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Side-by-side financial comparison of BGSF, INC. (BGSF) 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 $22.0M, roughly 1.6× BGSF, INC.). BlackSky Technology Inc. runs the higher net margin — -2.5% vs -5.3%, a 2.8% gap on every dollar of revenue. On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs -9.4%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs -5.3%).
BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.
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.
BGSF vs BKSY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $35.2M |
| Net Profit | $-1.2M | $-868.0K |
| Gross Margin | 35.0% | — |
| Operating Margin | -17.6% | -11.8% |
| Net Margin | -5.3% | -2.5% |
| Revenue YoY | -9.4% | 15.9% |
| Net Profit YoY | -18.2% | 95.5% |
| EPS (diluted) | $-0.12 | $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 | $22.0M | $35.2M | ||
| Q3 25 | $26.9M | $19.6M | ||
| Q2 25 | $23.5M | $22.2M | ||
| Q1 25 | $20.9M | $29.5M | ||
| Q4 24 | $24.3M | $30.4M | ||
| Q3 24 | $29.8M | $22.5M | ||
| Q2 24 | $25.7M | $24.9M | ||
| Q1 24 | $24.5M | $24.2M |
| Q4 25 | $-1.2M | $-868.0K | ||
| Q3 25 | $-5.8M | $-15.3M | ||
| Q2 25 | $-3.7M | $-41.2M | ||
| Q1 25 | $-722.0K | $-12.8M | ||
| Q4 24 | $-981.0K | $-19.4M | ||
| Q3 24 | $-804.0K | $-12.6M | ||
| Q2 24 | $-761.0K | $-9.4M | ||
| Q1 24 | $-792.0K | $-15.8M |
| Q4 25 | 35.0% | — | ||
| Q3 25 | 35.9% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 36.2% | — | ||
| Q4 24 | 35.9% | — | ||
| Q3 24 | 35.9% | — | ||
| Q2 24 | 37.3% | — | ||
| Q1 24 | 38.1% | — |
| Q4 25 | -17.6% | -11.8% | ||
| Q3 25 | -3.5% | -85.8% | ||
| Q2 25 | -18.8% | -62.8% | ||
| Q1 25 | 1.6% | -40.5% | ||
| Q4 24 | -15.7% | -20.0% | ||
| Q3 24 | -3.4% | -58.7% | ||
| Q2 24 | -5.7% | -47.0% | ||
| Q1 24 | 1.7% | -54.7% |
| Q4 25 | -5.3% | -2.5% | ||
| Q3 25 | -21.6% | -78.2% | ||
| Q2 25 | -15.9% | -185.8% | ||
| Q1 25 | -3.5% | -43.4% | ||
| Q4 24 | -4.0% | -63.9% | ||
| Q3 24 | -2.7% | -55.8% | ||
| Q2 24 | -3.0% | -37.7% | ||
| Q1 24 | -3.2% | -65.2% |
| Q4 25 | $-0.12 | $0.04 | ||
| Q3 25 | $-0.52 | $-0.44 | ||
| Q2 25 | $-0.34 | $-1.27 | ||
| Q1 25 | $-0.06 | $-0.42 | ||
| Q4 24 | — | $-0.61 | ||
| Q3 24 | $-0.07 | $-0.66 | ||
| Q2 24 | $-0.07 | $-0.52 | ||
| Q1 24 | — | $-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 | — | $124.5M |
| Total DebtLower is stronger | — | $201.1M |
| Stockholders' EquityBook value | $48.1M | $94.9M |
| Total Assets | $57.8M | $386.2M |
| Debt / EquityLower = less leverage | — | 2.12× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $124.5M | ||
| Q3 25 | $41.2M | $146.5M | ||
| Q2 25 | $2.8M | $93.8M | ||
| Q1 25 | $2.0M | $75.8M | ||
| Q4 24 | $32.0K | $52.5M | ||
| Q3 24 | $262 | $63.2M | ||
| Q2 24 | $226 | $41.2M | ||
| Q1 24 | $50 | $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 | $48.1M | $94.9M | ||
| Q3 25 | $50.7M | $91.1M | ||
| Q2 25 | $78.3M | $86.6M | ||
| Q1 25 | $81.8M | $88.8M | ||
| Q4 24 | $82.3M | $94.0M | ||
| Q3 24 | $82.9M | $110.3M | ||
| Q2 24 | $83.2M | $76.5M | ||
| Q1 24 | $83.6M | $81.7M |
| Q4 25 | $57.8M | $386.2M | ||
| Q3 25 | $83.6M | $380.9M | ||
| Q2 25 | $149.7M | $310.8M | ||
| Q1 25 | $152.3M | $284.9M | ||
| Q4 24 | $150.1M | $254.1M | ||
| Q3 24 | $157.3K | $245.5M | ||
| Q2 24 | $159.8K | $224.3M | ||
| Q1 24 | $170.6K | $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 | $1.7M | $-9.3M |
| Free Cash FlowOCF − Capex | $1.7M | — |
| FCF MarginFCF / Revenue | 7.6% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $-9.3M | ||
| Q3 25 | $-4.8M | $-39.0M | ||
| Q2 25 | $2.2M | $-7.3M | ||
| Q1 25 | $1.1M | $27.2M | ||
| Q4 24 | $3.2M | $-1.8M | ||
| Q3 24 | $6.5M | $1.0M | ||
| Q2 24 | $7.3M | $-1.8M | ||
| Q1 24 | $7.4M | $-3.8M |
| Q4 25 | $1.7M | — | ||
| Q3 25 | $-4.9M | — | ||
| Q2 25 | $2.1M | — | ||
| Q1 25 | $1.0M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $6.5M | — | ||
| Q2 24 | $7.3M | — | ||
| Q1 24 | $6.9M | — |
| Q4 25 | 7.6% | — | ||
| Q3 25 | -18.1% | — | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 5.0% | — | ||
| Q4 24 | 10.2% | — | ||
| Q3 24 | 21.7% | — | ||
| Q2 24 | 28.5% | — | ||
| Q1 24 | 28.1% | — |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 2.0% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
BKSY
Segment breakdown not available.
