Curated News
By: NewsRamp Editorial Staff
February 27, 2026
BlackSky Reports Mixed Q4 Results, Sees Strong International Growth
TLDR
- BlackSky's $240M+ new awards and improved gross margin to 72.6% present investment opportunities amid mixed quarterly results.
- BlackSky reported Q4 revenue of $35.2M with adjusted EBITDA of $8.8M, while Mission Solutions grew to $9.5M on new international contracts.
- BlackSky's expanding international contracts and improved efficiency support global monitoring capabilities for environmental and security applications.
- BlackSky's imagery revenue declined 17% year-over-year while their backlog surged to $345M with mostly international Gen-3 contracts.
Impact - Why it Matters
This news matters because it provides investors and stakeholders with critical insights into BlackSky Technology's financial performance and strategic positioning in the competitive space technology sector. The mixed results—with declining imagery revenue but strong growth in mission solutions—highlight how the company is navigating budget uncertainties while capitalizing on international opportunities, particularly in Gen-3 contracts. The improved gross margin and increased adjusted EBITDA suggest effective cost management and operational efficiency, which could signal long-term sustainability. For readers, understanding these dynamics is essential as BlackSky's performance reflects broader trends in defense and commercial space markets, potentially influencing investment decisions and industry outlooks. The company's expanding backlog and international focus may also impact job markets, technological innovation, and global security infrastructure, making this update relevant beyond just financial circles.
Summary
Stonegate Capital Partners has released updated coverage on BlackSky Technology, Inc. (NYSE: BKSY), revealing mixed financial results for the fourth quarter of 2025. The company reported revenue of $35.2 million, adjusted EBITDA of $8.8 million, and earnings per share of ($0.02), with performance varying across different business segments. While Imagery and Software Analytical Services revenue declined by 17% year-over-year to $14.5 million due to budget uncertainties, Mission Solutions revenue surged to $9.5 million from just $1.0 million the previous year, driven by a new international Gen-3 contract and milestone deliveries. Professional and Engineering Services saw a slight decrease to $11.2 million from $11.9 million, attributed to project timing issues.
The financial update highlights several positive developments, including an adjusted EBITDA increase from $7.4 million to $8.8 million and a significant gross margin improvement to 72.6% from 65.3% in the third quarter of 2025. This improvement reflects both higher revenue and disciplined cost management. Key takeaways from the report include over $240 million in new awards that have boosted the company's backlog to $345 million, predominantly from international Gen-3 contracts, and FY26 guidance that suggests continued investment in scaling capacity. For those interested in the complete details, including downloadable images and additional information, they can click here to access the full announcement.
Stonegate Capital Partners, the firm behind this coverage update, is a prominent capital markets advisory firm offering investor relations, equity research, and institutional investor outreach services. Their affiliate, Stonegate Capital Markets, provides comprehensive investment banking services. The news release was distributed through Reportable, Inc., and more information can be found on the Stonegate, Inc. website. This coverage provides crucial insights into BlackSky's financial health and strategic direction, particularly as the company navigates market uncertainties while expanding its international footprint in the Gen-3 sector.
Source Statement
This curated news summary relied on content disributed by Reportable. Read the original source here, BlackSky Reports Mixed Q4 Results, Sees Strong International Growth
