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BlackSky Technology BKSY Mission solutions — Costs excluding depreciation and amortization

Other product segments

Space-based intelligence & AI services
$4.92M
Service, Direct Materials
$3.1M-5.2%
Service, Direct Labor
$1.83M+231%
Product, Direct Labor
$1.08M-40.6%
Mission Solutions, Direct Labor
$707K
Mission Solutions, Direct Materials
$509K
Product, Direct Materials
$111K-4.3%

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Other financials

Income statement

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Revenue$20.8M-29.7%
Operating income-$18.5M-54.7%
Net income-$29.7M-132%
EPS (diluted)-$0.82-95.2%

Balance sheet

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Cash & equivalents$41.4M+89.1%
Total debt$226.7M+76.9%
Total equity$80.8M-9.1%
Total assets$371.7M+30.5%

Cash flow

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Operating cash flow-$2.4M-109%
CapEx$3.9M-13.4%
Free cash flow-$6.2M-127%

Valuation

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Market cap$1.19B+98.6%
Enterprise value$1.38B+93.2%
P/S12.2×+6.5×

Profitability

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Operating margin-54.7%+31.4pp
Net margin-89.1%+289pp
FCF margin-75.2%-82.5pp

Returns & leverage

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Return on equity-102.7%+164pp
Debt / equity2.8×+1.4×
Current ratio3.5×-0.3×

Where this comes from

Reported directly by BlackSky Technology in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

The source filing: BlackSky Technology’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001753539-26-000064
Line itemThree Months Ended March 31, 20262025
Total revenue20,77429,544
Costs and expenses
Space-based intelligence & AI services costs, excluding depreciation and amortization4,9243,818
Mission solutions costs, excluding depreciation and amortization1,2166,847
Advanced technology programs costs, excluding depreciation and amortization1,1921,935
Selling, general and administrative22,56221,442
Research and development170245
Depreciation and amortization9,2477,236

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is BlackSky Technology's mission solutions — costs excluding depreciation and amortization?
BlackSky Technology (BKSY) reported mission solutions — costs excluding depreciation and amortization of $1.22M in Q1 2026.
How has BlackSky Technology's mission solutions — costs excluding depreciation and amortization changed year-over-year?
BlackSky Technology's mission solutions — costs excluding depreciation and amortization decreased by 82.2% year-over-year, from $6.85M to $1.22M.
What does mission solutions — costs excluding depreciation and amortization mean?
This metric captures the direct operating expenses associated with the Mission Solutions segment, excluding non-cash charges related to the depreciation of satellite assets and amortization of intangible assets. It serves as a measure of the cash-based cost structure required to deliver specialized intelligence services and maintain operational workflows. Monitoring this helps evaluate the segment's underlying operational efficiency and scalability before accounting for capital-intensive infrastructure costs.

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