BlackSky Technology (BKSY)
NYSE:BKSY
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.39Last Year’s EPS
-0.42Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed clear operational and commercial momentum driven by validated Gen-3 satellite performance, strong international bookings and materially improved liquidity. Management provided a growth-oriented 2026 guide (revenues $120M–$145M, adjusted EBITDA $6M–$18M) while acknowledging lumpy revenue recognition, prior production testing delays, rising operating expenses (partly acquisition-driven) and continued government funding uncertainty. Overall, positives around product validation, backlog, bookings and balance sheet strength outweigh the execution and timing risks discussed.Company Guidance
Near-Record Q4 Revenue and Yearly Growth
Q4 2025 revenue of $35.2M (a 16% year-over-year increase) drove full-year revenue to $106.6M, demonstrating sequential momentum and commercial monetization of Gen-3 capabilities.
Strong Contract Bookings and Backlog
Secured $240M in contract bookings in 2025, growing backlog to $345M (with nearly $75M expected to convert in 2026), providing multi-year revenue visibility.
Gen-3 Satellite Operational Success and Rapid Commercial Adoption
Launched and commissioned 3 Gen-3 satellites in 2025; the final Gen-3 delivered high-resolution imagery within 12 hours of launch and entered commercial operations in 3 weeks. Gen-3 delivers 35-centimeter imaging performance, accelerating pilot conversions to long-term subscriptions and supporting a production pipeline (targeting 8–9 Gen-3s on orbit by end-2026).
Improved Profitability Metrics (Adjusted EBITDA)
Q4 adjusted EBITDA was $8.8M (up 20% year-over-year) and the company delivered a second consecutive year of positive adjusted EBITDA at $0.9M for 2025, indicating operating leverage as revenue scales.
Significantly Strengthened Balance Sheet and Liquidity
Ended Q4 with $125.6M cash, restricted cash and short-term investments (more than double the prior-year balance of $53.8M) and total liquidity exceeding $225M — an ~84% increase versus 2024. Also secured $37.4M in available launch financing.
Rapid International Revenue Expansion
International revenues grew over 50% year-over-year and now represent more than half of total revenues; secured multiple multiyear international and sovereign mission contracts (including an announced 8-figure deal).
BKSY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BKSY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $20.19 | $19.99 | -0.99% |
Nov 06, 2025 | $18.78 | $16.63 | -11.45% |
Aug 07, 2025 | $18.30 | $17.21 | -5.96% |
May 08, 2025 | $8.74 | $11.45 | +31.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BlackSky Technology (BKSY) report earnings?
BlackSky Technology (BKSY) is schdueled to report earning on May 13, 2026, Before Open (Confirmed).
What is BlackSky Technology (BKSY) earnings time?
BlackSky Technology (BKSY) earnings time is at May 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BKSY EPS forecast?
BKSY EPS forecast for the fiscal quarter 2026 (Q1) is -0.39.