BlackSky's second quarter revenue grew 50% to $33.3M, beating estimates, while reaffirming its full-year 2026 outlook.

BlackSky reported second quarter revenue of $33.3 million, a 50% increase year-over-year, exceeding analyst expectations. The company posted a net loss per share of $0.54. Management reaffirmed its full-year 2026 revenue and Adjusted EBITDA guidance, signaling confidence in continued business momentum.

Key Highlights

• Total revenue increased 50% year-over-year to $33.3 million, beating the $29.93 million consensus estimate, driven by strong demand for its Gen-3 satellite services.
• The company achieved positive Adjusted EBITDA of $4.7 million, a significant improvement from a loss of $2.8 million in the prior-year quarter.
• Space-based intelligence and AI services revenue reached a record $25 million, marking a 50% sequential increase from the first quarter of 2026.
• BlackSky reaffirmed its full-year 2026 outlook for revenue between $130 million and $150 million and Adjusted EBITDA between $12 million and $24 million.