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BKSY (BlackSky Technology) Retained Earnings : $-656.2 Mil (As of Dec. 2024)


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What is BlackSky Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BlackSky Technology's retained earnings for the quarter that ended in Dec. 2024 was $-656.2 Mil.

BlackSky Technology's quarterly retained earnings declined from Jun. 2024 ($-624.2 Mil) to Sep. 2024 ($-636.8 Mil) and declined from Sep. 2024 ($-636.8 Mil) to Dec. 2024 ($-656.2 Mil).

BlackSky Technology's annual retained earnings declined from Dec. 2022 ($-545.1 Mil) to Dec. 2023 ($-599.0 Mil) and declined from Dec. 2023 ($-599.0 Mil) to Dec. 2024 ($-656.2 Mil).


BlackSky Technology Retained Earnings Historical Data

The historical data trend for BlackSky Technology's Retained Earnings 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.

* Premium members only.

BlackSky Technology Retained Earnings Chart

BlackSky Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
-223.98 -470.91 -545.11 -598.97 -656.19

BlackSky Technology Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Retained Earnings 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 -598.97 -614.78 -624.18 -636.77 -656.19

BlackSky Technology Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


BlackSky Technology  (NYSE:BKSY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


BlackSky Technology Business Description

Traded in Other Exchanges
N/A
Address
2411 Dulles Corner Park, Suite 300, Herndon, VA, USA, 20171
BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industry's low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.
Executives
Timothy M. Harvey director 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20171
William D. Porteous director C/O RRE VENTURES, 130 EAST 59TH STREET, 17TH FLOOR, NEW YORK NY 10022
James R Tolonen director
Magid M Abraham director 11465 SUNSET HILLS ROAD, SUITE 200, RESTON VA 20190
David Didomenico director, officer: Chief Executive Officer, other: See Remarks C/O JANA PARTNERS LLC, 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Susan M. Gordon director C/O CACI INTERNATIONAL, 1100 N. GLEBE ROAD, 3RD FLOOR, ARLINGTON VA 22201
Tracy Ward officer: Principal Accounting Officer 3901 STONECROFT BOULEVARD, C/O INTERSECTIONS INC., CHANTILLY VA 20151
Brian E O'toole director, officer: CEO and President 2325 DULLES CORNER BLVD., HERNDON VA 20171
Henry Edward Dubois officer: Chief Development Officer C/O 13241 WOODLAND PARK ROAD, STE 300, HERNDON VA 20171
Christiana L Lin officer: General Counsel & Corp Sec 11465 SUNSET HILLS ROAD, SUITE 200, RESTON VA 20190
Johan G Broekhuysen officer: Chief Financial Officer LUMOS NETWORKS CORP., ONE LUMOS PLAZA, WAYNESBORO VA 22980
Ajay Royan 10 percent owner 303 WYMAN STREET, SUITE 300, WALTHAM MA 02451
Peter Thiel 10 percent owner 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
S.a. Thales 10 percent owner TOUR CARPE DIEM, 31 PLACE, DES COROLLES, ESPLANADE NORD 92400, COURBEVOIE I0 92400
Thales Alenia Space Us Investment Llc 10 percent owner 1209 ORANGE STREET, WILMINGTON DE 19801