 1.30 (6.61) (3.37) 3.94 (4.73)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — 77.60 72.88 35.60 8.00 8.32 3.86 6.15

Analyst estimates 2026–2028

Powerpack
High — — — 80.88 87.22 139.76 40.08 18.92 14.16 33.20
People
People Employees — — — 5 5 210 259 279 340 321
Revenue/emp, $m — — — 0.00 4.23 0.16 0.25 0.34 0.30 0.33
Income, $m
Income, $m Revenue — — — — 21 34 65 94 102 107
Gross margin, % — — — — (12.92) (1.95) 45.18 64.25 73.13 66.87
EBT — — 0 (7) (48) (244) (75) (53) (57) (70)
EBT margin, % — — 0.00 0.00 (225.79) (715.84) (114.58) (56.29) (55.68) (65.81)
Net income — 0 0 (7) (20) (246) (74) (54) (57) (70)
Depreciation — — 0 — 11 16 39 52 53 35
Per share, $
Per share, $ Revenue — — 0.00 0.00 5.12 3.76 4.44 5.58 4.76 3.17
Earnings — — 0.00 (1.60) (0.30) (29.22) (5.04) (3.20) (2.66) (2.09)
Cash flow — — 0.00 (0.06) (7.68) (5.95) (3.02) (1.03) (0.30) (0.84)
Capex — — 0.00 0.00 (0.07) (0.14) (0.79) (0.90) (0.73) (0.48)
Free cash flow — — 0.00 (0.06) (7.74) (6.09) (3.81) (1.93) (1.03) (1.33)
Book value — — 0.00 1.11 (7.95) 19.83 8.28 5.50 4.38 2.83
Shares, m — — 40 4 4 9 15 17 21 34
Valuation, ×
Valuation, × P/E — — — — 0.00 0.00 0.00 0.00 0.00 0.00
P/S — — — — 0.00 9.55 2.78 1.98 2.27 5.91
P/B — — — — 0.00 1.81 1.49 2.01 2.46 6.64
EV/Sales — — — — 0.00 6.71 2.80 2.30 2.79 6.62
EV/FCF — — — — (13.79) (4.15) (3.25) (6.65) (12.93) (15.84)
Cash, $m
Cash, $m Operating cash flow — — 0 0 (32) (54) (44) (17) (6) (28)
Capex — — 0 — 0 (1) (12) (15) (16) (16)
Free cash flow — — 0 0 (32) (55) (56) (33) (22) (45)
Balance, $m
Balance, $m Working capital — — 0 1 (37) 148 62 52 81 147
Total debt — — 0 — 102 71 77 84 108 201
Net debt — — 0 (1) 91 (97) 2 30 54 76
Shareholders’ equity — — 0 5 (33) 180 122 93 94 95
Returns, %
Returns, % ROA — — (2.05) (4.53) (8.92) (115.41) (27.48) (23.51) (23.93) (21.94)
ROIC — — 0.00 (4.22) (44.44) (90.50) (43.76) (28.32) (18.72) (17.20)
ROE — — 0.00 (287.08) 140.47 (334.65) (49.20) (50.09) (61.15) (74.41)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

BlackSky Technology Inc. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LZ LegalZoom.com, Inc. $1.1B 62.9× 21.0× +6.64% (above 0%: growing) n/m +6.58% (above 0%: growing) 68.16% 5.19% Compare
BV BrightView Holdings, Inc. $975.1M — (loss-making) 36.5× +1.31% (above 0%: growing) n/m +69.17% (above 0%: growing) 21.17% 4.50% Compare
RHLD Resolute Holdings Management, Inc. $921.6M 20.6× — +295.65% (above 0%: growing) n/m +64.98% (above 0%: growing) 34.87% 7.44% Compare
KODK Eastman Kodak Company $878.2M — (loss-making) 19.1× +18.25% (above 0%: growing) n/m +100.00% (above 0%: growing) 26.37% 4.82% Compare
BUUU BUUU Group Limited $819.7M — — — — +124.80% (above 0%: growing) — — Compare
TRNS Transcat, Inc. $773.2M 217× 195× +21.62% (above 0%: growing) −60.00% (below 0%: shrinking) +595.90% (above 0%: growing) 33.07% 4.00% Compare
BKSY BlackSky Technology Inc. $755.1M — (loss-making) — (loss-making) +50.08% (above 0%: growing) n/m +36.34% (above 0%: growing) 79.00% (23.41%)
CASS Cass Information Systems, Inc $695.3M 19.3× 15.8× +12.24% (above 0%: growing) +23.88% (above 0%: growing) +625.84% (above 0%: growing) 92.56% 0.00% Compare
QUAD Quad Graphics, Inc $488.7M 14.5× 8.1× +0.98% (above 0%: growing) n/m +3.54% (above 0%: growing) 21.02% 2.58% Compare
Median of peers $848.9M 20.6× 20.1× +12.24% — +84.59% 33.07% 4.50%

All 44 Specialty Business Services stocks →

BlackSky Technology Inc. (BKSY) key facts

  • Strength: BlackSky Technology Inc.’s revenue for fiscal 2025 (year ended December 2025) was $106.6 million, up 4.39% from fiscal 2024.
  • BlackSky Technology Inc. (BKSY) is a Specialty Business Services company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, BKSY traded at $17.32, a market capitalization of $755.1 million.
  • Return on equity was −74.4% and debt-to-equity 1.00.
  • Its Piotroski F-score is 2 out of 9 and its Altman Z-score is −1.00 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

BlackSky Technology Inc. (BKSY) Latest News

5 Oct

13 Aug

Impact 3 · transcript

5 Aug

stockrow.com/BKSY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com