vs

Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and Caledonia Mining Corp Plc (CMCL). Click either name above to swap in a different company.

Caledonia Mining Corp Plc is the larger business by last-quarter revenue ($46.9M vs $35.2M, roughly 1.3× BlackSky Technology Inc.). Caledonia Mining Corp Plc runs the higher net margin — 7.0% vs -2.5%, a 9.5% gap on every dollar of revenue. On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs 13.8%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs 17.1%).

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.

Hochschild Mining plc is a leading British-based silver and gold mining business operating in North, Central, and South America. It is headquartered in Lima, Peru, with a corporate office in London, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The main shareholder is the Peruvian businessman Eduardo Hochschild.

BKSY vs CMCL — Head-to-Head

Bigger by revenue
CMCL
CMCL
1.3× larger
CMCL
$46.9M
$35.2M
BKSY
Growing faster (revenue YoY)
BKSY
BKSY
+2.2% gap
BKSY
15.9%
13.8%
CMCL
Higher net margin
CMCL
CMCL
9.5% more per $
CMCL
7.0%
-2.5%
BKSY
Faster 2-yr revenue CAGR
BKSY
BKSY
Annualised
BKSY
20.5%
17.1%
CMCL

Income Statement — Q4 FY2025 vs Q3 FY2024

Metric
BKSY
BKSY
CMCL
CMCL
Revenue
$35.2M
$46.9M
Net Profit
$-868.0K
$3.3M
Gross Margin
41.2%
Operating Margin
-11.8%
18.6%
Net Margin
-2.5%
7.0%
Revenue YoY
15.9%
13.8%
Net Profit YoY
95.5%
-33.3%
EPS (diluted)
$0.04
$0.13

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
CMCL
CMCL
Q4 25
$35.2M
Q3 25
$19.6M
Q2 25
$22.2M
Q1 25
$29.5M
Q4 24
$30.4M
Q3 24
$22.5M
$46.9M
Q2 24
$24.9M
$50.1M
Q1 24
$24.2M
$38.5M
Net Profit
BKSY
BKSY
CMCL
CMCL
Q4 25
$-868.0K
Q3 25
$-15.3M
Q2 25
$-41.2M
Q1 25
$-12.8M
Q4 24
$-19.4M
Q3 24
$-12.6M
$3.3M
Q2 24
$-9.4M
$10.2M
Q1 24
$-15.8M
$2.1M
Gross Margin
BKSY
BKSY
CMCL
CMCL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
41.2%
Q2 24
45.8%
Q1 24
35.9%
Operating Margin
BKSY
BKSY
CMCL
CMCL
Q4 25
-11.8%
Q3 25
-85.8%
Q2 25
-62.8%
Q1 25
-40.5%
Q4 24
-20.0%
Q3 24
-58.7%
18.6%
Q2 24
-47.0%
32.2%
Q1 24
-54.7%
13.8%
Net Margin
BKSY
BKSY
CMCL
CMCL
Q4 25
-2.5%
Q3 25
-78.2%
Q2 25
-185.8%
Q1 25
-43.4%
Q4 24
-63.9%
Q3 24
-55.8%
7.0%
Q2 24
-37.7%
20.3%
Q1 24
-65.2%
5.4%
EPS (diluted)
BKSY
BKSY
CMCL
CMCL
Q4 25
$0.04
Q3 25
$-0.44
Q2 25
$-1.27
Q1 25
$-0.42
Q4 24
$-0.61
Q3 24
$-0.66
$0.13
Q2 24
$-0.52
$0.42
Q1 24
$-0.88
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKSY
BKSY
CMCL
CMCL
Cash + ST InvestmentsLiquidity on hand
$124.5M
$7.2M
Total DebtLower is stronger
$201.1M
Stockholders' EquityBook value
$94.9M
$231.0M
Total Assets
$386.2M
$339.7M
Debt / EquityLower = less leverage
2.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKSY
BKSY
CMCL
CMCL
Q4 25
$124.5M
Q3 25
$146.5M
Q2 25
$93.8M
Q1 25
$75.8M
Q4 24
$52.5M
Q3 24
$63.2M
$7.2M
Q2 24
$41.2M
$15.4M
Q1 24
$35.4M
$1.8M
Total Debt
BKSY
BKSY
CMCL
CMCL
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
Stockholders' Equity
BKSY
BKSY
CMCL
CMCL
Q4 25
$94.9M
Q3 25
$91.1M
Q2 25
$86.6M
Q1 25
$88.8M
Q4 24
$94.0M
Q3 24
$110.3M
$231.0M
Q2 24
$76.5M
$231.1M
Q1 24
$81.7M
$220.3M
Total Assets
BKSY
BKSY
CMCL
CMCL
Q4 25
$386.2M
Q3 25
$380.9M
Q2 25
$310.8M
Q1 25
$284.9M
Q4 24
$254.1M
Q3 24
$245.5M
$339.7M
Q2 24
$224.3M
$338.5M
Q1 24
$210.1M
$321.8M
Debt / Equity
BKSY
BKSY
CMCL
CMCL
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
BKSY
BKSY
CMCL
CMCL
Operating Cash FlowLast quarter
$-9.3M
$4.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKSY
BKSY
CMCL
CMCL
Q4 25
$-9.3M
Q3 25
$-39.0M
Q2 25
$-7.3M
Q1 25
$27.2M
Q4 24
$-1.8M
Q3 24
$1.0M
$4.6M
Q2 24
$-1.8M
$19.1M
Q1 24
$-3.8M
Cash Conversion
BKSY
BKSY
CMCL
CMCL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.40×
Q2 24
1.87×
Q1 24

Financial Flow Comparison

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

Related Comparisons