BlackSky Q2 revenue rises 50% to $33.3 million; net loss narrows to $20.8 million
BlackSky reported second-quarter 2026 results, with total revenue of $33.3 million, up from $22.2 million a year earlier, and a net loss of $20.8 million, down from $41.2 million. The company said the net loss improvement was mainly due to changes in the loss on derivatives tied to its warrants and other equity instruments. It reaffirmed its full-year 2026 outlook for revenue of $130 million to $150 million and Adjusted EBITDA of $12 million to $24 million.
Key points
- Q2 2026 total revenue was $33.3 million, up 50% from $22.2 million in Q2 2025.
- Net loss was $20.8 million, compared with $41.2 million in Q2 2025; the company attributed the change mainly to derivative gains and losses.
- Adjusted EBITDA was $4.7 million, compared with a loss of $2.8 million a year earlier.
- Cash and short-term investments totaled $244.1 million as of June 30, 2026, after raising $150 million from 3.6 million shares sold under an at-the-market program.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.