BKSY (BlackSky Technology) Debt-to-Equity: 1.05 (As of Jun. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKSY BlackSky Technology Inc BKSY
65 GF Score
Price $31.24
GF Value $7.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is BlackSky Technology Debt-to-Equity?

BlackSky Technology BKSY +4.52% 65 Debt-to-Equity is 1.05 as of Jun. 2026, which is 12% above its 10-year median of 0.94. GuruFocus rates BKSY with a GF Score™ of 65/100 and a GF Value™ of $7.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 956 Business Services companies, BlackSky Technology ranks worse than 77.3% on this metric.

BlackSky Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $12.1 Mil. BlackSky Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $209.2 Mil. BlackSky Technology's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $211.5 Mil. BlackSky Technology's debt to equity for the quarter that ended in Jun. 2026 was 1.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BlackSky Technology's Debt-to-Equity or its related term are showing as below:

BKSY' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.1   Med: 0.94   Max: 2.61
Current: 1.05

During the past 6 years, the highest Debt-to-Equity Ratio of BlackSky Technology was 2.61. The lowest was -3.10. And the median was 0.94.

BKSY's Debt-to-Equity is ranked worse than
77.3% of 956 companies
in the Business Services industry
Industry Median: 0.33 vs BKSY: 1.05

BlackSky Technology  (NYSE:BKSY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


BlackSky Technology Debt-to-Equity Related Terms


BlackSky Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for BlackSky Technology's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BlackSky Technology Debt-to-Equity Chart

BlackSky Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.40 0.66 0.94 1.24 2.21

BlackSky Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 2.23 2.21 2.61 1.05

BKSY vs KODK, TRNS, CASS: Debt-to-Equity Comparison

For the Specialty Business Services subindustry, BlackSky Technology's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackSky Technology Debt-to-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, BlackSky Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BlackSky Technology's Debt-to-Equity falls into.


BKSY
65GF Score
BlackSky Technology Inc BKSY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackSky Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BlackSky Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

BlackSky Technology's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.05 mean?
BlackSky Technology (BKSY) has a Debt-to-Equity of 1.05 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BlackSky Technology and its competitors. This is 12% above median its historical median of 0.94. According to the industry distribution chart, BlackSky Technology ranks #739 out of 956 companies in the Business Services industry, placing it in the top 77.3%.
Is BlackSky Technology's Debt-to-Equity too high?
BlackSky Technology's current Debt-to-Equity of 1.05 is 12% above median its 10-year median of 0.94. The Business Services industry median Debt-to-Equity is 0.33. BlackSky Technology's value of 1.05 is 218.2% above this industry median. Based on the distribution chart, BlackSky Technology ranks #739 out of 956 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BlackSky Technology has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackSky Technology's Debt-to-Equity compare to KODK and TRNS?
According to the Business Services industry distribution chart, BlackSky Technology ranks #739 out of 956 companies for Debt-to-Equity. This places BlackSky Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.33. BlackSky Technology's value of 1.05 is 218.2% above this benchmark. While the company's 10-year median is 0.94 vs. the industry median of 0.33, BlackSky Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 956 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackSky Technology's current Debt-to-Equity of 1.05 is 218.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BlackSky Technology and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackSky Technology's current Debt-to-Equity is 1.05, which is 12% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackSky Technology stock overvalued right now?
Based on GuruFocus' analysis, BlackSky Technology (BKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.13, compared to a current price of $31.24 — trading 338.1% above its estimated fair value. The current Debt-to-Equity is 1.05, which is 12% above median its 10-year median of 0.94 and 218.2% above the Business Services industry median of 0.33. BlackSky Technology's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For BlackSky Technology (BKSY), the current Debt-to-Equity is 1.05 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BlackSky Technology (BKSY) Overvalued in 2026?

Based on GuruFocus' analysis, BlackSky Technology stock appears to be overvalued. The current stock price of $31.24 is trading 338.1% above its estimated GF Value™ of $7.13. GuruFocus considers BlackSky Technology to be Significantly Overvalued.

Key valuation signals for BKSY:

  • Debt-to-Equity: 1.05 (12% above median its 10-year median of 0.94)
  • GF Value™: $7.13 vs. price of $31.24 (338.1% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 218.2% above the Business Services median (#739 of 956)

No single metric tells the full story. See the BKSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackSky Technology Business Description

Address 2411 Dulles Corner Park, Suite 300, Herndon, VA, USA, 20171
BlackSky Technology Inc is a space-based technology company that delivers real-time imagery, analytics and high-frequency monitoring of the worlds critical and strategic locations, economic assets, and events. By taking a software-first technology approach, Company is delivering real-time space-based intelligence at disruptive speed, scale and economics. Companies single operating and reportable segment, provided space-based intelligence products and services through three integrated revenue streams-space-based intelligence & AI services, mission solutions, and technology programs. Geographically, the company operates in United States and Rest of world.
65GF Score

Get the complete analysis for BKSY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.24
Price
$7.13
GF Value