Filing Flows › BlackSky Technology (BKSY) › Q3 2026
BlackSky Technology (BKSY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
BlackSky Technology (BKSY) reported revenue of $42.8M for the third quarter 2026 (Q3 2026), +118% from a year earlier and +29% from the quarter before. Operating margin was 0.9%, net earnings $18.5M (43.2% of revenue).
BlackSky Technology, Q3 2026: revenue $42.8M (+118% year over year), operating margin 0.9%, net earnings $18.5M, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.8M | +29% | +118% |
| Operating profit | $405K | — | — |
| Net earnings | $18.5M | — | — |
| Operating cash flow | $3.6M | — | — |
| Free cash flow | $67K | — | — |
What changed
Revenue was $42.8M in Q3 2026, up 118% year over year and up 29% from the previous quarter. Space-based intelligence & AI services was the largest line at 76% of revenue. Space-based intelligence & AI services added $17.0M year over year (up 107%), 73% of the total change.
Operating profit was $405K, a 0.9% margin (up 86.7 points year over year). Total costs grew 16% against revenue growth of 118%. The fastest-growing cost line was Research & development (+1433%). Net earnings were $18.5M. The effective tax rate was 0.0%. Non-operating items added $18.1M, 98% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.6M, 19% of net earnings. Non-cash charges added back $7.5M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $27.2M. Capital expenditures of $3.5M left free cash flow of $67K.
Questions
What was BlackSky Technology's revenue in the third quarter 2026?
BlackSky Technology (BKSY) reported revenue of $42.8M for the third quarter 2026 (Q3 2026), +118% from a year earlier and +29% from the quarter before.
Was BlackSky Technology profitable in the third quarter 2026?
Operating profit was $405K (0.9% of revenue) and net earnings $18.5M.