BlackSky Technology (BKSY) Cost of Revenue (2020 - 2026)
BlackSky Technology (BKSY) recorded Cost of Revenue of $9.05 million in Q2 2026, up 44.9% from $6.25 million a year earlier and up 23.4% from the prior quarter.
BlackSky Technology (BKSY) Cost of Revenue (2020 - 2026) Analysis & Trends
On a TTM basis, BlackSky Technology's Cost of Revenue came in at $32.84 million as of Jun 30, 2026, up 1.5% year-over-year; for FY2025, it came in at $35.3 million, up 28.7% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 8.1% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $27.43 million in FY2024 (-18.8%), $33.78 million in FY2023 (-5.7%), $35.83 million in FY2022 (+3.1%) and $34.75 million in FY2021 (+45.6%).
- Quarterly Cost of Revenue has ranged from $6.25 million in Q2 2025 to $12.65 million in Q3 2021 over the past five years.
- On a year-over-year basis, Cost of Revenue rose in four of the last eight quarters, with growth averaging 8.9%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 147.0% in Q4 2021, against a decline of 42.8% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.33 million (Q1 2026), $9.64 million (Q4 2025) and $6.82 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 310.15 Bn | 295.22 Bn | 2.30 Bn | 1.11 Bn |
| 2 | CrowdStrike Holdings | 263.73 Bn | 244.17 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 132.04 Bn | 117.97 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Snowflake | 114.70 Bn | 102.02 Bn | 1.04 Bn | 510.08 Mn |
| 5 | Datadog | 96.79 Bn | 78.43 Bn | 881.34 Mn | 240.11 Mn |
| 6 | Zscaler | 41.60 Bn | 27.72 Bn | - | - |
| 7 | Okta | 35.61 Bn | 25.70 Bn | 641.00 Mn | 164.00 Mn |
| 8 | Axon Enterprise | 34.15 Bn | 28.67 Bn | 546.45 Mn | 357.94 Mn |
| 9 | MongoDB | 29.89 Bn | 20.36 Bn | 569.77 Mn | 202.01 Mn |
| 10 | BlackSky Technology | 714.24 Mn | 93.60 Mn | 24.27 Mn | 9.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.05 Mn |
| Mar 31, 2026 | 7.33 Mn |
| Dec 31, 2025 | 9.64 Mn |
| Sep 30, 2025 | 6.82 Mn |
| Jun 30, 2025 | 6.25 Mn |
| Mar 31, 2025 | 12.60 Mn |
| Dec 31, 2024 | 6.87 Mn |
| Sep 30, 2024 | 6.65 Mn |
| Jun 30, 2024 | 6.88 Mn |
| Mar 31, 2024 | 7.03 Mn |
| Dec 31, 2023 | 12.01 Mn |
| Sep 30, 2023 | 6.77 Mn |
| Jun 30, 2023 | 8.53 Mn |
| Mar 31, 2023 | 6.48 Mn |
| Dec 31, 2022 | 7.30 Mn |
| Sep 30, 2022 | 7.79 Mn |
| Jun 30, 2022 | 9.79 Mn |
| Mar 31, 2022 | 10.96 Mn |
| Dec 31, 2021 | 10.18 Mn |
| Sep 30, 2021 | 12.65 Mn |
BlackSky Technology Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BKSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "BKSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BKSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();