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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and Snail, Inc. (SNAL). Click either name above to swap in a different company.
BlackSky Technology Inc. is the larger business by last-quarter revenue ($35.2M vs $25.1M, roughly 1.4× Snail, Inc.). BlackSky Technology Inc. runs the higher net margin — -2.5% vs -3.4%, a 1.0% gap on every dollar of revenue. On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs -4.2%). Over the past eight quarters, Snail, Inc.'s revenue compounded faster (33.4% CAGR vs 20.5%).
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.
Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....
BKSY vs SNAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $25.1M |
| Net Profit | $-868.0K | $-862.2K |
| Gross Margin | — | 38.3% |
| Operating Margin | -11.8% | -6.0% |
| Net Margin | -2.5% | -3.4% |
| Revenue YoY | 15.9% | -4.2% |
| Net Profit YoY | 95.5% | -177.0% |
| EPS (diluted) | $0.04 | — |
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 | $25.1M | ||
| Q3 25 | $19.6M | $13.8M | ||
| Q2 25 | $22.2M | $22.2M | ||
| Q1 25 | $29.5M | $20.1M | ||
| Q4 24 | $30.4M | $26.2M | ||
| Q3 24 | $22.5M | $22.5M | ||
| Q2 24 | $24.9M | $21.6M | ||
| Q1 24 | $24.2M | $14.1M |
| Q4 25 | $-868.0K | $-862.2K | ||
| Q3 25 | $-15.3M | $-7.9M | ||
| Q2 25 | $-41.2M | $-16.6M | ||
| Q1 25 | $-12.8M | $-1.9M | ||
| Q4 24 | $-19.4M | $1.1M | ||
| Q3 24 | $-12.6M | $235.1K | ||
| Q2 24 | $-9.4M | $2.3M | ||
| Q1 24 | $-15.8M | $-1.8M |
| Q4 25 | — | 38.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 31.3% | ||
| Q1 25 | — | 29.1% | ||
| Q4 24 | — | 43.3% | ||
| Q3 24 | — | 38.6% | ||
| Q2 24 | — | 37.5% | ||
| Q1 24 | — | 14.7% |
| Q4 25 | -11.8% | -6.0% | ||
| Q3 25 | -85.8% | -71.3% | ||
| Q2 25 | -62.8% | -8.2% | ||
| Q1 25 | -40.5% | -20.4% | ||
| Q4 24 | -20.0% | 11.5% | ||
| Q3 24 | -58.7% | 1.8% | ||
| Q2 24 | -47.0% | 12.4% | ||
| Q1 24 | -54.7% | -15.6% |
| Q4 25 | -2.5% | -3.4% | ||
| Q3 25 | -78.2% | -56.9% | ||
| Q2 25 | -185.8% | -74.7% | ||
| Q1 25 | -43.4% | -9.7% | ||
| Q4 24 | -63.9% | 4.3% | ||
| Q3 24 | -55.8% | 1.0% | ||
| Q2 24 | -37.7% | 10.4% | ||
| Q1 24 | -65.2% | -12.6% |
| Q4 25 | $0.04 | — | ||
| Q3 25 | $-0.44 | — | ||
| Q2 25 | $-1.27 | $-0.44 | ||
| Q1 25 | $-0.42 | $-0.06 | ||
| Q4 24 | $-0.61 | $0.03 | ||
| Q3 24 | $-0.66 | $0.01 | ||
| Q2 24 | $-0.52 | $0.06 | ||
| Q1 24 | $-0.88 | $-0.05 |
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 | $8.6M |
| Total DebtLower is stronger | $201.1M | $14.6M |
| Stockholders' EquityBook value | $94.9M | $-16.4M |
| Total Assets | $386.2M | $59.3M |
| Debt / EquityLower = less leverage | 2.12× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $124.5M | $8.6M | ||
| Q3 25 | $146.5M | $12.3M | ||
| Q2 25 | $93.8M | $7.9M | ||
| Q1 25 | $75.8M | $9.4M | ||
| Q4 24 | $52.5M | $7.3M | ||
| Q3 24 | $63.2M | $10.6M | ||
| Q2 24 | $41.2M | $15.5M | ||
| Q1 24 | $35.4M | $16.1M |
| Q4 25 | $201.1M | $14.6M | ||
| Q3 25 | $195.1M | $10.5M | ||
| Q2 25 | $122.5M | $11.8M | ||
| Q1 25 | $115.3M | $9.0M | ||
| Q4 24 | $107.7M | $5.7M | ||
| Q3 24 | $98.8M | $5.7M | ||
| Q2 24 | $108.6M | $5.8M | ||
| Q1 24 | $85.0M | $6.5M |
| Q4 25 | $94.9M | $-16.4M | ||
| Q3 25 | $91.1M | $-15.6M | ||
| Q2 25 | $86.6M | $-8.0M | ||
| Q1 25 | $88.8M | $9.1M | ||
| Q4 24 | $94.0M | $9.7M | ||
| Q3 24 | $110.3M | $8.2M | ||
| Q2 24 | $76.5M | $7.9M | ||
| Q1 24 | $81.7M | $5.6M |
| Q4 25 | $386.2M | $59.3M | ||
| Q3 25 | $380.9M | $51.1M | ||
| Q2 25 | $310.8M | $58.0M | ||
| Q1 25 | $284.9M | $64.5M | ||
| Q4 24 | $254.1M | $62.2M | ||
| Q3 24 | $245.5M | $66.8M | ||
| Q2 24 | $224.3M | $75.4M | ||
| Q1 24 | $210.1M | $78.3M |
| Q4 25 | 2.12× | — | ||
| Q3 25 | 2.14× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.30× | 0.99× | ||
| Q4 24 | 1.15× | 0.59× | ||
| Q3 24 | 0.90× | 0.70× | ||
| Q2 24 | 1.42× | 0.73× | ||
| Q1 24 | 1.04× | 1.16× |
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 | $-5.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.3M | $-5.3M | ||
| Q3 25 | $-39.0M | $6.6M | ||
| Q2 25 | $-7.3M | $-3.2M | ||
| Q1 25 | $27.2M | $764.5K | ||
| Q4 24 | $-1.8M | $-3.6M | ||
| Q3 24 | $1.0M | $-5.0M | ||
| Q2 24 | $-1.8M | $206.6K | ||
| Q1 24 | $-3.8M | $6.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -3.21× | ||
| Q3 24 | — | -21.05× | ||
| Q2 24 | — | 0.09× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BKSY
Segment breakdown not available.
SNAL
| Pc | $14.7M | 59% |
| Platform Three | $5.2M | 21% |
| Platform Two | $3.3M | 13% |
| Sales Channel Directly To Consumer Mobile Sale | $1.6M | 6% |
