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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and ROCKWELL MEDICAL, INC. (RMTI). Click either name above to swap in a different company.
BlackSky Technology Inc. is the larger business by last-quarter revenue ($35.2M vs $18.3M, roughly 1.9× ROCKWELL MEDICAL, INC.). BlackSky Technology Inc. runs the higher net margin — -2.5% vs -3.0%, a 0.6% gap on every dollar of revenue. On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs -25.6%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs -10.1%).
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.
Rockwell Medical Inc. is a publicly traded pharmaceutical company based in Wixom, Michigan and founded in 1996 that focuses on development and commercialization of treatments against diseases such as end-stage renal disease (ESRD) and chronic kidney disease (CKD).
BKSY vs RMTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $18.3M |
| Net Profit | $-868.0K | $-554.0K |
| Gross Margin | — | 21.1% |
| Operating Margin | -11.8% | -2.2% |
| Net Margin | -2.5% | -3.0% |
| Revenue YoY | 15.9% | -25.6% |
| Net Profit YoY | 95.5% | 26.7% |
| EPS (diluted) | $0.04 | $-0.01 |
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.
| Q4 25 | $35.2M | $18.3M | ||
| Q3 25 | $19.6M | $15.9M | ||
| Q2 25 | $22.2M | $16.1M | ||
| Q1 25 | $29.5M | $18.9M | ||
| Q4 24 | $30.4M | $24.7M | ||
| Q3 24 | $22.5M | $28.3M | ||
| Q2 24 | $24.9M | $25.8M | ||
| Q1 24 | $24.2M | $22.7M |
| Q4 25 | $-868.0K | $-554.0K | ||
| Q3 25 | $-15.3M | $-1.8M | ||
| Q2 25 | $-41.2M | $-1.5M | ||
| Q1 25 | $-12.8M | $-1.5M | ||
| Q4 24 | $-19.4M | $-756.0K | ||
| Q3 24 | $-12.6M | $1.7M | ||
| Q2 24 | $-9.4M | $343.0K | ||
| Q1 24 | $-15.8M | $-1.7M |
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | 15.6% | ||
| Q1 25 | — | 16.1% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 22.0% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 13.5% |
| Q4 25 | -11.8% | -2.2% | ||
| Q3 25 | -85.8% | -9.9% | ||
| Q2 25 | -62.8% | -8.4% | ||
| Q1 25 | -40.5% | -7.2% | ||
| Q4 24 | -20.0% | -2.1% | ||
| Q3 24 | -58.7% | 6.8% | ||
| Q2 24 | -47.0% | 2.0% | ||
| Q1 24 | -54.7% | -5.8% |
| Q4 25 | -2.5% | -3.0% | ||
| Q3 25 | -78.2% | -11.0% | ||
| Q2 25 | -185.8% | -9.3% | ||
| Q1 25 | -43.4% | -8.0% | ||
| Q4 24 | -63.9% | -3.1% | ||
| Q3 24 | -55.8% | 5.9% | ||
| Q2 24 | -37.7% | 1.3% | ||
| Q1 24 | -65.2% | -7.6% |
| Q4 25 | $0.04 | $-0.01 | ||
| Q3 25 | $-0.44 | $-0.05 | ||
| Q2 25 | $-1.27 | $-0.05 | ||
| Q1 25 | $-0.42 | $-0.04 | ||
| Q4 24 | $-0.61 | $-0.02 | ||
| Q3 24 | $-0.66 | $0.04 | ||
| Q2 24 | $-0.52 | $0.01 | ||
| Q1 24 | $-0.88 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $124.5M | $10.7M |
| Total DebtLower is stronger | $201.1M | — |
| Stockholders' EquityBook value | $94.9M | $37.0M |
| Total Assets | $386.2M | $57.1M |
| Debt / EquityLower = less leverage | 2.12× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $124.5M | $10.7M | ||
| Q3 25 | $146.5M | $13.6M | ||
| Q2 25 | $93.8M | $12.5M | ||
| Q1 25 | $75.8M | $11.4M | ||
| Q4 24 | $52.5M | $15.7M | ||
| Q3 24 | $63.2M | $12.3M | ||
| Q2 24 | $41.2M | $11.9M | ||
| Q1 24 | $35.4M | $6.6M |
| 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 | — |
| Q4 25 | $94.9M | $37.0M | ||
| Q3 25 | $91.1M | $37.0M | ||
| Q2 25 | $86.6M | $30.4M | ||
| Q1 25 | $88.8M | $31.5M | ||
| Q4 24 | $94.0M | $32.6M | ||
| Q3 24 | $110.3M | $29.1M | ||
| Q2 24 | $76.5M | $23.5M | ||
| Q1 24 | $81.7M | $20.6M |
| Q4 25 | $386.2M | $57.1M | ||
| Q3 25 | $380.9M | $57.5M | ||
| Q2 25 | $310.8M | $52.6M | ||
| Q1 25 | $284.9M | $54.0M | ||
| Q4 24 | $254.1M | $59.2M | ||
| Q3 24 | $245.5M | $57.1M | ||
| Q2 24 | $224.3M | $53.0M | ||
| Q1 24 | $210.1M | $50.7M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-9.3M | $2.3M |
| Free Cash FlowOCF − Capex | — | $2.2M |
| FCF MarginFCF / Revenue | — | 12.0% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-1.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.3M | $2.3M | ||
| Q3 25 | $-39.0M | $-1.3M | ||
| Q2 25 | $-7.3M | $1.8M | ||
| Q1 25 | $27.2M | $-3.5M | ||
| Q4 24 | $-1.8M | $865.0K | ||
| Q3 24 | $1.0M | $4.3M | ||
| Q2 24 | $-1.8M | $1.4M | ||
| Q1 24 | $-3.8M | $-2.4M |
| Q4 25 | — | $2.2M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | $1.7M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | — | $470.0K | ||
| Q3 24 | — | $4.1M | ||
| Q2 24 | — | $1.2M | ||
| Q1 24 | — | $-2.5M |
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | -9.6% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | -18.8% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 14.4% | ||
| Q2 24 | — | 4.5% | ||
| Q1 24 | — | -11.1% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.57× | ||
| Q2 24 | — | 4.20× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BKSY
Segment breakdown not available.
RMTI
| US | $15.9M | 87% |
| Non Us | $2.4M | 13% |
