Quarterly ResultAug 6, 2026, 04:11 PM
BlackSky Q2 Revenue +50% to $33.3M; Net Loss $(20.8)M; Raised $165M
AI Summary
BlackSky Technology Inc. reported strong financial results for the second quarter ended June 30, 2026, with revenue increasing by 50.08% year-over-year to $33.3 million. The company also significantly reduced its net loss to $(20.8) million, down from $(41.2) million in the prior year quarter. For the six months ended June 30, 2026, BlackSky raised $165.0 million through its at-the-market (ATM) offering programs, selling 4.2 million shares.
Key Highlights
- Q2 2026 Revenue increased 50.08% to $33.3 million.
- Q2 2026 Net Loss significantly reduced by 49.49% to $(20.8) million.
- Diluted Loss Per Share for Q2 2026 was $(0.54), an improvement from $(1.27) YoY.
- Raised $165.0 million through ATM offering programs in H1 2026.
- Total Assets grew 33.86% to $517.0 million as of June 30, 2026.
- Total Stockholders' Equity increased 122.96% to $211.5 million.
- Space-based intelligence & AI services revenue rose to $24.5 million in Q2.
- Mission solutions revenue increased to $5.1 million in Q2.
Price Impact
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