Business Description
Satellogic Inc. specializes in the development and deployment of compact, high-resolution Earth observation satellites, delivering live, commercial-grade geospatial data. These continuous data feeds provide critical insights that empower a diverse range of stakeholders, including governmental bodies, private enterprises, organizations, and even individuals, to make informed strategic and operational decisions. The company's orbital platforms facilitate a multitude of vital applications, such as agricultural management, diligent pipeline and critical infrastructure surveillance, rapid disaster response coordination, efforts to combat illegal logging, enhanced border security, and comprehensive port safety monitoring, among numerous other uses. Established in 2010, Satellogic is headquartered in Palo Alto, California.
Business History
Price Overview
Last updated: Jun 30, 2026 4:48am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.04
Total Equity: $60.53M
Shares: 134,134,266
Total Debt: $56.11M
Cash: $94.43M
EBITDA: -$23.28M
Total Debt: $56.11M
Cash: $94.43M
Revenue: $17.71M
Shares: 134,134,266
Revenue: $17.71M
Revenue: $17.71M
Revenue: $17.71M
Total Equity: $60.53M
Tax Rate: -16.4%
Equity: $60.53M
Total Debt: $56.11M
Cash: $94.43M
Current Liabilities: $22.51M
Long-Term Debt: $56.11M
Total Debt: $56.11M
Total Equity: $60.53M
Shares: 134,134,266
Shares: 134,134,266
CapEx: -$7.38M
Shares: 134,134,266
Stock Price: $5.64
Net Income: -$4.78M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 30, 2026 4:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.2M | $6.0M | $10.1M | $12.9M | $17.7M |
| Cost of Revenue | $1.9M | $3.3M | $5.1M | $5.0M | $12.6M |
| Gross Profit | $2.4M | $2.7M | $5.0M | $7.8M | $5.1M |
| Operating Expenses | $71.0M | $93.6M | $74.4M | $60.1M | $36.1M |
| Operating Income | -$68.6M | -$90.9M | -$69.4M | -$52.2M | -$31.0M |
| Net Income | -$96.3M | -$36.6M | -$61.0M | -$116.3M | -$4.8M |
| EBITDA | -$77.1M | -$16.1M | -$34.6M | -$100.7M | -$23.3M |
| EPS | $-1.40 | $-0.44 | $-0.68 | $-1.28 | $-0.04 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 30, 2026 4:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $8.5M | $76.5M | $23.5M | $22.5M | $94.4M |
| Total Current Assets | $12.4M | $81.2M | $26.6M | $27.9M | $115.2M |
| Total Assets | $49.9M | $143.9M | $76.4M | $61.7M | $151.3M |
| Current Liabilities | $283.7M | $30.1M | $21.4M | $34.6M | $22.5M |
| Long-Term Debt | $0 | $0 | $0 | $79.1M | $56.1M |
| Total Liabilities | $289.4M | $37.7M | $24.7M | $114.7M | $90.8M |
| Total Equity | -$239.4M | $106.2M | $51.7M | -$53.0M | $60.5M |
| Retained Earnings | -$186.2M | -$222.8M | -$283.8M | -$400.1M | -$404.9M |
Cash Flow (Annual)
Last updated: Jun 30, 2026 4:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$28.4M | -$68.5M | -$49.6M | -$35.9M | -$26.9M |
| Capital Expenditure | -$11.2M | -$27.3M | -$14.9M | -$5.0M | -$7.4M |
| Free Cash Flow | -$39.7M | -$95.7M | -$64.5M | -$40.9M | -$34.3M |
| Acquisitions (net) | $0 | -$3.7M | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | -$8.6M | $-458,000 | $0 | $0 |
| Net Change in Cash | -$8.7M | $69.3M | -$53.2M | $-921,000 | $78.4M |
Analyst Estimates (Annual)
Last updated: Jun 30, 2026 4:48am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$55.3M $43.2M – $67.4M
|
$80.8M $65.9M – $99.2M
|
$117.7M $96.0M – $144.5M
|
$152.0M $123.9M – $186.5M
|
| EBITDA |
-$55.3M -$67.4M – -$43.2M
|
-$80.8M -$99.2M – -$65.9M
|
-$117.7M -$144.5M – -$96.0M
|
-$152.0M -$186.5M – -$123.9M
|
| Net Income |
-$13.3M -$16.5M – -$8.2M
|
-$3.9M -$9.3M – -$2.8M
|
$9.4M $7.1M – $12.2M
|
$24.1M $18.4M – $31.3M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 30, 2026 4:48am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +41.6% | +67.6% | +27.8% | +37.6% |
| Gross Profit Growth | +15.1% | +83.9% | +56.4% | -35.1% |
| Operating Income Growth | -32.4% | +23.6% | +24.8% | +40.6% |
| Net Income Growth | +62.0% | -66.5% | -90.6% | +95.9% |
| EBITDA Growth | +79.1% | -114.5% | -190.8% | +76.9% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-20 | Kharsansky Alan | M-Exempt | 14,565.00 | $0.00 | $0 |
| 2026-06-20 | Kharsansky Alan | M-Exempt | 9,467.00 | $0.00 | $0 |
| 2026-06-20 | Kharsansky Alan | M-Exempt | 4,875.00 | $0.00 | $0 |
| 2026-06-20 | Kharsansky Alan | M-Exempt | 7,500.00 | $0.00 | $0 |
| 2026-06-20 | Dunn Rick | M-Exempt | 7,581.00 | $0.00 | $0 |
| 2026-06-20 | Dunn Rick | M-Exempt | 16,708.00 | $0.00 | $0 |
| 2026-06-20 | Dunn Rick | M-Exempt | 6,610.00 | $0.00 | $0 |
| 2026-06-20 | Dunn Rick | M-Exempt | 23,349.00 | $0.00 | $0 |
| 2026-06-20 | Dunn Rick | M-Exempt | 10,594.00 | $0.00 | $0 |
| 2026-06-20 | Dunn Rick | M-Exempt | 9,237.00 | $0.00 | $0 |
| 2026-06-20 | Kargieman Emiliano | M-Exempt | 20,064.00 | $0.00 | $0 |
| 2026-06-20 | Kargieman Emiliano | M-Exempt | 26,484.00 | $0.00 | $0 |
| 2026-06-11 | Williamson Michael Eric | 20,787.00 | $0.00 | $0 | |
| 2026-06-11 | Kargieman Emiliano | A-Award | 200,443.00 | $0.00 | $0 |
| 2026-06-11 | Kargieman Emiliano | A-Award | 164,875.00 | $7.52 | $1.2M |
| 2026-06-11 | Kharsansky Alan | A-Award | 84,335.00 | $0.00 | $0 |
| 2026-06-11 | Gutierrez Miguel | A-Award | 20,787.00 | $0.00 | $0 |
| 2026-06-11 | Kennedy Kelly J. | A-Award | 20,787.00 | $0.00 | $0 |
| 2026-06-11 | Killalea Peter Thomas | A-Award | 27,914.00 | $0.00 | $0 |
| 2026-06-11 | Wang Theodore Glass | A-Award | 32,665.00 | $0.00 | $0 |
Narrative Economics
market-narrative step).