BlackSky Technology Inc. (BKSY) Key Metrics
BKSY valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $708.8M
- Enterprise value
- $897.7M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 6.5 10-yr median 2.8
- Price / book
- 4.3 10-yr median 2.0
- EV / EBITDA
- 6.6
- Dividend yield
- —
- Beta
- 2.70
BKSY key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBKSY valuation Price multiples at each fiscal year-end price.
Price / sales+160.7%
5.9
2025 · hover or tap a bar for each year
20192025
Price / book+169.6%
6.6
2025 · hover or tap a bar for each year
20192025
Free cash flow yield+2.5 pts
−7.1%
2025 · hover or tap a bar for each year
20192025
BKSY returns How much profit the business earns on the capital it uses.
Return on equity−13.3 pts
−74.4%
2025 · hover or tap a bar for each year
20192025
Return on assets+2.0 pts
−21.9%
2025 · hover or tap a bar for each year
20192025
Free cash flow margin−20.2 pts
−41.8%
2025 · hover or tap a bar for each year
20192025
Asset turnover−22.2%
0.33
2025 · hover or tap a bar for each year
20192025
BKSY per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−33.3%
$3.17
2025 · hover or tap a bar for each year
20192025
Earnings per share
−$2.09
2025 · hover or tap a bar for each year
20192025
Free cash flow per share
−$1.33
2025 · hover or tap a bar for each year
20192025
Book value per share−35.5%
$2.83
2025 · hover or tap a bar for each year
20192025
Shares outstanding+56.6%
33.6M
2025 · hover or tap a bar for each year
20192025
BKSY financial health Debt, liquidity and how easily interest is covered.
Debt / equity−86.8%
0.16
2025 · hover or tap a bar for each year
20192025
Net debt−$173.0M
−$108.9M
2025 · hover or tap a bar for each year
20192025
Current ratio−16.2%
3.44
2025 · hover or tap a bar for each year
20192025
Interest coverage
-3.1
2025 · hover or tap a bar for each year
20192025
Debt / assets−91.3%
0.04
2025 · hover or tap a bar for each year
20192025
BKSY efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+21 days
137 days
2025 · hover or tap a bar for each year
20192025
Days of inventory+23 days
63 days
2025 · hover or tap a bar for each year
20192025
Days payables outstanding−16 days
55 days
2025 · hover or tap a bar for each year
20192025
Cash conversion cycle+60 days
146 days
2025 · hover or tap a bar for each year
20192025
Capex / revenue−0.1 pts
15.2%
2025 · hover or tap a bar for each year
20192025
BKSY valuation history
Fiscal year-endToday7-year median
BKSY returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BKSY debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BKSY cash returned to shareholders
DividendsBuybacksFree cash flow
BKSY price vs earnings per share
Share price at year-endEPS (right axis)
BKSY key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $629.5M | $231.4M | $189.6M | $181.4M | $325.4M | — | — |
| Enterprise value | $520.6M | $295.4M | $224.3M | $189.2M | $231.2M | — | — |
| Price / sales | 5.9 | 2.3 | 2.0 | 2.8 | 9.5 | — | — |
| Price / book | 6.6 | 2.5 | 2.0 | 1.5 | 1.8 | — | — |
| EV / sales | 4.9 | 2.9 | 2.4 | 2.9 | 6.8 | — | — |
| EV / EBITDA | — | — | 516.8 | — | — | — | — |
| Earnings yield | −11.2% | −24.7% | −28.4% | −40.9% | −75.5% | — | — |
| Free cash flow yield | −7.1% | −9.5% | −32.2% | −30.9% | −16.9% | — | — |
| Shareholder yield (dividends + buybacks) | — | — | 0.7% | 2.8% | — | — | — |
| Share price at fiscal year-end | $18.75 | $10.79 | $11.20 | $12.32 | $35.92 | $83.76 | $78.00 |
| Per share | |||||||
| Revenue per share | $3.17 | $4.76 | $5.58 | $4.44 | $3.76 | — | — |
| Earnings per share | −$2.09 | −$2.67 | −$3.18 | −$5.04 | −$27.12 | — | — |
| Operating cash flow per share | −$0.84 | −$0.30 | −$1.03 | −$3.02 | −$5.95 | — | — |
| Free cash flow per share | −$1.33 | −$1.03 | −$3.61 | −$3.81 | −$6.09 | — | — |
| Cash per share | $3.71 | $2.45 | $3.10 | $4.90 | $18.28 | — | — |
| Book value per share | $2.83 | $4.38 | $5.50 | $8.27 | $19.83 | — | — |
| Tangible book value per share | $2.39 | $3.65 | $4.87 | $7.51 | $18.52 | — | — |
| Capex per share | $0.48 | $0.73 | $2.58 | $0.79 | $0.14 | — | — |
| Debt per share | $0.46 | $5.43 | $5.15 | $5.42 | $7.89 | — | — |
| Shares outstanding | 33.6M | 21.4M | 16.9M | 14.7M | 9.1M | — | — |
| Change in shares outstanding | +56.6% | +26.6% | +15.0% | +62.6% | — | — | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | −74.4% | −61.1% | −50.1% | −49.2% | −334.6% | — | — |
