Logo image of BKSY

BLACKSKY TECHNOLOGY INC (BKSY) Stock Fundamental Analysis

USA - NYSE:BKSY - US09263B2079 - Common Stock

29.95 USD
-0.12 (-0.4%)
Last: 10/9/2025, 5:59:31 PM
29.97 USD
+0.02 (+0.07%)
After Hours: 10/9/2025, 5:59:31 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BKSY. BKSY was compared to 82 industry peers in the Professional Services industry. While BKSY seems to be doing ok healthwise, there are quite some concerns on its profitability. BKSY is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

BKSY had negative earnings in the past year.
In the past year BKSY had a positive cash flow from operations.
BKSY had negative earnings in each of the past 5 years.
BKSY had a negative operating cash flow in each of the past 5 years.
BKSY Yearly Net Income VS EBIT VS OCF VS FCFBKSY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 -50M -100M -150M -200M

1.2 Ratios

With a Return On Assets value of -27.69%, BKSY is not doing good in the industry: 86.59% of the companies in the same industry are doing better.
With a Return On Equity value of -99.43%, BKSY is not doing good in the industry: 85.37% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -27.69%
ROE -99.43%
ROIC N/A
ROA(3y)-26.08%
ROA(5y)-34.97%
ROE(3y)-59.85%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BKSY Yearly ROA, ROE, ROICBKSY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200 300

1.3 Margins

Looking at the Gross Margin, with a value of 69.08%, BKSY belongs to the top of the industry, outperforming 84.15% of the companies in the same industry.
In the last couple of years the Gross Margin of BKSY has grown nicely.
BKSY does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 69.08%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y35.19%
BKSY Yearly Profit, Operating, Gross MarginsBKSY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600

More info and screens

4

2. Health

2.1 Basic Checks

BKSY does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BKSY has more shares outstanding
Compared to 5 years ago, BKSY has less shares outstanding
BKSY has a worse debt/assets ratio than last year.
BKSY Yearly Shares OutstandingBKSY Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
BKSY Yearly Total Debt VS Total AssetsBKSY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

Based on the Altman-Z score of -0.10, we must say that BKSY is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BKSY (-0.10) is worse than 81.71% of its industry peers.
The Debt to FCF ratio of BKSY is 61.70, which is on the high side as it means it would take BKSY, 61.70 years of fcf income to pay off all of its debts.
BKSY has a worse Debt to FCF ratio (61.70) than 67.07% of its industry peers.
A Debt/Equity ratio of 1.35 is on the high side and indicates that BKSY has dependencies on debt financing.
With a Debt to Equity ratio value of 1.35, BKSY is not doing good in the industry: 79.27% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 61.7
Altman-Z -0.1
ROIC/WACCN/A
WACC8.22%
BKSY Yearly LT Debt VS Equity VS FCFBKSY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

2.3 Liquidity

A Current Ratio of 3.71 indicates that BKSY has no problem at all paying its short term obligations.
BKSY has a Current ratio of 3.71. This is amongst the best in the industry. BKSY outperforms 92.68% of its industry peers.
BKSY has a Quick Ratio of 3.71. This indicates that BKSY is financially healthy and has no problem in meeting its short term obligations.
BKSY has a Quick ratio of 3.71. This is amongst the best in the industry. BKSY outperforms 92.68% of its industry peers.
Industry RankSector Rank
Current Ratio 3.71
Quick Ratio 3.71
BKSY Yearly Current Assets VS Current LiabilitesBKSY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

More info and screens

5

3. Growth

3.1 Past

The earnings per share for BKSY have decreased strongly by -121.05% in the last year.
The Revenue has decreased by -1.21% in the past year.
BKSY shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 49.41% yearly.
EPS 1Y (TTM)-121.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-164.58%
Revenue 1Y (TTM)-1.21%
Revenue growth 3Y44.14%
Revenue growth 5Y49.41%
Sales Q2Q%-10.98%

3.2 Future

The Earnings Per Share is expected to grow by 19.77% on average over the next years. This is quite good.
The Revenue is expected to grow by 24.82% on average over the next years. This is a very strong growth
EPS Next Y17.03%
EPS Next 2Y30.93%
EPS Next 3Y26.52%
EPS Next 5Y19.77%
Revenue Next Year9.05%
Revenue Next 2Y20.89%
Revenue Next 3Y23.47%
Revenue Next 5Y24.82%

