vs

Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.

SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $35.2M, roughly 1.1× BlackSky Technology Inc.). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs -2.5%, a 57.4% gap on every dollar of revenue. On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs 1.1%). Over the past eight quarters, BlackSky Technology Inc.'s revenue compounded faster (20.5% CAGR vs 14.1%).

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.

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

BKSY vs SD — Head-to-Head

Bigger by revenue
SD
SD
1.1× larger
SD
$39.4M
$35.2M
BKSY
Growing faster (revenue YoY)
BKSY
BKSY
+14.9% gap
BKSY
15.9%
1.1%
SD
Higher net margin
SD
SD
57.4% more per $
SD
54.9%
-2.5%
BKSY
Faster 2-yr revenue CAGR
BKSY
BKSY
Annualised
BKSY
20.5%
14.1%
SD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKSY
BKSY
SD
SD
Revenue
$35.2M
$39.4M
Net Profit
$-868.0K
$21.6M
Gross Margin
Operating Margin
-11.8%
38.5%
Net Margin
-2.5%
54.9%
Revenue YoY
15.9%
1.1%
Net Profit YoY
95.5%
23.1%
EPS (diluted)
$0.04
$0.59

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
SD
SD
Q4 25
$35.2M
$39.4M
Q3 25
$19.6M
$39.8M
Q2 25
$22.2M
$34.5M
Q1 25
$29.5M
$42.6M
Q4 24
$30.4M
$39.0M
Q3 24
$22.5M
$30.1M
Q2 24
$24.9M
$26.0M
Q1 24
$24.2M
$30.3M
Net Profit
BKSY
BKSY
SD
SD
Q4 25
$-868.0K
$21.6M
Q3 25
$-15.3M
$16.0M
Q2 25
$-41.2M
$19.6M
Q1 25
$-12.8M
$13.0M
Q4 24
$-19.4M
$17.6M
Q3 24
$-12.6M
$25.5M
Q2 24
$-9.4M
$8.8M
Q1 24
$-15.8M
$11.1M
Operating Margin
BKSY
BKSY
SD
SD
Q4 25
-11.8%
38.5%
Q3 25
-85.8%
37.8%
Q2 25
-62.8%
53.7%
Q1 25
-40.5%
28.6%
Q4 24
-20.0%
25.9%
Q3 24
-58.7%
28.3%
Q2 24
-47.0%
23.9%
Q1 24
-54.7%
27.8%
Net Margin
BKSY
BKSY
SD
SD
Q4 25
-2.5%
54.9%
Q3 25
-78.2%
40.1%
Q2 25
-185.8%
56.6%
Q1 25
-43.4%
30.6%
Q4 24
-63.9%
45.1%
Q3 24
-55.8%
84.8%
Q2 24
-37.7%
33.9%
Q1 24
-65.2%
36.7%
EPS (diluted)
BKSY
BKSY
SD
SD
Q4 25
$0.04
$0.59
Q3 25
$-0.44
$0.43
Q2 25
$-1.27
$0.53
Q1 25
$-0.42
$0.35
Q4 24
$-0.61
$0.46
Q3 24
$-0.66
$0.69
Q2 24
$-0.52
$0.24
Q1 24
$-0.88
$0.30

Balance Sheet & Financial Strength

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

Metric
BKSY
BKSY
SD
SD
Cash + ST InvestmentsLiquidity on hand
$124.5M
$111.0M
Total DebtLower is stronger
$201.1M
Stockholders' EquityBook value
$94.9M
$510.9M
Total Assets
$386.2M
$644.0M
Debt / EquityLower = less leverage
2.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKSY
BKSY
SD
SD
Q4 25
$124.5M
$111.0M
Q3 25
$146.5M
$101.2M
Q2 25
$93.8M
$102.8M
Q1 25
$75.8M
$99.7M
Q4 24
$52.5M
$98.1M
Q3 24
$63.2M
$92.7M
Q2 24
$41.2M
$209.9M
Q1 24
$35.4M
$207.0M
Total Debt
BKSY
BKSY
SD
SD
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
SD
SD
Q4 25
$94.9M
$510.9M
Q3 25
$91.1M
$492.4M
Q2 25
$86.6M
$480.2M
Q1 25
$88.8M
$464.9M
Q4 24
$94.0M
$460.5M
Q3 24
$110.3M
$446.8M
Q2 24
$76.5M
$424.8M
Q1 24
$81.7M
$419.7M
Total Assets
BKSY
BKSY
SD
SD
Q4 25
$386.2M
$644.0M
Q3 25
$380.9M
$619.0M
Q2 25
$310.8M
$602.3M
Q1 25
$284.9M
$588.3M
Q4 24
$254.1M
$581.5M
Q3 24
$245.5M
$565.2M
Q2 24
$224.3M
$529.6M
Q1 24
$210.1M
$527.4M
Debt / Equity
BKSY
BKSY
SD
SD
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
SD
SD
Operating Cash FlowLast quarter
$-9.3M
$31.7M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
36.6%
Capex IntensityCapex / Revenue
43.8%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKSY
BKSY
SD
SD
Q4 25
$-9.3M
$31.7M
Q3 25
$-39.0M
$25.3M
Q2 25
$-7.3M
$22.9M
Q1 25
$27.2M
$20.3M
Q4 24
$-1.8M
$26.0M
Q3 24
$1.0M
$20.8M
Q2 24
$-1.8M
$11.4M
Q1 24
$-3.8M
$15.7M
Free Cash Flow
BKSY
BKSY
SD
SD
Q4 25
$14.4M
Q3 25
$5.9M
Q2 25
$7.3M
Q1 25
$13.9M
Q4 24
$13.2M
Q3 24
$10.8M
Q2 24
$9.0M
Q1 24
$14.6M
FCF Margin
BKSY
BKSY
SD
SD
Q4 25
36.6%
Q3 25
14.9%
Q2 25
21.0%
Q1 25
32.7%
Q4 24
33.8%
Q3 24
36.1%
Q2 24
34.5%
Q1 24
48.1%
Capex Intensity
BKSY
BKSY
SD
SD
Q4 25
43.8%
Q3 25
48.6%
Q2 25
45.2%
Q1 25
15.0%
Q4 24
32.9%
Q3 24
33.3%
Q2 24
9.4%
Q1 24
3.7%
Cash Conversion
BKSY
BKSY
SD
SD
Q4 25
1.46×
Q3 25
1.58×
Q2 25
1.17×
Q1 25
1.56×
Q4 24
1.48×
Q3 24
0.82×
Q2 24
1.30×
Q1 24
1.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BKSY
BKSY

Segment breakdown not available.

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

Related Comparisons