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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and ELBIT SYSTEMS LTD (ESLT). Click either name above to swap in a different company.

BlackSky Technology Inc. is the larger business by last-quarter revenue ($35.2M vs $5.8M, roughly 6.1× ELBIT SYSTEMS LTD). ELBIT SYSTEMS LTD runs the higher net margin — 6.3% vs -2.5%, a 8.8% gap on every dollar of revenue.

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.

Elbit Systems Ltd. is an Israel-based international military technology company and defense contractor. Founded in 1966 by Elron, Elbit Systems is the primary provider of the Israeli military's land-based equipment and unmanned aerial vehicles. It is an important company within the defense industry of Israel.

BKSY vs ESLT — Head-to-Head

Bigger by revenue
BKSY
BKSY
6.1× larger
BKSY
$35.2M
$5.8M
ESLT
Higher net margin
ESLT
ESLT
8.8% more per $
ESLT
6.3%
-2.5%
BKSY

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BKSY
BKSY
ESLT
ESLT
Revenue
$35.2M
$5.8M
Net Profit
$-868.0K
$367.1K
Gross Margin
24.3%
Operating Margin
-11.8%
8.3%
Net Margin
-2.5%
6.3%
Revenue YoY
15.9%
Net Profit YoY
95.5%
EPS (diluted)
$0.04
$7.85

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
ESLT
ESLT
Q4 25
$35.2M
Q3 25
$19.6M
$5.8M
Q2 25
$22.2M
Q1 25
$29.5M
Q4 24
$30.4M
Q3 24
$22.5M
Q2 24
$24.9M
Q1 24
$24.2M
Net Profit
BKSY
BKSY
ESLT
ESLT
Q4 25
$-868.0K
Q3 25
$-15.3M
$367.1K
Q2 25
$-41.2M
Q1 25
$-12.8M
Q4 24
$-19.4M
Q3 24
$-12.6M
Q2 24
$-9.4M
Q1 24
$-15.8M
Gross Margin
BKSY
BKSY
ESLT
ESLT
Q4 25
Q3 25
24.3%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BKSY
BKSY
ESLT
ESLT
Q4 25
-11.8%
Q3 25
-85.8%
8.3%
Q2 25
-62.8%
Q1 25
-40.5%
Q4 24
-20.0%
Q3 24
-58.7%
Q2 24
-47.0%
Q1 24
-54.7%
Net Margin
BKSY
BKSY
ESLT
ESLT
Q4 25
-2.5%
Q3 25
-78.2%
6.3%
Q2 25
-185.8%
Q1 25
-43.4%
Q4 24
-63.9%
Q3 24
-55.8%
Q2 24
-37.7%
Q1 24
-65.2%
EPS (diluted)
BKSY
BKSY
ESLT
ESLT
Q4 25
$0.04
Q3 25
$-0.44
$7.85
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
ESLT
ESLT
Cash + ST InvestmentsLiquidity on hand
$124.5M
$265.4K
Total DebtLower is stronger
$201.1M
$90.7K
Stockholders' EquityBook value
$94.9M
$3.3M
Total Assets
$386.2M
$11.0M
Debt / EquityLower = less leverage
2.12×
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKSY
BKSY
ESLT
ESLT
Q4 25
$124.5M
Q3 25
$146.5M
$265.4K
Q2 25
$93.8M
Q1 25
$75.8M
Q4 24
$52.5M
Q3 24
$63.2M
Q2 24
$41.2M
Q1 24
$35.4M
Total Debt
BKSY
BKSY
ESLT
ESLT
Q4 25
$201.1M
Q3 25
$195.1M
$90.7K
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
ESLT
ESLT
Q4 25
$94.9M
Q3 25
$91.1M
$3.3M
Q2 25
$86.6M
Q1 25
$88.8M
Q4 24
$94.0M
Q3 24
$110.3M
Q2 24
$76.5M
Q1 24
$81.7M
Total Assets
BKSY
BKSY
ESLT
ESLT
Q4 25
$386.2M
Q3 25
$380.9M
$11.0M
Q2 25
$310.8M
Q1 25
$284.9M
Q4 24
$254.1M
Q3 24
$245.5M
Q2 24
$224.3M
Q1 24
$210.1M
Debt / Equity
BKSY
BKSY
ESLT
ESLT
Q4 25
2.12×
Q3 25
2.14×
0.03×
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
ESLT
ESLT
Operating Cash FlowLast quarter
$-9.3M
$534.6K
Free Cash FlowOCF − Capex
$319.6K
FCF MarginFCF / Revenue
5.5%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKSY
BKSY
ESLT
ESLT
Q4 25
$-9.3M
Q3 25
$-39.0M
$534.6K
Q2 25
$-7.3M
Q1 25
$27.2M
Q4 24
$-1.8M
Q3 24
$1.0M
Q2 24
$-1.8M
Q1 24
$-3.8M
Free Cash Flow
BKSY
BKSY
ESLT
ESLT
Q4 25
Q3 25
$319.6K
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
BKSY
BKSY
ESLT
ESLT
Q4 25
Q3 25
5.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
BKSY
BKSY
ESLT
ESLT
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
BKSY
BKSY
ESLT
ESLT
Q4 25
Q3 25
1.46×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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