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
BKSY Yearly Revenue VS EstimatesBKSY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 100M 200M 300M 400M 500M
BKSY Yearly EPS VS EstimatesBKSY Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 -5 -10 -15

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for BKSY. In the last year negative earnings were reported.
Also next year BKSY is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BKSY Price Earnings VS Forward Price EarningsBKSY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

BKSY's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. BKSY is more expensive than 68.29% of the companies in the same industry.
Industry RankSector Rank
P/FCF 535.03
EV/EBITDA N/A
BKSY Per share dataBKSY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2

4.3 Compensation for Growth

A more expensive valuation may be justified as BKSY's earnings are expected to grow with 26.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.93%
EPS Next 3Y26.52%

More info and screens

0

5. Dividend

5.1 Amount

BKSY does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

BLACKSKY TECHNOLOGY INC

NYSE:BKSY (10/9/2025, 5:59:31 PM)

After market: 29.97 +0.02 (+0.07%)

29.95

-0.12 (-0.4%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)08-07 2025-08-07/bmo
Earnings (Next)11-05 2025-11-05/bmo
Inst Owners56.99%
Inst Owner Change0%
Ins Owners3.35%
Ins Owner Change-0.4%
Market Cap1.06B
Analysts81.54
Price Target25.63 (-14.42%)
Short Float %19.86%
Short Ratio3.55
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-88.73%
Min EPS beat(2)-186.23%
Max EPS beat(2)8.77%
EPS beat(4)2
Avg EPS beat(4)-98.21%
Min EPS beat(4)-215.64%
Max EPS beat(4)8.77%
EPS beat(8)5
Avg EPS beat(8)-26.26%
EPS beat(12)8
Avg EPS beat(12)-19.91%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.34%
Min Revenue beat(2)-5.82%
Max Revenue beat(2)6.5%
Revenue beat(4)1
Avg Revenue beat(4)-7.97%
Min Revenue beat(4)-19.54%
Max Revenue beat(4)6.5%
Revenue beat(8)2
Avg Revenue beat(8)-2.02%
Revenue beat(12)2
Avg Revenue beat(12)-3.37%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.25%
PT rev (3m)43.57%
EPS NQ rev (1m)3.16%
EPS NQ rev (3m)-59.72%
EPS NY rev (1m)-13.26%
EPS NY rev (3m)-104.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11.89%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)-12.29%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 10.15
P/FCF 535.03
P/OCF 55.36
P/B 12.27
P/tB 14.91
EV/EBITDA N/A
EPS(TTM)-3.36
EYN/A
EPS(NY)-0.86
Fwd EYN/A
FCF(TTM)0.06
FCFY0.19%
OCF(TTM)0.54
OCFY1.81%
SpS2.95
BVpS2.44
TBVpS2.01
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -27.69%
ROE -99.43%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 69.08%
FCFM 1.9%
ROA(3y)-26.08%
ROA(5y)-34.97%
ROE(3y)-59.85%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y35.19%
F-Score3
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 61.7
Debt/EBITDA N/A
Cap/Depr 48.93%
Cap/Sales 16.43%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.71
Quick Ratio 3.71
Altman-Z -0.1
F-Score3
WACC8.22%
ROIC/WACCN/A
Cap/Depr(3y)34.64%
Cap/Depr(5y)23.13%
Cap/Sales(3y)16.46%
Cap/Sales(5y)10.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-121.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-164.58%
EPS Next Y17.03%
EPS Next 2Y30.93%
EPS Next 3Y26.52%
EPS Next 5Y19.77%
Revenue 1Y (TTM)-1.21%
Revenue growth 3Y44.14%
Revenue growth 5Y49.41%
Sales Q2Q%-10.98%
Revenue Next Year9.05%
Revenue Next 2Y20.89%
Revenue Next 3Y23.47%
Revenue Next 5Y24.82%
EBIT growth 1Y-2.48%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year110.88%
EBIT Next 3Y53.87%
EBIT Next 5Y38.8%
FCF growth 1Y104.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y159.39%
OCF growth 3YN/A
OCF growth 5YN/A