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BlackSky posts 50% revenue growth in 2Q26, driven by Gen-3 subscription and strong margins.

Company Fundamentals
09 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

BlackSky Technology Inc. reported a 50% year-over-year revenue increase to $33.3 million in the second quarter of 2026, fueled by strong adoption of its Gen-3 satellite constellation subscriptions. The Gen-3 system now generates an annualized revenue run rate of $100 million from high-margin imagery and AI services, highlighting its role as a key growth driver. Adjusted EBITDA reached $4.7 million with a 14.2% margin, while operating expenses remained flat despite higher revenue, indicating improved operating leverage. The company is positioned for continued growth with expanding margins and multiple growth opportunities as the Gen-3 platform scales.

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