HawkEye 360 Q2 revenue rises 87% to $49.8M; Clusters 15 and 16 due in the second half

HawkEye 360/Hawk RF constellation

In its first results as a public company, HawkEye 360 reported second-quarter revenue of $49.8 million, up 87%, with international revenue more than doubling to $21 million. It posted a $15.3 million net loss and kept 2026 guidance of $215 to $220 million revenue. Cluster 14 is fully operational; Cluster 15 slipped past a July target but, with Cluster 16, is due in the second half, and the first Block 3 cluster within about six months.

• Revenue $49.8M (+87%); international $21.0M (+134%).
• Net loss $15.3M; adjusted EBITDA $7.0M.
• Backlog $292.2M at 30 June 2026.
• 2026 outlook: revenue $215M to $220M.
• New customers include a multi-year Indian Navy maritime-awareness contract.