BlackSky Technology Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-20.8M | $-29.7M | $-868.0K | $-15.3M | $-41.2M | $-12.8M | $-19.4M | $-12.6M |
| Depreciation & Amortization | $8.0M | $9.2M | $8.0M | $7.9M | $7.2M | $7.2M | $10.0M | $11.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $4.3M | $4.1M | $4.2M | $3.7M | $3.5M | $2.9M | $2.9M | $2.5M |
| Net Cash from Operating Activities | $-3.5M | $-2.4M | $-9.3M | $-39.0M | $-7.3M | $27.2M | $-1.8M | $1.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $3.4M | $3.9M | $4.3M | $3.9M | $3.6M | $4.5M | $3.4M | $5.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-135.6M | $-9.3M | $23.8M | $-60.6M | $-25.7M | $-24.1M | $-40.9M | $-4.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $144.6M | $9.5M | $-866.0K | $105.8M | $34.8M | $4.4M | $-243.0K | $34.0M |
| Net Change in Cash | $5.5M | $-2.1M | $13.6M | $6.2M | $1.8M | $7.5M | $-42.9M | $30.7M |
| Free Cash Flow | $-6.9M | $-6.2M | $-13.6M | $-42.8M | $-10.9M | $22.8M | $-5.2M | $-4.7M |