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MARKETS / NYSE / BKSY
NYSE · RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT · SMALL CAP

BlackSky Technology Inc. BKSY

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$106.6M
▲ 4.4% YoY
$-70.3M
In brief

What this company does

BlackSky Technology Inc. designs, develops and operates a constellation of proprietary high-resolution, high-revisit small satellites and sells custom-built satellites. Customers access these capabilities through the company's BlackSky Spectra platform, a commercial tasking, analytics, and multi-intelligence data-fusion software system that lets customers monitor activity from space. As of December 31, 2025, it had 321 employees. It delivers its offerings through three primary products and services: space-based intelligence and AI services, Mission Solutions, and advanced technology programs. Its space-based intelligence and AI services consist of subscription-based On-Demand and Assured product offerings featuring high-resolution imagery, AI-generated analytics, and third-party data. Its Mission Solutions provide government customers with a pathway to customized sovereign space-based intelligence capabilities, including the development, launch and operation of their own satellite programs. Its advanced technology programs let customers conduct research and development using components of the company's space-to-ground system or integrate its intelligence products into their operational workflows. BlackSky Technology Inc. traces to the September 9, 2021 merger of its predecessor, Osprey Technology Acquisition Corp., with a subsidiary of Osprey and BlackSky Holdings, Inc., after which Osprey changed its name to BlackSky Technology Inc.

Written from the business description in BlackSky Technology Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 March 2026. Every sentence was checked against that document before publication.

Growth
USD 106.6M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 106.6 · Net income -70.3
40M80M-100M-200M20182019202020212022202320242025
Compound annual growth
+17.7%
+38.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +38.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−66 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -44.0% · Net -65.9%
-200%-400%-600%20182019202020212022202320242025
ROE
FY2025 · ROE -74.4%
-100%-200%-300%20182019202020212022202320242025

Each USD of equity lost 74 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 386.2M
EquityUSD 94.9M
CashUSD 42.4M
Gross debtUSD 201.1M
Net debtUSD 158.7M
Current ratio3.48×

Net debt stands at 167% of equity.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B0.10.10.10.10.00.0··
Operating income $B−0.0−0.0−0.1−0.1−0.1−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.1−0.1−0.0··
Income tax $B0.00.00.00.00.00.00.0·
Net income $B−0.1−0.1−0.1−0.1−0.2−0.0−0.0−0.0
EPS, diluted $−2.09−2.67−3.18−0.63−3.39−0.60−0.980.00
Dividend / sh $········
Payout %········
ROE %−74.4−61.1−50.1−49.2−334.6··−9.5
Shares out B0.040.030.020.120.110.030.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 31 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 45 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityRadio & Tv Broadcasting & Communications Equipment
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2018

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