BlackSky Technology Inc. (BKSY-WT)

Quarterly Report Filed: 2026-05-07

Key Insights

The filing shows BlackSky operates across three reportable segments: Space-Based Intelligence & AI Services, Mission Solutions Products, and Advanced Technology Programs, with detailed revenue and cost tracking by segment for Q1 2026 and comparative Q1 2025 periods.
Customer concentration risk is significant with detailed disclosures showing dependence on US Federal Government and Agencies as primary revenue sources, alongside international governments and commercial customers, indicating reliance on government contracts.
The company tracks multiple cost of revenue categories including direct labor and materials across segments, suggesting operational complexity in managing satellite-based intelligence services and related product offerings.
Operating lease accounting is prominent in the filing structure with references to right-of-use assets, indicating material lease obligations that investors should monitor for cash flow implications.

Current Report Filed: 2026-05-07

Key Insights

BlackSky announced Q1 2026 financial results on May 7, 2026, indicating the company is maintaining regular earnings reporting cadence and operational transparency with investors.
The 8-K filing is a routine earnings announcement with minimal substantive detail provided in the filing itself, with actual financial metrics contained in the referenced press release (Exhibit 99.1).
The company maintains dual security classes trading on NYSE (common stock BKSY and warrants BKSY.W with $92.00 exercise price), indicating an active capital structure with derivative securities outstanding.

Current Report Filed: 2026-04-07

Key Insights

BlackSky Technology Inc. announced the resignation of its Senior Vice President, Controller, and Principal Accounting Officer, Tracy Ward, effective April 24, 2026.
Henry Dubois, the Company's Chief Financial Officer and Principal Financial Officer, has been appointed as the new Principal Accounting Officer effective upon Ms. Ward's departure.
No new compensatory arrangements will be entered into with Mr. Dubois in connection with his new role as Principal Accounting Officer.

Insider Trading Filed: 2026-04-01

Key Insights

The reporting person, Susan M. Gordon, acquired 894 shares of Class A Common Stock of BlackSky Technology Inc. (BKSY) on March 31, 2026, likely as part of the company's director compensation policy.
The reporting person now holds a total of 76,474 shares of Class A Common Stock, including both directly owned shares and restricted stock units (RSUs).
The acquisition of shares by a director may signal their confidence in the company's future prospects and alignment with shareholder interests.

Insider Trading Filed: 2026-04-01

Key Insights

The reporting person, James R. Tolonen, acquired 894 shares of BlackSky Technology Inc. Class A common stock as part of their compensation as a director on March 31, 2026.
Tolonen now beneficially owns 77,041 shares of BlackSky Class A common stock, a direct ownership position.
The shares were acquired at no cost to Tolonen, as they were received in lieu of cash compensation under the company's Outside Director Compensation Policy.

Insider Trading Filed: 2026-04-01

Key Insights

The reporting person, William D. Porteous, acquired 894 shares of Class A Common Stock of BlackSky Technology Inc. (BKSY-WT) on March 31, 2026, as part of the company's Outside Director Compensation Policy.
Porteous already holds 77,785 shares of Class A Common Stock directly, and an additional 719,881 shares indirectly through RRE Ventures IV, L.P., indicating a significant insider ownership position.
The reporting of this insider transaction provides transparency into the ownership and compensation structure of the company's directors.

Insider Trading Filed: 2026-04-01

Key Insights

The reporting person, Magid M. Abraham, received 894 shares of Class A common stock of BlackSky Technology Inc. (BKSY) as compensation in lieu of cash, indicating management alignment with shareholders.
The reporting person holds a director position at the issuer, BlackSky Technology Inc., suggesting involvement in the company's strategic decision-making.
The reporting person's total beneficial ownership of 64,847 shares represents a notable stake, potentially aligning their interests with the company's long-term performance.

Annual Report Filed: 2026-03-17

Key Insights

BlackSky Technology Inc. (BKSY-WT) reported financial results for the fiscal year 2025, highlighting growth in key revenue segments like Space-Based Intelligence & AI Services and Mission Solutions.
The company's revenue from U.S. federal government and agencies, as well as international governments, showed an increasing trend, indicating diversification of its customer base.
However, a high concentration of revenue from a few key customers, such as Customers B, C, and D, poses a potential risk and highlights the need for further customer diversification.

