Inferra AI / Company / HAWK
HawkEye 360, Inc.
HAWK · Industrials
Last earnings Aug 13, 2026
Key results
Record revenuequarter
$49.8 million
Record revenue of $49.8 million, up 116.5% year-over-year Backlog of $285.0 million as of March 31, 2026 Raised approximately $435.9 million of net proceeds with the successful completion of an initial public offering in May 2026 HERNDON, VA.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
Growthquarter
up 116.5%
Record revenue of $49.8 million, up 116.5% year-over-year Backlog of $285.0 million as of March 31, 2026 Raised approximately $435.9 million of net proceeds with the successful completion of an initial public offering in May 2026 HERNDON, VA.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
Revenuequarter
$49.8 million
revenue of $49.8 million, up 116.5% compared to the prior-year period of $23.0 million Achieved record international
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
revenue of $20.9 million, up 156.8% compared to the prior-year period of $8.1 million Recorded a net loss of $(9.0) million, compared to net loss of $(1.6) million in the prior year period Realized record adjusted EBITDA, a non-GAAP metric, of $7.4 million
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
Selling, general, and administrativequarter
$18,111 thousand
Selling, general and administrative 18,111 7,935
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
AI analysis
Q1 2026 · reported Jun 22, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Record revenue | $49.8 million | — | — |
| Growth | up 116.5% | — | — |
| Revenue | $49.8 million | — | — |
| Selling, general, and administrative | $18,111 thousand | — | — |
Guidance · company-stated
Direction: raised
No guidance located in the held release
“All statements contained in this press release other than statements of historical fact, including statements regarding the Company's liquidity and financial flexibility, the Company s financial outlook for the year ended December 31, 2026, the Company s expected constellation growth and increased collection capacity, the Company s expanding international presence, the Company continuing to scale the business and growing customer demand, are forward-looking statements and represent the Company's views as of the date of this press release.”
Capital allocation
The Company uses these non-GAAP financial measures to assess its financial performance because they allow the Company to compare its operating performance on a consistent basis across periods by removing the effects of its capital structure (such as varying levels of interest expense and income), asset base (such as depreciation and capital expenditures) and other items (such as non-recurring or non-cash costs) that impact the comparability of financial results from period to period.
The proceeds from the IPO were used to repay $ 49.5 million of outstanding borrowings and associated fees pursuant to the 2025 Term Loan (as defined below) and the 2025 Mezzanine Loan (as defined below), and to fund a deferred payment of $ 7.5 million related to the acquisition of ISA, with the remaining balance being used for general corporate and working capital purposes.
Event summary
HawkEye 360, Inc. — Earnings release (2026-06-22)
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
The Company uses these non-GAAP financial measures to assess its financial performance because they allow the Company to compare its operating performance on a consistent basis across periods by removing the effects of its capital structure (such as varying levels of interest expense and income), asset base (such as depreciation and capital expenditures) and other items (such as non-recurring or non-cash costs) that impact the comparability of financial results from period to period.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
The proceeds from the IPO were used to repay $ 49.5 million of outstanding borrowings and associated fees pursuant to the 2025 Term Loan (as defined below) and the 2025 Mezzanine Loan (as defined below), and to fund a deferred payment of $ 7.5 million related to the acquisition of ISA, with the remaining balance being used for general corporate and working capital purposes.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
The 2026 Credit Agreement provides for a revolving credit facility in an aggregate principal amount of $ 125.0 million (the Revolving Credit Facility ), maturing on May 19, 2031.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
As of June 30, 2026, no amounts were drawn on the Revolving Credit Facility.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
See Note 7 - Debt for further details.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
As a result, ISA became a wholly owned subsidiary of the Company, with the acquisition of 100 % equity interest in ISA completed for a fair value consideration of $ 166.5 million consisting of cash considerations of $ 117.7 million which includes: $ 110.4 million in cash (subject to customary adjustments for ISA cash on hand, net working capital, unpaid transaction costs, and debt), $ 3.9 million of transaction costs incurred by ISA and paid by the Company on ISA s behalf, and $ 3.4 million of cash placed into escrow to be released shortly after close.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
Strategy & priorities
Our space-based collection, proprietary signal processing and AI-powered analytics transform knowledge of RF spectrum into a strategic advantage.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
2 The Company uses Adjusted EBITDA and Free Cash Flow in conjunction with other GAAP measures to evaluate the effectiveness of its business strategies, make strategic decisions, and communicate with its board of directors and investors concerning its financial performance.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
Our backlog supports predictable revenue expansion through a recurring model, enabling forward revenue visibility.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
The Company has based these forward-looking statements on its current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
All statements contained in this Quarterly Report on Form 10-Q other than statements of historical fact, including statements regarding our future results of operations and financial condition, our business strategy and plans, market growth, and our objectives for future operations, are forward-looking statements.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
Risks & headwinds
These forward-looking statements are subject to a number of assumptions and risks and uncertainties, many of which involve factors or circumstances that are beyond the Company s control that could affect its financial results.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
These risks and uncertainties are detailed in the sections titled Risk Factors and Management s Discussion and Analysis of Financial Condition and Results of Operations in the Company s Quarterly Report on Form 10-Q filed with the SEC on June 18, 2026 and other filings that the Company makes from time to time with the SEC, which are available on the SEC s website at sec.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
In light of these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in any forward-looking statements.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
(3) Represents costs for legal fees and settlement related to litigation initiated by us against a third party, which are not part of our ordinary legal expenses and not reflective of our core operating performance Reconciliation of Net Cash Used in Operating Activities to Free Cash Flow The following table presents a reconciliation of net cash (used in) provided by operating activities, the most directly comparable financial measure presented in accordance with U.
SEC original ↗HawkEye 360, Inc. — Earnings release (8-K exhibit)EX-99Jun 22, 2026
Legal Proceedings 54 Item 1A.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors 2 Table of Contents described in the section titled Risk Factors and elsewhere in this Quarterly Report on Form 10-Q.
SEC original ↗HawkEye 360, Inc. — 10-Q Quarterly report10-QAug 14, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
6 documentsEarnings releases
2 documentsPresentations
0 documentsNo presentations for HawkEye 360, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for HawkEye 360, Inc. are held in this edition of the library.
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