BlackSky Reports Record Q3 2026 Revenue Growth and Raises Full-Year Guidance
BlackSky Technology Inc. (BKSY) delivered a standout third quarter for fiscal year 2026, reporting total revenue of $42.8 million, a 118% increase year-over-year. The company achieved profitability with a net income of $18.5 million and an adjusted EBITDA of $12.8 million, representing a significant turnaround from the losses reported in the same period last year. Growth was primarily driven by Space-Based Intelligence & AI Services, which saw revenue rise 107% due to increased Gen-3 satellite utilization and subscription adoption. Following these strong results, BlackSky raised its full-year revenue guidance to a range of $140 million to $150 million. The company maintains a robust backlog of $355 million and a healthy cash position of $231 million to support ongoing satellite deployments and international government initiatives.
Topics: AI services EBITDA margin guidance revision revenue growth space-based intelligence