BlackSky Technology Inc. Reports Decrease in Q2 2025 Revenue to $22.2M from $24.9M in Q2 2024; Imagery & Software Services Marginally Up

Reuters
18 Jul
<a href="https://laohu8.com/S/BKSY">BlackSky Technology Inc.</a> Reports Decrease in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue to $22.2M from $24.9M in Q2 2024; Imagery & Software Services Marginally Up

BlackSky Technology Inc. has released its preliminary estimated selected unaudited financial results for the second quarter and the first half of 2025. For the three months ended June 30, 2025, the company reported revenue of $22.2 million, a decrease from $24.938 million in the same period in 2024. For the six months ended June 30, 2025, revenue increased to $51.744 million from $49.174 million in the corresponding period of 2024. Revenues from imagery and software analytical services were $17.982 million for the second quarter of 2025, slightly up from $17.469 million in the same period of 2024. However, for the six-month period, these revenues decreased to $34.811 million from $35.302 million in 2024. BlackSky expects its imagery and software gross margin to exceed 80%, with the total gross margin expected to be above 75%. Additionally, the company anticipates an adjusted EBITDA margin greater than 40%. However, specific net income or loss figures were not provided in the preliminary results.

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