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HawkEye 360 Announces Second Quarter 2026 Financial Results

Revenue of $49.8 million, up 87% compared to the prior-year period of $26.6 million

Achieved record international revenue of $21.0 million, up 134% compared to the prior-year period

Successfully closed an initial public offering (“IPO”) in May 2026, raising $437.5 million in net proceeds

Backlog of $292.2 million as of June 30, 2026

HERNDON, VA., – August 13, 2026 – HawkEye 360, Inc. (NYSE: HAWK) ("HawkEye 360" or "the Company"), a global leader in signals intelligence data and analytics, today announced its financial results for the second quarter ended June 30, 2026.

"Our second quarter results reflect HawkEye 360's continued growth as a premier defense technology company and the strength of demand for our RF signals intelligence solutions, as governments around the world increasingly prioritize space-enabled intelligence, surveillance and electronic warfare capabilities." said Chief Executive Officer John Serafini. "We delivered another quarter of strong revenue growth, including record international revenue, reflecting the acceleration of our business model and increasing adoption of our RF signals intelligence solutions among defense, intelligence and allied government customers worldwide, particularly in areas of geopolitical tension where high-quality signals intelligence is exceptionally valuable.”

Mr. Serafini continued, "We are seeing great momentum across the business heading into the back half of the year, with strong tailwinds from growing global demand for space-based RF intelligence. Our next phase of constellation growth with Clusters 15 and 16, and our first cluster of Block 3 Kestrel satellites, are expected to further expand our collection capacity and global coverage. Additionally, we are seeing the benefits of our integration with ISA’s algorithms which have enhanced our processing latency and military radar product solutions with greater automation. With this momentum, HawkEye 360 is well positioned to capitalize on the growing importance of RF intelligence and electronic warfare capabilities in today's evolving global security environment. We continue to invest meaningfully in our best-in-class signals intelligence platform, exceptional team, and differentiated go-to-market capabilities to drive profitability and shareholder value."

Second Quarter 2026 Financial Highlights:

•Revenue of $49.8 million, up 87% compared to the prior-year period of $26.6 million.

•Achieved record international revenue of $21.0 million, up 134% compared to the prior-year period of $9.0 million.

•Recorded a net loss of $15.3 million, compared to net income of $1.6 million in the prior year period.

•Realized Adjusted EBITDA, a non-GAAP metric, of $7.0 million, compared to $7.8 million in the prior-year period.

•Recognized net cash provided by operating activities of $11.6 million and Free Cash flow, a non-GAAP metric, of $5.4 million, compared to $4.6 million and $(1.3) million, respectively, in the prior-year period.

•Confirmed backlog of $292.2 million as of June 30, 2026, compared to $285.0 million as of March 31, 2026.

•Successfully closed an IPO in May 2026, raising $437.5 million in net proceeds.

Second Quarter 2026 and Recent Business Highlights:

•Announced a multi-year contract to provide the Indian Navy and regional partner nations with the Company’s space-based RF data and analytics to enhance maritime domain awareness across the Indian Ocean Region. The award expands the Company's support of the Indo-Pacific Maritime Domain Awareness initiative and further demonstrates growing international adoption of HawkEye 360's RF intelligence capabilities.

•Demonstrated commercial-enabled track custody alongside Lockheed Martin during Valiant Shield 2026, a U.S. Pacific Command biennial field training exercise, achieving record latency speeds, validating the Company’s ability to tactically enable the warfighter in real operational conditions, an early step toward supporting missions that require precise, continuously updated location data to guide long-range weapons systems.

•Announced that ISA, was selected by the U.S. Space Force's Space Rapid Capabilities Office for a Small Business Innovation Research Direct-to-Phase II award to develop an adaptable radar-warning sensor payload to enhance space domain awareness in geosynchronous orbit.

