Satellogic Inc.
SATL- Exchange
- Nasdaq
- Industry
- Radio & Tv Broadcasting & Communications Equipment
- SEC CIK
- 0001874315
No open-market purchases or sales by Satellogic Inc. insiders were filed in the last 90 days; 189 institutions reported holding it in 13F filings for Q2 2026, worth $576.2M in total; no superinvestor holds it.
Other share classesSATLW
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 11, 2026, 1:17 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $4.78M (27.0% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 20-F | 20-F | 20-F/A |
| Reported | Mar 19, 2026 | – | – | – | – |
| Revenue | $17.7M | $12.9M | $10.1M | $6.01M | $4.25M |
| Cost of revenue | – | – | – | – | $1.88M |
| Research and development | $5.00M | $7.50M | $10.7M | $13.1M | $9.64M |
| Selling, general and administrative | $25.7M | $33.0M | $23.5M | $37.2M | $36.6M |
| Operating income | -$31.0M | -$52.2M | -$69.4M | -$90.9M | -$68.7M |
| Interest expense | – | – | $0 | $1.69M | $11.8M |
| Income tax | $673.0K | $2.86M | $9.08M | $4.57M | -$232.0K |
| Net income | -$4.78M | -$116.3M | -$61.0M | -$36.6M | -$117.7M |
| EPS, basic | $-0.04 | $-1.28 | $-0.68 | $-0.44 | – |
| EPS, diluted | $-0.18 | $-1.28 | $-0.68 | $-0.66 | – |
| Weighted shares, basic | 109.1M | 91.2M | 89.5M | 83.2M | – |
| Weighted shares, diluted | 134.1M | 91.2M | 89.5M | 83.8M | – |
| Margins and growth | |||||
| Operating margin | -175.2% | -405.6% | -688.9% | -1511.4% | -1618.7% |
| Net margin | -27.0% | -903.4% | -605.7% | -609.5% | -2772.3% |
| Revenue growth, year over year | +37.6% | +27.8% | +67.6% | +41.6% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 20-F | 20-F | 20-F/A |
| Reported | Mar 19, 2026 | – | – | – | – |
| Cash and equivalents | $94.4M | $22.5M | $23.5M | $76.5M | $8.53M |
| Accounts receivable | $8.55M | $1.46M | $901.0K | $1.39M | $1.20M |
| Inventory | $2.09M | – | – | – | – |
| Total current assets | $115.2M | $27.9M | $26.6M | $81.2M | $12.4M |
| Property, plant and equipment | $24.6M | $27.2M | $41.1M | $48.0M | $33.6M |
| Total assets | $151.3M | $61.7M | $76.4M | $143.9M | $50.7M |
| Accounts payable | – | – | – | – | $6.65M |
| Short-term debt | – | – | – | $0 | $246.2M |
| Total current liabilities | $22.5M | $34.6M | $21.4M | $30.1M | $278.1M |
| Long-term debt | – | – | – | – | $0 |
| Total liabilities | $90.8M | $114.7M | $24.7M | $37.7M | $283.6M |
| Shareholders' equity | $60.5M | -$53.0M | $51.7M | $106.2M | -$232.9M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 20-F | 20-F | 20-F/A |
| Reported | Mar 19, 2026 | – | – | – | – |
| Operating cash flow | -$26.9M | -$35.9M | -$49.6M | -$68.5M | -$27.7M |
| Capital expenditures | $7.38M | $5.04M | $14.9M | $27.3M | $11.2M |
| Free cash flow | -$34.3M | -$40.9M | -$64.5M | -$95.7M | -$38.9M |
| Stock-based compensation | $4.26M | $2.33M | $6.30M | $8.37M | $11.0M |
| Share buybacks | – | – | $0 | $8.60M | – |
| Investing cash flow | -$7.38M | -$5.03M | -$14.4M | -$30.9M | -$11.2M |
| Financing cash flow | $112.5M | $37.5M | -$83.0K | $164.3M | $27.9M |
| Net change in cash | – | – | – | – | -$11.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 24.1% | 18.1% | 62.5% | 139.2% | 258.1% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Apr 25, 2022 | 27.3M | – | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.