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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and First Bancorp, Inc (FNLC). Click either name above to swap in a different company.

BlackSky Technology Inc. is the larger business by last-quarter revenue ($35.2M vs $25.8M, roughly 1.4× First Bancorp, Inc). First Bancorp, Inc runs the higher net margin — 39.4% vs -2.5%, a 41.8% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs 15.9%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs 18.1%).

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.

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

BKSY vs FNLC — Head-to-Head

Bigger by revenue
BKSY
BKSY
1.4× larger
BKSY
$35.2M
$25.8M
FNLC
Growing faster (revenue YoY)
FNLC
FNLC
+1.6% gap
FNLC
17.5%
15.9%
BKSY
Higher net margin
FNLC
FNLC
41.8% more per $
FNLC
39.4%
-2.5%
BKSY
Faster 2-yr revenue CAGR
BKSY
BKSY
Annualised
BKSY
20.5%
18.1%
FNLC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKSY
BKSY
FNLC
FNLC
Revenue
$35.2M
$25.8M
Net Profit
$-868.0K
$10.2M
Gross Margin
Operating Margin
-11.8%
48.1%
Net Margin
-2.5%
39.4%
Revenue YoY
15.9%
17.5%
Net Profit YoY
95.5%
39.7%
EPS (diluted)
$0.04
$0.91

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
FNLC
FNLC
Q4 25
$35.2M
$25.8M
Q3 25
$19.6M
$24.5M
Q2 25
$22.2M
$22.5M
Q1 25
$29.5M
$21.8M
Q4 24
$30.4M
$22.0M
Q3 24
$22.5M
$20.5M
Q2 24
$24.9M
$19.2M
Q1 24
$24.2M
$18.5M
Net Profit
BKSY
BKSY
FNLC
FNLC
Q4 25
$-868.0K
$10.2M
Q3 25
$-15.3M
$9.1M
Q2 25
$-41.2M
$8.1M
Q1 25
$-12.8M
$7.1M
Q4 24
$-19.4M
$7.3M
Q3 24
$-12.6M
$7.6M
Q2 24
$-9.4M
$6.2M
Q1 24
$-15.8M
$6.0M
Operating Margin
BKSY
BKSY
FNLC
FNLC
Q4 25
-11.8%
48.1%
Q3 25
-85.8%
45.2%
Q2 25
-62.8%
43.7%
Q1 25
-40.5%
39.3%
Q4 24
-20.0%
39.5%
Q3 24
-58.7%
44.6%
Q2 24
-47.0%
38.8%
Q1 24
-54.7%
39.3%
Net Margin
BKSY
BKSY
FNLC
FNLC
Q4 25
-2.5%
39.4%
Q3 25
-78.2%
37.0%
Q2 25
-185.8%
35.8%
Q1 25
-43.4%
32.5%
Q4 24
-63.9%
33.1%
Q3 24
-55.8%
36.9%
Q2 24
-37.7%
32.1%
Q1 24
-65.2%
32.5%
EPS (diluted)
BKSY
BKSY
FNLC
FNLC
Q4 25
$0.04
$0.91
Q3 25
$-0.44
$0.81
Q2 25
$-1.27
$0.72
Q1 25
$-0.42
$0.63
Q4 24
$-0.61
$0.66
Q3 24
$-0.66
$0.68
Q2 24
$-0.52
$0.55
Q1 24
$-0.88
$0.54

Balance Sheet & Financial Strength

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

Metric
BKSY
BKSY
FNLC
FNLC
Cash + ST InvestmentsLiquidity on hand
$124.5M
Total DebtLower is stronger
$201.1M
$95.5M
Stockholders' EquityBook value
$94.9M
$283.1M
Total Assets
$386.2M
$3.2B
Debt / EquityLower = less leverage
2.12×
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKSY
BKSY
FNLC
FNLC
Q4 25
$124.5M
Q3 25
$146.5M
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
FNLC
FNLC
Q4 25
$201.1M
$95.5M
Q3 25
$195.1M
$95.5M
Q2 25
$122.5M
$95.0M
Q1 25
$115.3M
$70.0M
Q4 24
$107.7M
$95.0M
Q3 24
$98.8M
$95.0M
Q2 24
$108.6M
$70.0M
Q1 24
$85.0M
$70.0M
Stockholders' Equity
BKSY
BKSY
FNLC
FNLC
Q4 25
$94.9M
$283.1M
Q3 25
$91.1M
$274.6M
Q2 25
$86.6M
$265.5M
Q1 25
$88.8M
$259.7M
Q4 24
$94.0M
$252.5M
Q3 24
$110.3M
$256.8M
Q2 24
$76.5M
$244.7M
Q1 24
$81.7M
$242.6M
Total Assets
BKSY
BKSY
FNLC
FNLC
Q4 25
$386.2M
$3.2B
Q3 25
$380.9M
$3.2B
Q2 25
$310.8M
$3.2B
Q1 25
$284.9M
$3.2B
Q4 24
$254.1M
$3.2B
Q3 24
$245.5M
$3.1B
Q2 24
$224.3M
$3.1B
Q1 24
$210.1M
$3.0B
Debt / Equity
BKSY
BKSY
FNLC
FNLC
Q4 25
2.12×
0.34×
Q3 25
2.14×
0.35×
Q2 25
1.41×
0.36×
Q1 25
1.30×
0.27×
Q4 24
1.15×
0.38×
Q3 24
0.90×
0.37×
Q2 24
1.42×
0.29×
Q1 24
1.04×
0.29×

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
FNLC
FNLC
Operating Cash FlowLast quarter
$-9.3M
$37.8M
Free Cash FlowOCF − Capex
$34.6M
FCF MarginFCF / Revenue
133.9%
Capex IntensityCapex / Revenue
12.5%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$55.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKSY
BKSY
FNLC
FNLC
Q4 25
$-9.3M
$37.8M
Q3 25
$-39.0M
$12.9M
Q2 25
$-7.3M
$7.4M
Q1 25
$27.2M
$2.2M
Q4 24
$-1.8M
$26.0M
Q3 24
$1.0M
$9.8M
Q2 24
$-1.8M
$6.4M
Q1 24
$-3.8M
$-1.5M
Free Cash Flow
BKSY
BKSY
FNLC
FNLC
Q4 25
$34.6M
Q3 25
$12.6M
Q2 25
$7.2M
Q1 25
$828.0K
Q4 24
$24.6M
Q3 24
$9.6M
Q2 24
$6.3M
Q1 24
$-1.8M
FCF Margin
BKSY
BKSY
FNLC
FNLC
Q4 25
133.9%
Q3 25
51.4%
Q2 25
32.1%
Q1 25
3.8%
Q4 24
111.7%
Q3 24
47.0%
Q2 24
32.9%
Q1 24
-9.8%
Capex Intensity
BKSY
BKSY
FNLC
FNLC
Q4 25
12.5%
Q3 25
1.2%
Q2 25
0.6%
Q1 25
6.2%
Q4 24
6.7%
Q3 24
0.5%
Q2 24
0.3%
Q1 24
1.8%
Cash Conversion
BKSY
BKSY
FNLC
FNLC
Q4 25
3.72×
Q3 25
1.42×
Q2 25
0.91×
Q1 25
0.31×
Q4 24
3.58×
Q3 24
1.29×
Q2 24
1.03×
Q1 24
-0.25×

Financial Flow Comparison

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

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