BlackSky reports Q4 EPS (2c), consensus (28c)

Reports Q4 revenue $35.21M, consensus $37.13M. Reports backlog of $345M, up 32%. “Growing demand and new Gen-3 contract awards drove a strong Q4 and delivered a second consecutive year of positive adjusted EBITDA,” said Brian O’Toole, BlackSky (BKSY) CEO. “With the exceptional performance of Gen-3, we’re converting early customer pilots into long-term subscription contracts worldwide. Significant international demand drove the majority of our backlog growth and is further diversifying our customer base. We enter 2026 with strong momentum and look forward to continuing our Gen-3 deployments throughout the year to meet our customers’ mission-critical requirements.”