•Achieved Full Operational Capacity for the Company's Cluster 14 satellites, launched in March 2026, completing the shortest commissioning period in HawkEye 360's history and further expanding the Company's space-based signals intelligence constellation and collection capacity to support growing defense, maritime and national security customer missions worldwide.

•Announced a contract award from NASA's Commercial Crew and Commercial Low Earth Orbit Development Programs to supply the Company's RFIQ™ data product in support of research

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HawkEye 360 Announces First Quarter 2026 Financial Results

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., – June 22, 2026 – HawkEye 360, Inc. (NYSE: HAWK), the global leader in signals intelligence data and analytics, today announced its financial results for the quarter ended March 31, 2026.

“2026 is off to an exceptional start as we continue to scale HawkEye 360’s global signals intelligence platform to meet rapidly escalating demand across domestic and allied international customers. Our first quarter results included record revenue, reflecting the strength of our business model, diligent financial management, expanding capabilities and increasing adoption of our space-based RF intelligence solutions worldwide particularly in areas of geopolitical tension where high quality signals intelligence is exceptionally valuable,” said Chief Executive Officer John Serafini.

Mr. Serafini continued, “We are continuing to expand our international presence, highlighted by several international contract wins so far in 2026 totaling over $100 million. Additionally, we successfully launched 6 satellites across Clusters 13 and 14 - putting substantial new collection capacity and capabilities on orbit. We also completed our initial public offering, providing substantial financial flexibility to support future growth. With a backlog of $285 million and strong demand globally, HawkEye 360 is well positioned to capitalize on the growing importance of RF intelligence and electronic warfare capabilities in today’s evolving global security environment, while driving increasing profitability and long-term shareholder value.”

First Quarter 2026 Financial Highlights:

•Achieved record revenue of $49.8 million, up 116.5% compared to the prior-year period of $23.0 million

•Achieved record international 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, up 92.1% compared to the prior-year period of $3.8 million

•Recognized net cash used in operating activities of $(3.2) million and free cash flow, a non-GAAP metric, of $(7.3) million, compared to $(7.5) million and $(10.7) million, respectively, in the prior year

•Confirmed backlog of $285.0 million at quarter end, compared to $302.7 million at 2025 year-end

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•Completed an initial public offering of 18.4 million shares of common stock, inclusive of the exercise in full of the underwriters’ option to purchase 2.4 million additional shares, at a public offering price of $26.00 per share, generating net proceeds of $435.9 million

First Quarter 2026 & Recent Business Highlights:

•Announced selection by a European Ministry of Defense for an electronic warfare program valued at up to $75 million, providing a subscription to HawkEye’s Air Defense and GPS Interference Monitoring services to support sovereign defense planning and regional operational awareness

•Launched and successfully established initial communications with the Company’s Cluster 13 satellite trio aboard SpaceX’s Falcon 9 Twilight rideshare mission, enhancing HawkEye 360’s space-based signals intelligence capabilities with advanced RF detection, upgraded onboard processing and expanded waveform-collection capacity to support global defense and government missions

•Launched and successfully established initial contact with the Company’s Cluster 14 satellites aboard SpaceX’s Transporter-16 mission, further expanding HawkEye 360’s space-based signals intelligence constellation with enhanced onboard processing capabilities to support growing defense, maritime and national security customer missions worldwide

•Announced over $100 million in new international contract awards in 2026

•Entered into a new $125 million revolving credit facility maturing in May 2031, enhancing liquidity and financial flexibility to support continued investment in the Company’s space-based RF data and analytics platform, constellation expansion, product innovation and broader strategic growth initiatives

The Company will host its inaugural earnings call alongside its second quarter 2026 results and provide its 2026 financial outlook at that time.

About HawkEye 360

HawkEye 360 is equipping defense, intelligence and national security leaders with mission-critical signals intelligence to enable faster, better decision-making. By detecting, geolocating and characterizing radio-frequency emissions worldwide, HawkEye 360 delivers trusted domain awareness and early-warning indicators to the US Government and allied partners. Our space-based collection, proprietary signal process