Satellite signals-intelligence provider HawkEye 360, preparing IPO, reports $117.7M in 2025 revenue and $24.8M EBITDA

by Peter B. de Selding

LA PLATA, Maryland — Satellite signals-intelligence provider HawkEye 360 reported $117.7 million in revenue in 2025, up 74% from 2024, with $2.7 million in net income, $24.8 million in EBITDA and a sharply reduced operating loss.

Backlog at Dec. 31, 2025, stood at $302.7 million, up 6.86 fold over 2024.

The company reported total debt of $48.6 million, including two bank loans taken out for the $166.5-million acquisition of Integrated Signal Analysis (ISA), which closed on Dec . . .

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