| Return on invested capital (ROIC) | — | −24.5% | −34.4% | −63.6% | −127.2% | −48.9% | −52.1% |
| Return on assets (ROA) | −21.9% | −23.9% | −23.5% | −27.5% | −115.4% | −13.8% | −40.5% |
| Return on tangible assets | −18.9% | −24.0% | −25.2% | −33.3% | −83.6% | −18.3% | −44.5% |
| Free cash flow margin | −41.8% | −21.6% | −64.7% | −85.9% | −161.8% | −236.8% | −5.6% |
| Financial health | |||||||
| Total debt | $15.5M | $116.5M | $87.2M | $79.9M | $71.5M | $101.7M | $120.1M |
| Cash & short-term investments | $124.5M | $52.5M | $52.5M | $72.2M | $165.6M | $5.1M | $31.7M |
| Net debt | −$108.9M | $64.0M | $34.7M | $7.7M | −$94.1M | $96.6M | $88.4M |
| Debt / equity | 0.16 | 1.24 | 0.94 | 0.66 | 0.40 | — | — |
| Debt / assets | 0.04 | 0.46 | 0.39 | 0.34 | 0.23 | 0.85 | 0.74 |
| Net debt / EBITDA | — | — | 79.84 | — | — | — | — |
| Current ratio | 3.44 | 4.10 | 2.89 | 3.29 | 5.85 | 0.33 | 0.66 |
| Quick ratio | 3.33 | 3.87 | 2.89 | 3.18 | 5.76 | 0.36 | 0.66 |
| Interest coverage | -3.1 | -3.6 | -6.0 | -16.0 | -2.3 | -8.0 | -3.4 |
| Working capital | $147.3M | $80.7M | $51.8M | $61.6M | $148.1M | −$37.2M | −$34.4M |
| Invested capital | −$14.1M | $158.0M | $127.8M | $129.6M | $85.5M | $63.7M | $70.1M |
| Tangible asset value | $80.2M | $78.3M | $82.4M | $110.6M | $167.7M | −$46.0M | −$32.9M |
| Net current asset value | −$84.6M | −$53.4M | −$51.6M | −$23.7M | $52.5M | −$134.5M | −$115.8M |
| Graham net-net per share | −$4.07 | −$3.39 | −$3.64 | −$2.17 | $4.87 | — | — |
| Capital allocation | |||||||
| Dividends paid | — | — | — | — | — | $39,000 | — |
| Share buybacks (net) | — | — | $1.4M | $5.1M | — | $39,000 | $0 |
| Capex / revenue | 15.2% | 15.4% | 46.3% | 17.9% | 3.7% | 87.0% | 3.5% |
| Capex / depreciation | 0.52 | 0.36 | 0.99 | 0.31 | 0.09 | 1.87 | 0.07 |
| Stock-based compensation / revenue | 13.4% | 10.9% | 11.5% | 30.6% | 124.9% | 9.4% | 24.4% |
| R&D / revenue | 2.4% | 2.3% | 1.8% | 2.4% | 4.5% | 35.2% | 8.0% |
| SG&A / revenue | 80.0% | 73.1% | 76.8% | 120.7% | 250.1% | 101.3% | 246.9% |
| Efficiency | |||||||
| Days sales outstanding | 137.3 | 115.9 | 60.1 | 36.7 | 58.9 | 95.2 | 115.2 |
| Days of inventory on hand | 63.2 | 40.2 | — | 28.9 | 6.1 | -12.8 | 0.0 |
| Days payables outstanding | 54.7 | 70.2 | 25.6 | 21.1 | 31.0 | 55.0 | 95.6 |
| Cash conversion cycle (days) | 145.8 | 85.9 | 49.8 | 44.4 | 34.0 | 27.4 | 19.6 |
| Receivables turnover | 2.66 | 3.15 | 6.08 | 9.96 | 6.19 | 3.83 | 3.17 |
| Payables turnover | 6.67 | 5.20 | 14.26 | 17.29 | 11.78 | 6.64 | 3.82 |
| Inventory turnover | 5.78 | 9.08 | — | 12.64 | 60.07 | — | 11,497,000.00 |
| Asset turnover | 0.33 | 0.43 | 0.41 | 0.24 | 0.16 | 0.15 | 0.08 |
| Average receivables | $40.1M | $32.4M | $15.6M | $6.6M | $5.5M | $5.5M | $4.3M |
| Average payables | $5.3M | $5.3M | $2.4M | $2.1M | $3.0M | $3.6M | $3.0M |
| Average inventory | $6.1M | $3.0M | $1.4M | $2.8M | $578,500 | −$839,000 | $1 |
| Intangibles / total assets | 3.8% | 6.2% | 4.8% | 4.8% | 3.9% | 11.0% | 8.9% |
Computed from BKSY's annual financial statements (latest annual report filed March 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BKSY valuation and financial ratios
BlackSky Technology earned a return on equity of −74.4% in fiscal 2025. It ended the year with $15.5 million of debt and $124.5 million in cash and short-term investments, a net cash position of $108.9 million.
See the BKSY income statement, the BKSY chart for price history, or the BKSY stock overview for the latest quote and news.
BKSY key metrics FAQ
What is BlackSky Technology's return on equity?
BlackSky Technology's return on equity (ROE) was −74.4% in fiscal 2025: net income of -$70.3 million on average shareholders' equity of $94.4 million.
How much debt does BlackSky Technology have?
BlackSky Technology had total debt of $15.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.16 and more cash than debt.
What is BlackSky Technology's free cash flow yield?
BlackSky Technology generated -$44.5 million of free cash flow in fiscal 2025, a free cash flow yield of −7.1% on its market value at year-end ($629.5 million).
What is BlackSky Technology's current ratio?
BlackSky Technology's current ratio was 3.44 at the end of fiscal 2025: current assets were 3.44 times current liabilities.