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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.32M | $20.77M | $35.21M | $19.62M | $22.20M | $29.54M | $30.37M | $22.55M |
| Cost of revenue | $9.05M | $7.33M | $9.64M | $6.82M | $6.25M | $12.60M | $6.87M | $6.65M |
| Gross profit | $24.27M | $13.44M | $25.57M | $12.80M | $15.95M | $16.94M | $23.50M | $15.90M |
| Gross margin | 72.8% | 64.7% | 72.6% | 65.3% | 71.9% | 57.4% | 77.4% | 70.5% |
| Research and development | $291.00K | $170.00K | $141.00K | $30.00K | $17.00K | $245.00K | $559.00K | $43.00K |
| Selling, general and administrative | $23.78M | $22.56M | $21.55M | $21.74M | $22.67M | $21.44M | $19.08M | $17.96M |
| Operating expenses | $32.07M | $31.98M | $29.73M | $29.63M | $29.89M | $28.92M | $29.59M | $29.13M |
| Operating income | −$7.80M | −$18.54M | −$4.16M | −$16.83M | −$13.94M | −$11.98M | −$6.08M | −$13.23M |
| Operating margin | -23.4% | -89.2% | -11.8% | -85.8% | -62.8% | -40.5% | -20.0% | -58.7% |
| EBITDA | $198.00K | −$9.29M | $4.49M | −$8.96M | −$6.73M | −$4.74M | $4.45M | −$2.11M |
| Interest income | $1.35M | $1.02M | $1.23M | $1.32M | $677.00K | $573.00K | $573.00K | $257.00K |
| Interest expense | −$3.87M | −$3.93M | −$4.06M | −$4.04M | −$3.51M | −$3.34M | −$3.38M | −$3.14M |
| Income before taxes | −$20.83M | −$29.66M | −$847.00K | −$15.30M | −$41.20M | −$12.78M | −$19.40M | −$12.56M |
| Income taxes | $0 | $0 | $21.00K | $39.00K | $35.00K | $30.00K | $20.00K | $28.00K |
| Net income | −$20.83M | −$29.66M | −$868.00K | −$15.34M | −$41.24M | −$12.81M | −$19.42M | −$12.59M |
| Net margin | -62.5% | -142.8% | -2.5% | -78.2% | -185.8% | -43.4% | -63.9% | -55.8% |
| EPS, basic | −$0.54 | −$0.82 | −$0.02 | −$0.44 | −$1.27 | −$0.42 | −$0.63 | −$0.66 |
| EPS, diluted | −$0.54 | −$0.82 | −$0.02 | −$0.44 | −$1.27 | −$0.42 | −$0.63 | −$0.66 |
| Diluted shares | 38.42M | 36.15M | 35.82M | 35.19M | 32.47M | 30.81M | 30.60M | 19.12M |
Figures describe BlackSky Technology shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.