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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and Vistance Networks, Inc. (VISN). Click either name above to swap in a different company.
BlackSky Technology Inc. runs the higher net margin — -2.5% vs -61.8%, a 59.4% gap on every dollar of revenue. On growth, BlackSky Technology Inc. posted the faster year-over-year revenue change (15.9% vs -486.8%). Over the past eight quarters, Vistance Networks, Inc.'s revenue compounded faster (NaN% CAGR vs NaN%).
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.
BKSY vs VISN — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $35.2M | $-2.2B |
| Net Profit | $-868.0K | $1.4B |
| Gross Margin | — | — |
| Operating Margin | -11.8% | — |
| Net Margin | -2.5% | -61.8% |
| Revenue YoY | 15.9% | -486.8% |
| Net Profit YoY | 95.5% | 4109.0% |
| EPS (diluted) | $0.04 | $6.30 |
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 | $-2.2B | ||
| Q3 25 | $19.6M | $1.6B | ||
| Q2 25 | $22.2M | $1.4B | ||
| Q1 25 | $29.5M | $1.1B | ||
| Q4 24 | $30.4M | $568.3M | ||
| Q3 24 | $22.5M | $1.1B | ||
| Q2 24 | $24.9M | $1.4B | ||
| Q1 24 | $24.2M | $1.2B |
| Q4 25 | $-868.0K | $1.4B | ||
| Q3 25 | $-15.3M | $108.4M | ||
| Q2 25 | $-41.2M | $31.8M | ||
| Q1 25 | $-12.8M | $784.0M | ||
| Q4 24 | $-19.4M | $32.3M | ||
| Q3 24 | $-12.6M | $-33.0M | ||
| Q2 24 | $-9.4M | $44.4M | ||
| Q1 24 | $-15.8M | $-359.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | 41.0% | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 42.1% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 40.2% | ||
| Q2 24 | — | 39.5% | ||
| Q1 24 | — | 34.4% |
| Q4 25 | -11.8% | — | ||
| Q3 25 | -85.8% | 18.5% | ||
| Q2 25 | -62.8% | 17.0% | ||
| Q1 25 | -40.5% | 12.0% | ||
| Q4 24 | -20.0% | -7.3% | ||
| Q3 24 | -58.7% | 9.4% | ||
| Q2 24 | -47.0% | 13.9% | ||
| Q1 24 | -54.7% | 0.2% |
| Q4 25 | -2.5% | -61.8% | ||
| Q3 25 | -78.2% | 6.7% | ||
| Q2 25 | -185.8% | 2.3% | ||
| Q1 25 | -43.4% | 70.5% | ||
| Q4 24 | -63.9% | 5.7% | ||
| Q3 24 | -55.8% | -3.0% | ||
| Q2 24 | -37.7% | 3.2% | ||
| Q1 24 | -65.2% | -30.7% |
| Q4 25 | $0.04 | $6.30 | ||
| Q3 25 | $-0.44 | $0.39 | ||
| Q2 25 | $-1.27 | $0.06 | ||
| Q1 25 | $-0.42 | $2.88 | ||
| Q4 24 | $-0.61 | $0.09 | ||
| Q3 24 | $-0.66 | $-0.23 | ||
| Q2 24 | $-0.52 | $0.13 | ||
| Q1 24 | $-0.88 | $-1.77 |
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 | $754.4M |
| Total DebtLower is stronger | $201.1M | — |
| Stockholders' EquityBook value | $94.9M | $-1.0B |
| Total Assets | $386.2M | $9.4B |
| Debt / EquityLower = less leverage | 2.12× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $124.5M | $754.4M | ||
| Q3 25 | $146.5M | $705.3M | ||
| Q2 25 | $93.8M | $571.1M | ||
| Q1 25 | $75.8M | $493.3M | ||
| Q4 24 | $52.5M | $564.9M | ||
| Q3 24 | $63.2M | $392.1M | ||
| Q2 24 | $41.2M | $345.9M | ||
| Q1 24 | $35.4M | $357.2M |
| 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 | $-1.0B | ||
| Q3 25 | $91.1M | $-2.3B | ||
| Q2 25 | $86.6M | $-2.4B | ||
| Q1 25 | $88.8M | $-2.5B | ||
| Q4 24 | $94.0M | $-3.5B | ||
| Q3 24 | $110.3M | $-3.3B | ||
| Q2 24 | $76.5M | $-3.3B | ||
| Q1 24 | $81.7M | $-3.3B |
| Q4 25 | $386.2M | $9.4B | ||
| Q3 25 | $380.9M | $7.9B | ||
| Q2 25 | $310.8M | $7.7B | ||
| Q1 25 | $284.9M | $7.5B | ||
| Q4 24 | $254.1M | $8.7B | ||
| Q3 24 | $245.5M | $8.8B | ||
| Q2 24 | $224.3M | $8.8B | ||
| Q1 24 | $210.1M | $8.7B |
| 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 | $281.3M |
| Free Cash FlowOCF − Capex | — | $255.5M |
| FCF MarginFCF / Revenue | — | -11.6% |
| Capex IntensityCapex / Revenue | — | -1.2% |
| Cash ConversionOCF / Net Profit | — | 0.21× |
| TTM Free Cash FlowTrailing 4 quarters | — | $252.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.3M | $281.3M | ||
| Q3 25 | $-39.0M | $151.4M | ||
| Q2 25 | $-7.3M | $77.1M | ||
| Q1 25 | $27.2M | $-186.9M | ||
| Q4 24 | $-1.8M | $277.9M | ||
| Q3 24 | $1.0M | $122.1M | ||
| Q2 24 | $-1.8M | $50.8M | ||
| Q1 24 | $-3.8M | $-177.7M |
| Q4 25 | — | $255.5M | ||
| Q3 25 | — | $135.0M | ||
| Q2 25 | — | $64.5M | ||
| Q1 25 | — | $-202.4M | ||
| Q4 24 | — | $270.6M | ||
| Q3 24 | — | $115.4M | ||
| Q2 24 | — | $45.5M | ||
| Q1 24 | — | $-183.7M |
| Q4 25 | — | -11.6% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | -18.2% | ||
| Q4 24 | — | 47.6% | ||
| Q3 24 | — | 10.7% | ||
| Q2 24 | — | 3.3% | ||
| Q1 24 | — | -15.7% |
| Q4 25 | — | -1.2% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.5% |
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 2.42× | ||
| Q1 25 | — | -0.24× | ||
| Q4 24 | — | 8.60× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.