BlackSky Revenue Surges 118% as Q3 Earnings Beat Expectations

BlackSky Technology $BKSY reported third-quarter revenue of $42.8 million, up 118% year over year and ahead of the $39.5 million consensus estimate.
The satellite intelligence company earned $0.10 per share, compared with expectations for a $0.24 loss. Adjusted EBITDA reached a record $12.8 million.
BlackSky raised its full-year 2026 revenue guidance to $140 million to $150 million, compared with an analyst estimate of $141 million. The company also expects adjusted EBITDA of $18 million to $24 million and capital expenditure of $50 million to $60 million.
The sharp revenue acceleration, unexpected profitability and higher guidance represent significant earnings catalysts. However, the report does not establish how BlackSky shares reacted to the announcement.