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Side-by-side financial comparison of ADC Therapeutics SA (ADCT) and BlackSky Technology Inc. (BKSY). Click either name above to swap in a different company.
BlackSky Technology Inc. is the larger business by last-quarter revenue ($35.2M vs $23.1M, roughly 1.5× ADC Therapeutics SA). On growth, ADC Therapeutics SA posted the faster year-over-year revenue change (36.4% vs 15.9%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs 13.7%).
ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity in December 2010 and ceased to exist as a separate entity. ADC products were sold by CommScope after it acquired the Broadband Network Solutions business unit from TE Connectivity in August 2015.
BlackSky Technology Inc. is a leading geospatial intelligence provider operating a constellation of high-revisit small Earth observation satellites. It delivers real-time satellite imagery, advanced data analytics, and dynamic monitoring solutions to government, defense, critical infrastructure, and commercial clients globally to support data-driven operational decision-making.
ADCT vs BKSY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.1M | $35.2M |
| Net Profit | — | $-868.0K |
| Gross Margin | — | — |
| Operating Margin | -77.7% | -11.8% |
| Net Margin | — | -2.5% |
| Revenue YoY | 36.4% | 15.9% |
| Net Profit YoY | — | 95.5% |
| EPS (diluted) | $0.04 | $0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $23.1M | $35.2M | ||
| Q3 25 | $15.8M | $19.6M | ||
| Q2 25 | $18.1M | $22.2M | ||
| Q1 25 | $17.4M | $29.5M | ||
| Q4 24 | $16.9M | $30.4M | ||
| Q3 24 | $18.0M | $22.5M | ||
| Q2 24 | $17.0M | $24.9M | ||
| Q1 24 | $17.8M | $24.2M |
| Q4 25 | — | $-868.0K | ||
| Q3 25 | $-41.0M | $-15.3M | ||
| Q2 25 | $-56.6M | $-41.2M | ||
| Q1 25 | $-38.6M | $-12.8M | ||
| Q4 24 | — | $-19.4M | ||
| Q3 24 | $-44.0M | $-12.6M | ||
| Q2 24 | $-36.5M | $-9.4M | ||
| Q1 24 | $-46.6M | $-15.8M |
| Q4 25 | -77.7% | -11.8% | ||
| Q3 25 | -196.6% | -85.8% | ||
| Q2 25 | -244.1% | -62.8% | ||
| Q1 25 | -163.5% | -40.5% | ||
| Q4 24 | -191.8% | -20.0% | ||
| Q3 24 | -197.4% | -58.7% | ||
| Q2 24 | -170.5% | -47.0% | ||
| Q1 24 | -188.3% | -54.7% |
| Q4 25 | — | -2.5% | ||
| Q3 25 | -260.1% | -78.2% | ||
| Q2 25 | -313.2% | -185.8% | ||
| Q1 25 | -221.8% | -43.4% | ||
| Q4 24 | — | -63.9% | ||
| Q3 24 | -244.1% | -55.8% | ||
| Q2 24 | -214.6% | -37.7% | ||
| Q1 24 | -261.1% | -65.2% |
| Q4 25 | $0.04 | $0.04 | ||
| Q3 25 | $-0.30 | $-0.44 | ||
| Q2 25 | $-0.50 | $-1.27 | ||
| Q1 25 | $-0.36 | $-0.42 | ||
| Q4 24 | $-0.26 | $-0.61 | ||
| Q3 24 | $-0.42 | $-0.66 | ||
| Q2 24 | $-0.38 | $-0.52 | ||
| Q1 24 | $-0.56 | $-0.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $261.3M | $124.5M |
| Total DebtLower is stronger | — | $201.1M |
| Stockholders' EquityBook value | $-185.8M | $94.9M |
| Total Assets | $323.1M | $386.2M |
| Debt / EquityLower = less leverage | — | 2.12× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $261.3M | $124.5M | ||
| Q3 25 | $234.7M | $146.5M | ||
| Q2 25 | $264.6M | $93.8M | ||
| Q1 25 | $194.7M | $75.8M | ||
| Q4 24 | $250.9M | $52.5M | ||
| Q3 24 | $274.3M | $63.2M | ||
| Q2 24 | $300.1M | $41.2M | ||
| Q1 24 | $234.3M | $35.4M |
| Q4 25 | — | $201.1M | ||
| Q3 25 | — | $195.1M | ||
| Q2 25 | — | $122.5M | ||
| Q1 25 | — | $115.3M | ||
| Q4 24 | — | $107.7M | ||
| Q3 24 | — | $98.8M | ||
| Q2 24 | — | $108.6M | ||
| Q1 24 | — | $85.0M |
| Q4 25 | $-185.8M | $94.9M | ||
| Q3 25 | $-238.2M | $91.1M | ||
| Q2 25 | $-199.2M | $86.6M | ||
| Q1 25 | $-238.2M | $88.8M | ||
| Q4 24 | $-202.6M | $94.0M | ||
| Q3 24 | $-171.9M | $110.3M | ||
| Q2 24 | $-131.7M | $76.5M | ||
| Q1 24 | $-194.4M | $81.7M |
| Q4 25 | $323.1M | $386.2M | ||
| Q3 25 | $289.8M | $380.9M | ||
| Q2 25 | $321.6M | $310.8M | ||
| Q1 25 | $272.5M | $284.9M | ||
| Q4 24 | $322.0M | $254.1M | ||
| Q3 24 | $349.1M | $245.5M | ||
| Q2 24 | $371.8M | $224.3M | ||
| Q1 24 | $308.0M | $210.1M |
| Q4 25 | — | 2.12× | ||
| Q3 25 | — | 2.14× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.30× | ||
| Q4 24 | — | 1.15× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | 1.42× | ||
| Q1 24 | — | 1.04× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-31.1M | $-9.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.1M | $-9.3M | ||
| Q3 25 | $-29.6M | $-39.0M | ||
| Q2 25 | $-24.1M | $-7.3M | ||
| Q1 25 | $-56.3M | $27.2M | ||
| Q4 24 | $-21.9M | $-1.8M | ||
| Q3 24 | $-25.0M | $1.0M | ||
| Q2 24 | $-32.8M | $-1.8M | ||
| Q1 24 | $-44.1M | $-3.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $-56.6M | — | ||
| Q4 24 | $-21.9M | — | ||
| Q3 24 | $-25.3M | — | ||
| Q2 24 | $-32.9M | — | ||
| Q1 24 | $-44.6M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -325.2% | — | ||
| Q4 24 | -129.8% | — | ||
| Q3 24 | -140.2% | — | ||
| Q2 24 | -193.0% | — | ||
| Q1 24 | -250.0% | — |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 3.0% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
