8 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 38.2% per year over the past 5 years.
Operating margin has expanded, at -44.0% in the latest year.
Financial health
Total debt ($208M) exceeds cash ($42M); net debt is $165M.
Total debt has grown slower than revenue (15.4% vs 38.2% per year).
Operating income covered interest expense -3.1× in the latest year, up from -8.0× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$107M
-$70M
0.0%
-44.0%
—
$208M
$42M
2024
$102M
-$57M
0.0%
-43.4%
—
$109M
$13M
2023
$94M
-$54M
0.0%
-59.2%
—
$85M
$33M
2022
$65M
-$74M
0.0%
-132.4%
—
$76M
$34M
2021
$34M
-$246M
0.0%
-352.5%
—
$71M
$166M
2020
$21M
-$20M
0.0%
-195.9%
—
$102M
$5M
2019
—
-$7M
—
—
—
—
—
2018
—
-$2177
—
—
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$21M
-$30M
0.0%
-89.2%
—
$209M
$39M
Dec '25
$35M
-$868000
0.0%
-11.8%
—
$208M
$42M
Sep '25
$20M
-$15M
0.0%
-85.8%
—
$202M
$29M
Jun '25
$22M
-$41M
0.0%
-62.8%
—
$123M
$23M
Mar '25
$30M
-$13M
0.0%
-40.5%
—
$117M
$21M
Dec '24
$30M
-$19M
0.0%
-20.0%
—
$109M
$13M
Sep '24
$23M
-$13M
0.0%
-58.7%
—
$99M
$56M
Jun '24
$25M
-$9M
0.0%
-47.0%
—
$109M
$26M
Mar '24
$24M
-$16M
0.0%
-54.7%
—
$85M
$15M
Dec '23
$36M
-$4M
0.0%
-13.1%
—
$85M
$33M
Sep '23
$21M
$675000
0.0%
-68.3%
—
$79M
$32M
Jun '23
$19M
-$33M
0.0%
-103.1%
—
$79M
$41M
Mar '23
$18M
-$17M
0.0%
-91.9%
—
$76M
$57M
Dec '22
$19M
-$15M
0.0%
-94.2%
—
$76M
$34M
Sep '22
$17M
-$13M
0.0%
-114.6%
—
$73M
$37M
Jun '22
$15M
-$26M
0.0%
-143.8%
—
$72M
$65M
Mar '22
$14M
-$20M
0.0%
-195.3%
—
$72M
$136M
Dec '21
$11M
$5M
0.0%
-277.6%
—
$71M
$166M
Sep '21
$8M
-$47M
0.0%
-616.7%
—
$78M
$195M
Jun '21
$7M
-$36M
0.0%
-404.8%
—
—
$26M
Valuation over time
How the market has priced BKSY against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.8× (Mar '23) to 8.5× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is BKSY growing its revenue and profit?
Over the past 5 years, Blacksky Technology Inc.'s revenue has grown 38.2% per year. These are computed facts, not advice.
How much debt does BKSY have?
As of FY2025, Blacksky Technology Inc. reported $208M of total debt against $42M of cash; operating income covered interest expense -3.1×.
What is BKSY's profit margin?
In FY2025, gross margin was —, operating margin -44.0%, and net margin -65.9%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.