BlackSky Technology (BKSY) Gross Margin (2020 - 2026)
BlackSky Technology's Gross Margin was 72.84% in Q2 2026, up 0.98 percentage points from 71.86% a year earlier and up 8.13 percentage points from the prior quarter.
BlackSky Technology (BKSY) Gross Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, BlackSky Technology's Gross Margin was 69.85% through Jun 30, 2026, up 0.78 percentage points year-over-year; for FY2025, it came in at 66.87%, down 6.26 percentage points from FY2024.
- Gross Margin shows a five-year change of +79.80 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 73.13% in FY2024 (+8.88 pp), 64.25% in FY2023 (+19.07 pp), 45.18% in FY2022 (+47.12 pp) and -1.95% in FY2021 (+10.98 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q4 2024.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.29 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2022 (a gain of 113.44 percentage points); the worst was Q4 2021 (a drop of 24.28 percentage points).
- Per Business Quant data, BKSY's Gross Margin in the three quarters before Q2 2026 was 64.71% (Q1 2026), 72.62% (Q4 2025) and 65.26% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | 78.59% |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | 79.63% |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | 60.42% |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | 73.83% |
| 10 | BlackSky Technology | 662.05 Mn | 41.40 Mn | 24.27 Mn | 72.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.84% |
| Mar 31, 2026 | 64.71% |
| Dec 31, 2025 | 72.62% |
| Sep 30, 2025 | 65.26% |
| Jun 30, 2025 | 71.86% |
| Mar 31, 2025 | 57.35% |
| Dec 31, 2024 | 77.39% |
| Sep 30, 2024 | 70.51% |
| Jun 30, 2024 | 72.40% |
| Mar 31, 2024 | 70.98% |
| Dec 31, 2023 | 66.18% |
| Sep 30, 2023 | 68.17% |
| Jun 30, 2023 | 55.89% |
| Mar 31, 2023 | 64.79% |
| Dec 31, 2022 | 62.41% |
| Sep 30, 2022 | 54.02% |
| Jun 30, 2022 | 35.20% |
| Mar 31, 2022 | 21.16% |
| Dec 31, 2021 | 11.41% |
| Sep 30, 2021 | -59.42% |
BlackSky Technology Gross 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=gross-margin&ticker=BKSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=BKSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();