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BKSYBlackSky Technology Inc.
$28.99$1.1B
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  3. Financial Ratios
  4. Quarterly

BlackSky Technology Inc. (BKSY) Quarterly Financial Ratios

Last 27 quarters of trend data · Technology · Hardware, Equipment & Parts

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-13.87——————————48.15—
—————————————
P/S Ratio10.0910.954.769.047.331.251.701.001.251.591.111.533.94
—+775.3%+180.2%+799.4%+488.7%-21.2%+52.4%-34.3%-68.4%-21.6%-52.8%-41.8%+9.0%
P/B Ratio10.2611.267.077.797.521.662.190.821.621.881.701.413.44
—+576.7%+221.9%+847.6%+363.3%-11.6%+29.2%-41.7%-52.8%+50.2%+12.9%+5.8%+126.2%
P/FCF—————1.62———————
—————————————
EV / EBITDA——39.89———19.75———8.50——
——+102.0%———+132.3%——————
EV / EBIT——50.11————————13.50—
—————————————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

BlackSky Technology Inc.'s operating margin was -89.2% in Q1 2026, down 77.4 pp QoQ and down 48.7 pp YoY. The trailing four-quarter average of -62.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 64.8% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin66.9%20.2%72.6%25.2%71.9%57.4%77.4%70.5%72.4%71.0%66.2%68.2%55.9%
—-64.8%-6.2%-64.3%-0.8%-19.2%+16.9%+3.4%+29.6%+9.6%+6.0%+26.2%+58.8%
Operating Margin-44.0%-89.2%-11.8%-85.8%-62.8%-40.5%-20.0%-58.7%-47.0%-54.7%-13.1%-68.3%-103.1%
—-120.1%+41.1%-46.2%-33.6%+25.9%-53.2%+14.1%+54.4%+40.5%+86.2%+40.4%+28.3%
Net Margin-65.9%-142.8%-2.5%-78.2%-185.8%-43.4%-63.9%-55.8%-37.7%-65.2%-10.7%3.2%-173.0%
—-229.2%+96.1%-40.0%-393.0%+33.5%-499.4%-1858.7%+78.2%+30.7%+86.1%+104.1%+0.6%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-74.4%-33.8%-0.9%-17.3%-47.0%-14.0%-19.0%-13.5%-11.9%-18.1%-4.1%0.7%-32.2%
—-140.9%+95.1%-28.1%-295.9%+22.5%-365.1%-1904.2%+63.2%-25.7%+64.9%+107.9%-90.4%
ROA-21.9%-7.8%-0.2%-4.4%-13.8%-4.8%-7.8%-5.4%-4.3%-7.3%-1.7%0.3%-14.2%
—-64.4%+97.1%+17.3%-220.1%+34.7%-348.3%-1850.7%+69.6%+0.0%+72.1%+105.9%-48.6%
ROIC-26.5%-22.0%-1.9%-5.5%-5.4%-4.6%-2.6%-6.1%-5.4%-6.5%-2.4%-8.0%-11.0%
—-376.9%+26.7%+9.4%-0.6%+28.8%-6.4%+23.8%+50.9%+20.9%+70.6%+12.2%+14.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has weakened 8.8% YoY to 3.46x, tightening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.160.210.162.231.501.391.240.961.511.130.940.900.93
—-85.0%-86.8%+132.0%-0.2%+23.2%+32.5%+6.8%+61.9%+68.6%+42.8%+64.3%+84.7%
Debt / EBITDA——3.85———29.72———13.94——
——-87.0%———+113.1%——————
Current Ratio3.443.463.443.893.713.794.105.684.194.022.893.794.56
—-8.8%-16.2%-31.5%-11.4%-5.6%+42.1%+50.0%-8.1%-8.3%-12.2%-5.4%-15.0%
Quick Ratio3.333.343.333.893.713.793.875.684.194.022.893.694.56
—-11.8%-13.9%-31.5%-11.4%-5.6%+34.1%+54.0%-8.1%-8.3%-12.2%-7.8%-15.0%
Interest Coverage-3.69-4.710.79-2.79-10.74-2.82-4.74-3.00-2.02-4.98-0.261.32-13.91
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 27 years · Updated daily

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BKSY — Frequently Asked Questions

Quick answers to the most common questions about buying BKSY stock.

What is BlackSky Technology Inc.'s quarterly P/E ratio trend?

BlackSky Technology Inc.'s current P/E is -13.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do BlackSky Technology Inc.'s margins change by quarter?

BlackSky Technology Inc.'s current operating margin is -44.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at BKSY quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking BlackSky Technology Inc.'s business trajectory between earnings reports.