BlackSky Q2 revenue rises 50%, beats analyst estimates
BKSY•Outlook reaffirmed
BlackSky reaffirmed its 2026 revenue guidance of $130 million to $150 million.
The company expects 2026 adjusted EBITDA between $12 million and $24 million and forecasts capital expenditures of $50 million to $60 million.
Key quarterly figures
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $33 million | $30.68 million (10 analysts) |
| Q2 Net Loss | $20.80 million | ||
| Q2 Adjusted EBITDA | $4.70 million | ||
| Q2 Operating Expenses | $32.10 million |
Growth drivers and funding
Revenue growth was primarily driven by accelerating customer adoption of Gen-3 subscription services, the company said.
International revenue rose 200% year over year, reflecting a more diversified customer base.
BlackSky also raised $150 million through an equity offering, strengthening its cash position.
Q2 revenue and profitability
BlackSky's second-quarter revenue grew 50% year over year, beating analyst expectations.
