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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and Clipper Realty Inc. (CLPR). Click either name above to swap in a different company.

Clipper Realty Inc. is the larger business by last-quarter revenue ($37.1M vs $35.2M, roughly 1.1× BlackSky Technology Inc.). BlackSky Technology Inc. runs the higher net margin — -2.5% vs -30.4%, a 27.9% gap on every dollar of revenue. On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs -2.6%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs 1.8%).

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.

Clipper Equity LLC is a partnership led by David Bistricer and Sam Levinson. The firm owns more than 60 buildings, with thousands of residential units, in New York and New Jersey. The partnership are known for their attempted purchase of the Starrett City housing complex in Brooklyn, New York, for $1.3 billion on February 8, 2007, in one of the largest real estate transactions in history. New York's Mayor Michael Bloomberg expressed concerns over the new landlord's history of building violati...

BKSY vs CLPR — Head-to-Head

Bigger by revenue
CLPR
CLPR
1.1× larger
CLPR
$37.1M
$35.2M
BKSY
Growing faster (revenue YoY)
BKSY
BKSY
+18.5% gap
BKSY
15.9%
-2.6%
CLPR
Higher net margin
BKSY
BKSY
27.9% more per $
BKSY
-2.5%
-30.4%
CLPR
Faster 2-yr revenue CAGR
BKSY
BKSY
Annualised
BKSY
20.5%
1.8%
CLPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKSY
BKSY
CLPR
CLPR
Revenue
$35.2M
$37.1M
Net Profit
$-868.0K
$-11.3M
Gross Margin
-5.2%
Operating Margin
-11.8%
21.8%
Net Margin
-2.5%
-30.4%
Revenue YoY
15.9%
-2.6%
Net Profit YoY
95.5%
-938.6%
EPS (diluted)
$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.

Revenue
BKSY
BKSY
CLPR
CLPR
Q4 25
$35.2M
$37.1M
Q3 25
$19.6M
$37.7M
Q2 25
$22.2M
$39.0M
Q1 25
$29.5M
$39.4M
Q4 24
$30.4M
$38.0M
Q3 24
$22.5M
$37.6M
Q2 24
$24.9M
$37.3M
Q1 24
$24.2M
$35.8M
Net Profit
BKSY
BKSY
CLPR
CLPR
Q4 25
$-868.0K
$-11.3M
Q3 25
$-15.3M
$-4.6M
Q2 25
$-41.2M
$-1.4M
Q1 25
$-12.8M
$-35.1M
Q4 24
$-19.4M
$-1.1M
Q3 24
$-12.6M
$-1.1M
Q2 24
$-9.4M
$-1.7M
Q1 24
$-15.8M
$-2.7M
Gross Margin
BKSY
BKSY
CLPR
CLPR
Q4 25
-5.2%
Q3 25
23.6%
Q2 25
27.8%
Q1 25
-34.5%
Q4 24
28.8%
Q3 24
28.6%
Q2 24
26.8%
Q1 24
25.4%
Operating Margin
BKSY
BKSY
CLPR
CLPR
Q4 25
-11.8%
21.8%
Q3 25
-85.8%
23.6%
Q2 25
-62.8%
27.7%
Q1 25
-40.5%
-59.9%
Q4 24
-20.0%
28.1%
Q3 24
-58.7%
28.6%
Q2 24
-47.0%
26.8%
Q1 24
-54.7%
25.4%
Net Margin
BKSY
BKSY
CLPR
CLPR
Q4 25
-2.5%
-30.4%
Q3 25
-78.2%
-12.2%
Q2 25
-185.8%
-3.5%
Q1 25
-43.4%
-89.1%
Q4 24
-63.9%
-2.9%
Q3 24
-55.8%
-2.9%
Q2 24
-37.7%
-4.7%
Q1 24
-65.2%
-7.5%
EPS (diluted)
BKSY
BKSY
CLPR
CLPR
Q4 25
$0.04
Q3 25
$-0.44
Q2 25
$-1.27
Q1 25
$-0.42
Q4 24
$-0.61
Q3 24
$-0.66
Q2 24
$-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
BKSY
BKSY
CLPR
CLPR
Cash + ST InvestmentsLiquidity on hand
$124.5M
$30.8M
Total DebtLower is stronger
$201.1M
Stockholders' EquityBook value
$94.9M
$-30.7M
Total Assets
$386.2M
$1.2B
Debt / EquityLower = less leverage
2.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKSY
BKSY
CLPR
CLPR
Q4 25
$124.5M
$30.8M
Q3 25
$146.5M
$26.1M
Q2 25
$93.8M
$32.0M
Q1 25
$75.8M
$21.3M
Q4 24
$52.5M
$19.9M
Q3 24
$63.2M
$18.6M
Q2 24
$41.2M
$20.3M
Q1 24
$35.4M
$21.9M
Total Debt
BKSY
BKSY
CLPR
CLPR
Q4 25
$201.1M
Q3 25
$195.1M
Q2 25
$122.5M
Q1 25
$115.3M
$1.3B
Q4 24
$107.7M
$1.3B
Q3 24
$98.8M
$1.3B
Q2 24
$108.6M
$1.2B
Q1 24
$85.0M
$1.2B
Stockholders' Equity
BKSY
BKSY
CLPR
CLPR
Q4 25
$94.9M
$-30.7M
Q3 25
$91.1M
$-25.0M
Q2 25
$86.6M
$-21.9M
Q1 25
$88.8M
$-20.1M
Q4 24
$94.0M
$-5.4M
Q3 24
$110.3M
$-3.6M
Q2 24
$76.5M
$-1.8M
Q1 24
$81.7M
$279.0K
Total Assets
BKSY
BKSY
CLPR
CLPR
Q4 25
$386.2M
$1.2B
Q3 25
$380.9M
$1.2B
Q2 25
$310.8M
$1.2B
Q1 25
$284.9M
$1.3B
Q4 24
$254.1M
$1.3B
Q3 24
$245.5M
$1.3B
Q2 24
$224.3M
$1.3B
Q1 24
$210.1M
$1.3B
Debt / Equity
BKSY
BKSY
CLPR
CLPR
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×
4396.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BKSY
BKSY
CLPR
CLPR
Operating Cash FlowLast quarter
$-9.3M
$22.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKSY
BKSY
CLPR
CLPR
Q4 25
$-9.3M
$22.6M
Q3 25
$-39.0M
$1.4M
Q2 25
$-7.3M
$8.4M
Q1 25
$27.2M
$6.7M
Q4 24
$-1.8M
$31.9M
Q3 24
$1.0M
$6.3M
Q2 24
$-1.8M
$8.8M
Q1 24
$-3.8M
$6.3M
Free Cash Flow
BKSY
BKSY
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
$-4.6M
Q4 24
$-37.9M
Q3 24
Q2 24
Q1 24
$-14.7M
FCF Margin
BKSY
BKSY
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
-11.7%
Q4 24
-99.5%
Q3 24
Q2 24
Q1 24
-41.1%
Capex Intensity
BKSY
BKSY
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
28.6%
Q4 24
183.3%
Q3 24
Q2 24
Q1 24
58.6%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BKSY
BKSY

Segment breakdown not available.

CLPR
CLPR

Residential Segment$30.8M83%
Commercial Real Estate$6.2M17%

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