BlackSky Q3 revenue up 118% to $42.8 million; raises 2026 revenue outlook
BlackSky reported third quarter 2026 revenue of $42.8 million, up from $19.6 million a year earlier, and net income of $18.5 million, compared with a net loss of $15.3 million in the prior-year quarter. The company raised its full-year 2026 revenue and adjusted EBITDA outlook for the second time this year, which signals higher expected sales and profitability for shareholders, though the net income figure includes a $19.7 million gain on derivatives.
Key points
- Q3 2026 revenue of $42.8 million, up 118% from $19.6 million; space-based intelligence and AI services revenue was $32.7 million
- Net income of $18.5 million versus a net loss of $15.3 million in Q3 2025; gain on derivatives was $19.7 million
- Adjusted EBITDA of $12.8 million, a record, with a 29.9% margin on revenue
- 2026 outlook raised to revenue of $140 million-$150 million and adjusted EBITDA of $18 million-$24 million; capital expenditure outlook of $50 million-$60 million maintained
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 November 05, 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.