BlackSky swings to Q3 net income of $18.52 million as revenue more than doubles
BKSY•BlackSky Technology reported third-quarter 2026 net income of $18.52 million, compared with a year-earlier net loss of $15.34 million, as revenue more than doubled to $42.84 million. It raised full-year revenue guidance to $140 million–$150 million and was named exclusive optical satellite provider for a consortium’s initial 50-satellite constellation.
1. Quarterly results and outlook
BlackSky Technology swung to third-quarter 2026 net income of $18.52 million from a net loss of $15.34 million a year earlier. Revenue more than doubled year over year to $42.84 million, driven primarily by accelerating customer demand for Gen-3. Following the quarter’s performance, the company raised its full-year 2026 revenue guidance to $140 million–$150 million.
2. Satellite consortium role
BlackSky was named exclusive optical satellite provider under a $1 billion consortium investment for an initial constellation of 50 satellites.
