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BlackSky Valuation Multiples
Discover revenue and EBITDA valuation multiples for BlackSky and similar public comparables like HAITE High-Tech, Shaanxi Zhongtian Rocket, Gilat Satellite Networks, 6912 Communication and more.
BlackSky Overview
About BlackSky
BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industryβs low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.
Founded
2018
HQ

Employees
340
Website
Financials (LTM)
EV
$1B
BlackSky Financials
BlackSky reported last 12-month revenue of $114M and EBITDA of $4M.
In the same LTM period, BlackSky generated $76M in gross profit, $4M in EBITDA, and had net loss of ($63M).
Revenue (LTM)
BlackSky P&L
In the most recent fiscal year, BlackSky reported revenue of $107M and EBITDA of $899K.
BlackSky expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $114M | XXX | $107M | XXX | XXX | XXX |
| Gross Profit | $76M | XXX | $71M | XXX | XXX | XXX |
| Gross Margin | 66% | XXX | 67% | XXX | XXX | XXX |
| EBITDA | $4M | XXX | $899K | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 1% | XXX | XXX | XXX |
| EBIT Margin | (36%) | XXX | (40%) | XXX | XXX | XXX |
| Net Profit | ($63M) | XXX | ($70M) | XXX | XXX | XXX |
| Net Margin | (56%) | XXX | (66%) | XXX | XXX | XXX |
| Net Debt | β | β | $159M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
BlackSky Stock Performance
BlackSky has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
BlackSky's stock price is $37.57.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | 0.0% | XXX | XXX | XXX | $-1.89 |
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Start Free TrialBlackSky Valuation Multiples
BlackSky trades at 13.0x EV/Revenue multiple, and 345.9x EV/EBITDA.
EV / Revenue (LTM)
BlackSky Financial Valuation Multiples
As of April 19, 2026, BlackSky has market cap of $1B and EV of $1B.
Equity research analysts estimate BlackSky's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
BlackSky has a P/E ratio of (22.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 13.0x | XXX | 13.9x | XXX | XXX | XXX |
| EV/EBITDA | 345.9x | XXX | 1645.4x | XXX | XXX | XXX |
| EV/EBIT | (36.0x) | XXX | (34.8x) | XXX | XXX | XXX |
| EV/Gross Profit | 19.5x | XXX | 20.8x | XXX | XXX | XXX |
| P/E | (22.0x) | XXX | (19.8x) | XXX | XXX | XXX |
| EV/FCF | (26.4x) | XXX | (33.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified BlackSky Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


BlackSky Margins & Growth Rates
BlackSky's revenue in the last 12 month grew by 26%.
BlackSky's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.3M for the same period.
BlackSky's rule of 40 is 33% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
BlackSky's rule of X is 69% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
BlackSky Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 26% | XXX | 24% | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Growth | 395% | XXX | 1258% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 33% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 69% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | β | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 76% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 1% | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 111% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
BlackSky Public Comps
See public comps and valuation multiples for other Aircraft & Space Systems and Satellite Communications comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| BlackSky | XXX | XXX | XXX | XXX | XXX | XXX |
| HAITE High-Tech | XXX | XXX | XXX | XXX | XXX | XXX |
| Shaanxi Zhongtian Rocket | XXX | XXX | XXX | XXX | XXX | XXX |
| Gilat Satellite Networks | XXX | XXX | XXX | XXX | XXX | XXX |
| 6912 Communication | XXX | XXX | XXX | XXX | XXX | XXX |
| Aerospace Industrial Development | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
BlackSky M&A Activity
BlackSky acquired XXX companies to date.
Last acquisition by BlackSky was on XXXXXXXX, XXXXX. BlackSky acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by BlackSky
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialBlackSky Investment Activity
BlackSky invested in XXX companies to date.
BlackSky made its latest investment on XXXXXXXX, XXXXX. BlackSky invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by BlackSky
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout BlackSky
| When was BlackSky founded? | BlackSky was founded in 2018. |
| Where is BlackSky headquartered? | BlackSky is headquartered in United States. |
| How many employees does BlackSky have? | As of today, BlackSky has over 340 employees. |
| Who is the CEO of BlackSky? | BlackSky's CEO is Brian E. O'Toole. |
| Is BlackSky publicly listed? | Yes, BlackSky is a public company listed on NYSE. |
| What is the stock symbol of BlackSky? | BlackSky trades under BKSY ticker. |
| When did BlackSky go public? | BlackSky went public in 2021. |
| Who are competitors of BlackSky? | BlackSky main competitors are HAITE High-Tech, Shaanxi Zhongtian Rocket, Gilat Satellite Networks, 6912 Communication. |
| What is the current market cap of BlackSky? | BlackSky's current market cap is $1B. |
| What is the current revenue of BlackSky? | BlackSky's last 12 months revenue is $114M. |
| What is the current revenue growth of BlackSky? | BlackSky revenue growth (NTM/LTM) is 26%. |
| What is the current EV/Revenue multiple of BlackSky? | Current revenue multiple of BlackSky is 13.0x. |
| Is BlackSky profitable? | Yes, BlackSky is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of BlackSky? | BlackSky's last 12 months EBITDA is $4M. |
| What is BlackSky's EBITDA margin? | BlackSky's last 12 months EBITDA margin is 4%. |
| What is the current EV/EBITDA multiple of BlackSky? | Current EBITDA multiple of BlackSky is 345.9x. |
| What is the current FCF of BlackSky? | BlackSky's last 12 months FCF is ($56M). |
| What is BlackSky's FCF margin? | BlackSky's last 12 months FCF margin is (49%). |
| What is the current EV/FCF multiple of BlackSky? | Current FCF multiple of BlackSky is (26.4x). |
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