Satellogic Inc.

NASDAQ•SATL

CEO: Mr. Matthew Tirman

Sector: Technology

Industry: Hardware, Equipment & Parts

Listing Date: 2021-03-26

Satellogic Inc. operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites. The company was founded in 2010 and is headquartered in Montevideo, Uruguay.

Contact Information

Ruta 8 Km 17,500, Edificio 300 Oficina 324 ZonamErica, Montevideo, 91600, Uruguay

598-25182302

satellogic.com

Market Cap

$594.61M

P/E (TTM)

-124.1

21.7

Dividend Yield

52W High

$6.84

52W Low

$1.26

52W Range

75%

Rank61Top 91.5%

2.0

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 2 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$6.25M+0.00%

4-Quarter Trend

EPS

$0.22+0.00%

4-Quarter Trend

FCF

-$12.80M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Grew Substantially Total revenue reached $17.7M, marking a strong 38% increase from $12.9M in 2024, driven by Data & Analytics growth.

Operating Loss Significantly Reduced Operating loss narrowed by $21.2M, improving 41% to a $31.0M loss in 2025, reflecting cost control measures.

Strong Cash Position Maintained Cash and equivalents totaled $94.4M as of December 31, 2025, supported by recent financing activities and controlled spending.

Net Loss Narrows 96% Net loss improved substantially by $111.5M, resulting in a $4.8M net loss for 2025 compared to $116.3M loss previously.

Risk Factors

Early Stage Revenue Dependency Business success highly dependent on effectively marketing and selling services; limited track record in commercialization remains a risk.

Supply Chain and Launch Reliance Dependent on third parties for satellite components and launch services; inability to scale production or secure timely launches poses material risk.

Capital Intensive Operations Risk Business is capital intensive; inability to raise adequate capital on favorable terms may restrict strategy execution and growth potential.

Regulatory Compliance Burden New U.S. incorporation subjects company to stringent regulations (ITAR, EAR, CMMC), increasing compliance costs and administrative burdens.

Outlook

Launching AI-First Merlin Constellation Merlin AI-First constellation expected to launch first satellite Q4 2026, becoming fully operational in H1 2027 for global monitoring.

NextGen Platform Operationalization New 30cm resolution NextGen platform introduced in October 2025, expected operational readiness in 2028 for advanced analytics.

Expanding Commercial Data Services Strategy includes expanding Data & Analytics (DaaS) into commercial markets like agriculture and energy, leveraging superior unit economics.

Leveraging Non-ITAR Design Non-ITAR design facilitates rapid delivery of sovereign and defense solutions, positioning company well for US government contract pursuit.

Peer Comparison

Revenue (TTM)

XRX

$7.02B

+12.9%

MEI

$978.20M

-8.4%

SOHU

$585.64M

-2.1%

Gross Margin (Latest Quarter)

SOHU

75.3%

+6.7pp

RPAY

74.2%

-3.4pp

MLAB

64.2%

+0.2pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
SATL	$594.61M	-124.1	13.0%	41.9%
VPG	$577.37M	108.9	1.6%	14.0%
MLAB	$488.50M	131.0	2.1%	23.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

22.6%

Strong Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:May 5, 2026

EPS:-$0.05

Revenue:$3.83M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data