BlackSky Technology (BKSY-WT) Gross Margin (2020 - 2026)
BlackSky Technology's (BKSY-WT) quarterly Gross Margin came in at 96.6% in Q1 2026, down 301.0% year-on-year from 48.06% in Q1 2025, and down 5.86% quarter-over-quarter from 102.61% in Q4 2025.
BlackSky Technology (BKSY-WT) Gross Margin (2020 - 2026) Analysis & Trends
BlackSky Technology's Gross Margin history runs 7 years deep, the most recent figure standing at 96.6% for Q1 2026.
- On a quarterly basis, Gross Margin fell 301.0% year-over-year to 96.6% in Q1 2026; TTM through Mar 2026 was 99.42%, a 434.0% decrease from a year earlier, with the FY2025 full-year figure at 93.92%, down 422.0% from the prior year.
- Gross Margin retreated to 96.6% in Q1 2026 per BKSY-WT's latest filing, from 102.61% in the prior quarter.
- Across five years, Gross Margin topped out at 122.08% in Q4 2024 and bottomed at 74.25% in Q1 2022.
- The 5-year median for Gross Margin is 94.3% (2023), against an average of 93.12%.
- Across the five-year window, Gross Margin jumped 7080 bps in 2022 and sank 2387 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 118.17% in 2022, then fell by 20 bps to 94.3% in 2023, then climbed by 29 bps to 122.08% in 2024, then declined by 16 bps to 102.61% in 2025, then dropped by 6 bps to 96.6% in 2026.
- Per Business Quant, the three latest BKSY-WT Gross Margin figures stand at 96.6% (Q1 2026), 102.61% (Q4 2025), and 98.86% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 50.98% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 59.24% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 75.16% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 50.26% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 8.69% |
| 10 | BlackSky Technology | 1.11 Mn | -77.05 Mn | 20.07 Mn | 96.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 96.60% |
| Dec 31, 2025 | 102.61% |
| Sep 30, 2025 | 98.86% |
| Jun 30, 2025 | 97.48% |
| Mar 31, 2025 | 99.61% |
| Dec 31, 2024 | 122.08% |
| Sep 30, 2024 | 97.44% |
| Jun 30, 2024 | 92.05% |
| Mar 31, 2024 | 87.53% |
| Dec 31, 2023 | 94.30% |
| Sep 30, 2023 | 83.64% |
| Jun 30, 2023 | 82.12% |
| Mar 31, 2023 | 79.89% |
| Dec 31, 2022 | 118.17% |
| Sep 30, 2022 | 79.26% |
| Jun 30, 2022 | 77.18% |
| Mar 31, 2022 | 74.25% |
| Dec 31, 2021 | 62.93% |
| Sep 30, 2021 | 8.45% |
| Jun 30, 2021 | 69.63% |