Insider Trading Filed: 2026-03-12

Key Insights

The CEO and President, Brian E. O'Toole, acquired 191,666 restricted stock units (RSUs) of BlackSky Technology Inc. on March 10, 2026, indicating his commitment to the company's long-term growth.
O'Toole also disposed of 24,999 shares of Class A Common Stock on March 11, 2026, likely to cover tax withholding obligations related to the vesting of RSUs.
The reported transactions suggest that O'Toole is maintaining a significant equity position in the company, aligning his interests with those of shareholders.

Insider Trading Filed: 2026-03-12

Key Insights

The reporting person, Christiana L. Lin, who is the General Counsel and Chief Administrative Officer of BlackSky Technology Inc., acquired 72,916 shares of Class A Common Stock in the form of restricted stock units (RSUs).
Lin also disposed of 13,741 shares of Class A Common Stock to satisfy tax withholding and remittance obligations in connection with the net settlement of vested RSUs.
Following these transactions, Lin now beneficially owns 452,733 shares of Class A Common Stock, including RSUs.

Insider Trading Filed: 2026-03-12

Key Insights

Henry Dubois, the Chief Financial Officer of BlackSky Technology Inc., acquired 77,083 restricted stock units (RSUs) on March 10, 2026, indicating his continued commitment to the company's long-term success.
Dubois also sold 23,551 shares of Class A Common Stock on March 11, 2026, likely to cover tax withholding obligations related to the vesting of RSUs, a common practice for executive stock compensation.
The reported transactions suggest Dubois is accumulating a significant equity stake in BlackSky, aligning his interests with those of shareholders.

Insider Trading Filed: 2026-03-12

Key Insights

The reporting person, Tracy Ward, SVP & Controller of BlackSky Technology Inc. (BKSY), disposed of 803 shares of Class A Common Stock through a net settlement of vested restricted stock units (RSUs) to cover tax withholding obligations.
Following the reported transaction, the reporting person still beneficially owns 42,923 shares of Class A Common Stock, indicating they maintain a significant equity stake in the company.
The reporting of this insider transaction provides transparency into the equity compensation and ownership structure of BlackSky's executive team.

Current Report Filed: 2026-02-26

Key Insights

BlackSky Technology Inc. (BKSY-WT) announced preliminary financial results for Q4 and full year 2025, suggesting potential performance improvements compared to prior periods.
The company did not provide specific financial details, but the announcement indicates the results may be favorable and warrant investor attention.
However, the filing cautions that forward-looking statements are subject to various risks and uncertainties, which could cause actual results to differ from expectations.

Insider Trading Filed: 2026-01-02

Key Insights

The reporting person, Susan M. Gordon, acquired 1,200 shares of BlackSky Technology Inc. (BKSY) Class A common stock as part of their director compensation on December 31, 2025.
This transaction represents a direct ownership increase of the reporting person, further aligning their interests with the company and its shareholders.
The timing of this acquisition, near the end of the year, suggests the reporting person's continued confidence in BlackSky Technology's long-term prospects.

Insider Trading Filed: 2026-01-02

Key Insights

The reporting person, William D. Porteous, acquired 1,200 shares of Class A Common Stock of BlackSky Technology Inc. on December 31, 2025 as part of their compensation as a director.
Porteous also holds 719,881 shares of Class A Common Stock indirectly through RRE Ventures IV, L.P., of which Porteous is a managing member.
The filing indicates that Porteous has direct ownership of 76,891 shares of Class A Common Stock and indirect ownership of 719,881 shares through RRE Ventures IV, L.P.

Insider Trading Filed: 2026-01-02

Key Insights

The reporting person, Magid M. Abraham, has acquired 1,200 shares of BlackSky Technology Inc. (BKSY-WT) Class A Common Stock as part of their director compensation package for the quarter ended December 31, 2025.
This transaction increases the reporting person's direct beneficial ownership of BlackSky Technology Inc. (BKSY-WT) Class A Common Stock to 63,953 shares.
The acquisition of shares by an insider like a director may indicate their confidence in the company's future performance and potential for shareholder value creation.

Insider Trading Filed: 2026-01-02

Key Insights

The reporting person, James R. Tolonen, who is a director of BlackSky Technology Inc., acquired 1,200 shares of the company's Class A common stock on December 31, 2025 as part of his director compensation.
The shares were acquired at a price of $0 per share, indicating they were likely granted as part of the company's Outside Director Compensation Policy.
Following this transaction, Tolonen now beneficially owns 76,147 shares of BlackSky's Class A common stock.

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Important Information