BlackSky Technology (BKSY) FCF Margin (2020 - 2026)
BlackSky Technology (BKSY) reported FCF Margin of -20.85% for Q2 2026, up 28.30 percentage points from -49.15% a year earlier and up 9.10 percentage points from the prior quarter.
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Analysis
BlackSky Technology (BKSY) FCF Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, BlackSky Technology's FCF Margin came in at -63.86%, down 65.76 percentage points year-over-year; for FY2025, it came in at -41.78%, down 20.17 percentage points from FY2024.
- FCF Margin has a five-year change of +109.42 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -21.61% in FY2024 (+12.99 pp), -34.60% in FY2023 (+51.30 pp), -85.90% in FY2022 (+75.87 pp) and -161.77% in FY2021 (-10.57 pp).
- The Q2 2026 figure ranks as the highest quarterly FCF Margin since Q1 2025.
- Year over year, FCF Margin gained in two of the last eight quarters, with an average year-over-year change of -28.26 percentage points.
- The high point for year-over-year FCF Margin in five years was Q3 2021 (a gain of 276.68 percentage points); the low point was Q3 2025 (a drop of 197.52 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -29.95% (Q1 2026), -38.54% (Q4 2025) and -218.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | 27.28% |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | 28.94% |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | -0.11% |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | 18.06% |
| 10 | BlackSky Technology | 662.05 Mn | 41.40 Mn | 24.27 Mn | -56.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -56.89% |
| Mar 31, 2026 | -87.16% |
| Dec 31, 2025 | -62.41% |
| Sep 30, 2025 | -275.21% |
| Jun 30, 2025 | -77.77% |
| Mar 31, 2025 | 62.15% |
| Dec 31, 2024 | -37.39% |
| Sep 30, 2024 | -53.68% |
| Jun 30, 2024 | -58.98% |
| Mar 31, 2024 | -76.14% |
| Dec 31, 2023 | -26.58% |
| Sep 30, 2023 | -36.22% |
| Jun 30, 2023 | -59.99% |
| Mar 31, 2023 | -176.13% |
| Dec 31, 2022 | -76.02% |
| Sep 30, 2022 | -120.88% |
| Jun 30, 2022 | -180.01% |
| Mar 31, 2022 | -187.83% |
| Dec 31, 2021 | -257.25% |
| Sep 30, 2021 | -701.79% |
API Access
BlackSky Technology FCF Margin 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=fcf-margin&ticker=BKSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=BKSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();