BlackSky reported a decrease in total revenue for Q2 2025 compared to the previous year, primarily due to a decline in professional and engineering services revenue. Despite this, imagery and software analytical services revenue saw a slight increase. The company's net loss widened significantly, largely due to a loss on derivatives. Adjusted EBITDA also saw a decrease, moving from a gain in the prior year to a loss in the current quarter. The company strengthened its balance sheet with a successful $185 million convertible note offering subsequent to the quarter end.

BlackSky Technology Inc. announced strong first-quarter results for 2025, with total revenue increasing by 22% year-over-year to $29.5 million. The company secured over $130 million in new contract bookings, boosting its backlog to $366 million. The first Gen-3 satellite is fully commissioned and exceeding performance expectations, with the second Gen-3 satellite on track for launch in Q2.

BlackSky reported Q4 2024 revenue of $30.37 million, a 14% decrease from the prior year, primarily due to a one-time benefit in Q4 2023. The company posted a net loss of $19.23 million, widening from $3.79 million in Q4 2023. Operating expenses increased slightly due to investments in satellite production. Despite these challenges, BlackSky secured multiple significant contracts, expanding its backlog to $390 million, and remains optimistic about future revenue growth.

BlackSky reported a 6% increase in revenue for Q3 2024, reaching $22.5 million. The company secured new contracts valued up to $780 million year-to-date and is progressing with the launch of its first Gen-3 satellite. They are maintaining full year 2024 revenue guidance of $102 million to $118 million and adjusted EBITDA guidance of $8 million to $16 million.

BlackSky's Q2 2024 total revenue increased by 29% year-over-year to $24.9 million. The company won $40 million in new contracts and renewal agreements. Adjusted EBITDA improved to $2.1 million, compared to a loss of $5.8 million in the same quarter last year. The company maintains its outlook for full year 2024 revenue of between $102 million and $118 million, and full year 2024 Adjusted EBITDA of between $8 million and $16 million.

Blacksky reported a 32% increase in first-quarter revenue compared to the previous year, reaching $24.2 million. The company secured $30 million in new contracts and renewal agreements. Adjusted EBITDA improved to $1.4 million, compared to a loss of $4.1 million in the first quarter of 2023.

BlackSky reported a strong fourth quarter and full year in 2023, with record Q4 revenue up 83% year-over-year and positive Adjusted EBITDA of $9.3 million in Q4. The company secured over $265 million in new multi-year contracts and renewal agreements throughout the year.

BlackSky reported a strong Q3 2023 with a 26% increase in revenue compared to the prior year, reaching $21.3 million. The company also achieved near break-even adjusted EBITDA and improved net income to $0.7 million, driven by increased customer demand and effective cost management. They are narrowing the range of its 2023 revenue outlook to be between $84 million and $90 million.

BlackSky reported a 28% increase in revenue compared to the prior year period, driven by a 51% growth in imagery and software analytical services revenue. The company won over $35 million in new contracts and renewal agreements since the start of Q2, bringing year-to-date bookings to over $200 million. BlackSky is widening its 2023 revenue outlook to between $84 million and $96 million and remains on track to achieve positive adjusted EBITDA in Q4 of this year.

Blacksky reported a 32% increase in revenue to $18.4 million, driven by a 114% increase in imagery and software analytical services revenue. The company's adjusted EBITDA loss improved to $4.1 million, and they reaffirmed their full-year revenue outlook of $90 million to $96 million and are on track to achieve positive Adjusted EBITDA in Q4 2023.

BlackSky reported a 69% increase in revenue for Q4 2022, reaching $19.4 million, driven by strong growth in imagery and software analytical services. The company's adjusted EBITDA loss improved to $4.6 million, and they anticipate achieving positive adjusted EBITDA in Q4 2023. They also announced a new $150+ million multi-year contract.

Blacksky reported a strong Q3 2022 with a 113% increase in revenue year-over-year, reaching $16.9 million. Imagery and software analytical services drove growth, making up 89% of total revenue. The company is optimistic about finishing 2022 strong and expects to reach the upper end of its revenue guidance.

BlackSky reported a strong second quarter in 2022, with revenue reaching an all-time high of $15.1 million, a 105% increase compared to the prior year period. The company won several large multi-year contracts with a total value up to $1.27 billion and raised its full year 2022 revenue outlook.

BlackSky reported a record revenue of $13.9 million for Q1 2022, a 91% increase compared to the prior year period. Imagery and software analytical services revenue grew to 70% of total revenue. The company's adjusted EBITDA loss was $9.5 million, and the cash balance at the end of March 2022 was $138.4 million.

BlackSky reported a 79% increase in revenue for Q4 2021, reaching $11.5 million, driven by increased customer demand and new contracts. The company launched six satellites, expanded its customer base, and improved its platform capabilities. However, the operating loss was $31.9 million, and the adjusted EBITDA loss was $14.4 million.

BlackSky Technology Inc. reported a 49% increase in revenue for the third quarter of 2021, reaching $7.9 million. The company's net loss was $46.9 million, and adjusted EBITDA loss was $16.2 million. BlackSky revised its 2021 revenue forecast to $30 to $34 million due to timing of new contract start dates and supply chain impacts.