Earnings ·
BlackSky reports Q3 revenue of $43 million and raises full-year outlook to $140M-$150M
BKSYBlackSky Technology Inc.
BlackSky Technology Inc. reported record third-quarter revenue of $42.8 million, an 118% increase from the prior year period, driven by strong demand for its Gen-3 space-based intelligence and AI services which generated $32.7 million in sales. The company posted net income of $18.5 million compared to a net loss of $15.3 million in the previous year, alongside record adjusted EBITDA of $12.8 million. Management raised its full-year 2026 revenue guidance to between $140 million and $150 million and adjusted EBITDA guidance to between $18 million and $24 million, citing accelerating customer adoption and margin expansion. BlackSky operates in the space-based intelligence industry, providing real-time imagery, analytics, and monitoring services to government and commercial clients.