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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and Ginkgo Bioworks Holdings, Inc. (DNA). Click either name above to swap in a different company.

BlackSky Technology Inc. is the larger business by last-quarter revenue ($35.2M vs $33.4M, roughly 1.1× Ginkgo Bioworks Holdings, Inc.). On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs -23.8%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs -6.2%).

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.

Ginkgo Bioworks Holdings, Inc. is an American biotech company founded in 2008 by five scientists from MIT, headed by Jason Kelly. The company specializes in using genetic engineering to produce bacteria with industrial applications for other biotech companies, saving other companies the cost of reproducing the initial stages of design in synthetic biology. The self-proclaimed "Organism Company" was one of the world's largest privately held biotech companies, valued at $4.2 billion in 2019. It...

BKSY vs DNA — Head-to-Head

Bigger by revenue
BKSY
BKSY
1.1× larger
BKSY
$35.2M
$33.4M
DNA
Growing faster (revenue YoY)
BKSY
BKSY
+39.8% gap
BKSY
15.9%
-23.8%
DNA
Faster 2-yr revenue CAGR
BKSY
BKSY
Annualised
BKSY
20.5%
-6.2%
DNA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKSY
BKSY
DNA
DNA
Revenue
$35.2M
$33.4M
Net Profit
$-868.0K
Gross Margin
Operating Margin
-11.8%
-211.9%
Net Margin
-2.5%
Revenue YoY
15.9%
-23.8%
Net Profit YoY
95.5%
EPS (diluted)
$0.04
$-1.41

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
DNA
DNA
Q4 25
$35.2M
$33.4M
Q3 25
$19.6M
$38.8M
Q2 25
$22.2M
$49.6M
Q1 25
$29.5M
$48.3M
Q4 24
$30.4M
$43.8M
Q3 24
$22.5M
$89.0M
Q2 24
$24.9M
$56.2M
Q1 24
$24.2M
$37.9M
Net Profit
BKSY
BKSY
DNA
DNA
Q4 25
$-868.0K
Q3 25
$-15.3M
$-80.8M
Q2 25
$-41.2M
$-60.3M
Q1 25
$-12.8M
$-91.0M
Q4 24
$-19.4M
Q3 24
$-12.6M
$-56.4M
Q2 24
$-9.4M
$-217.2M
Q1 24
$-15.8M
$-165.9M
Operating Margin
BKSY
BKSY
DNA
DNA
Q4 25
-11.8%
-211.9%
Q3 25
-85.8%
-231.8%
Q2 25
-62.8%
-132.1%
Q1 25
-40.5%
-184.1%
Q4 24
-20.0%
-236.3%
Q3 24
-58.7%
-62.0%
Q2 24
-47.0%
-396.7%
Q1 24
-54.7%
-469.1%
Net Margin
BKSY
BKSY
DNA
DNA
Q4 25
-2.5%
Q3 25
-78.2%
-207.9%
Q2 25
-185.8%
-121.6%
Q1 25
-43.4%
-188.2%
Q4 24
-63.9%
Q3 24
-55.8%
-63.3%
Q2 24
-37.7%
-386.4%
Q1 24
-65.2%
-437.3%
EPS (diluted)
BKSY
BKSY
DNA
DNA
Q4 25
$0.04
$-1.41
Q3 25
$-0.44
$-1.45
Q2 25
$-1.27
$-1.10
Q1 25
$-0.42
$-1.68
Q4 24
$-0.61
$-1.91
Q3 24
$-0.66
$-1.08
Q2 24
$-0.52
$-4.23
Q1 24
$-0.88
$-3.32

Balance Sheet & Financial Strength

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

Metric
BKSY
BKSY
DNA
DNA
Cash + ST InvestmentsLiquidity on hand
$124.5M
$422.6M
Total DebtLower is stronger
$201.1M
Stockholders' EquityBook value
$94.9M
$508.6M
Total Assets
$386.2M
$1.1B
Debt / EquityLower = less leverage
2.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKSY
BKSY
DNA
DNA
Q4 25
$124.5M
$422.6M
Q3 25
$146.5M
$495.5M
Q2 25
$93.8M
$559.4M
Q1 25
$75.8M
$325.3M
Q4 24
$52.5M
$561.6M
Q3 24
$63.2M
$616.2M
Q2 24
$41.2M
$730.4M
Q1 24
$35.4M
$840.4M
Total Debt
BKSY
BKSY
DNA
DNA
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
DNA
DNA
Q4 25
$94.9M
$508.6M
Q3 25
$91.1M
$559.8M
Q2 25
$86.6M
$613.0M
Q1 25
$88.8M
$647.4M
Q4 24
$94.0M
$716.1M
Q3 24
$110.3M
$797.9M
Q2 24
$76.5M
$833.1M
Q1 24
$81.7M
$987.3M
Total Assets
BKSY
BKSY
DNA
DNA
Q4 25
$386.2M
$1.1B
Q3 25
$380.9M
$1.2B
Q2 25
$310.8M
$1.2B
Q1 25
$284.9M
$1.3B
Q4 24
$254.1M
$1.4B
Q3 24
$245.5M
$1.5B
Q2 24
$224.3M
$1.6B
Q1 24
$210.1M
$1.6B
Debt / Equity
BKSY
BKSY
DNA
DNA
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
DNA
DNA
Operating Cash FlowLast quarter
$-9.3M
$-47.7M
Free Cash FlowOCF − Capex
$-47.7M
FCF MarginFCF / Revenue
-142.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKSY
BKSY
DNA
DNA
Q4 25
$-9.3M
$-47.7M
Q3 25
$-39.0M
$-31.6M
Q2 25
$-7.3M
$-40.3M
Q1 25
$27.2M
$-51.5M
Q4 24
$-1.8M
$-42.4M
Q3 24
$1.0M
$-103.5M
Q2 24
$-1.8M
$-84.4M
Q1 24
$-3.8M
$-89.3M
Free Cash Flow
BKSY
BKSY
DNA
DNA
Q4 25
$-47.7M
Q3 25
Q2 25
$-40.3M
Q1 25
$-59.1M
Q4 24
$-56.1M
Q3 24
$-118.6M
Q2 24
$-111.4M
Q1 24
$-96.0M
FCF Margin
BKSY
BKSY
DNA
DNA
Q4 25
-142.8%
Q3 25
Q2 25
-81.2%
Q1 25
-122.4%
Q4 24
-128.0%
Q3 24
-133.2%
Q2 24
-198.2%
Q1 24
-252.9%
Capex Intensity
BKSY
BKSY
DNA
DNA
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
15.8%
Q4 24
31.3%
Q3 24
16.9%
Q2 24
48.1%
Q1 24
17.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

BKSY
BKSY

Segment breakdown not available.

DNA
DNA

Cell Engineering Segment$26.0M78%
Other$7.4M22%

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