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MARKETS / NASDAQ / SATL
NASDAQ · RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT

Satellogic Inc. SATL

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$17.7M
▲ 37.6% YoY
$-4.8M
$-34.3M
In brief

What this company does

Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic is a vertically integrated Earth observation company that designs, manufactures, and operates satellite systems, delivering decision-grade insights at scale to government and commercial customers. As of December 31, 2025, we had 154 full-time employees globally, which includes 84 employees in Argentina (mostly involved in R&D, finance, and accounting), 23 in Spain, 29 in Uruguay (mostly involved in manufacturing), 12 in the U.S. and 6 in other countries. We are a holding company. We were incorporated under the laws of the BVI on June 29, 2021, solely for the purpose of effectuating the Merger, which was consummated on January 25, 2022.

Written from the business description in Satellogic Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 19 March 2026. Every sentence was checked against that document before publication.

Growth
USD 17.7M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 17.7 · Net income -4.8
8M16M-40M-80M202020212022202320242025
Compound annual growth
+43.3%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−27 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -175.2% · Net -27.0%
-500%-1000%-1500%202020212022202320242025
ROE
FY2025 · ROE -127.6%
-50%-100%202020212022202320242025

Each USD of equity lost 128 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -34.3
-40M-80M202020212022202320242025
Net buybacks $M Dividends $M
FY2023 · Dividends — · Net buybacks 0.0
4M8M2020202120222023

Total assetsUSD 151.3M
EquityUSD 60.5M
CashUSD 94.4M
Current ratio5.12×

Equity funds 40% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−0.0−0.1−0.1−0.1−0.1−0.0
EBITDA $B−0.0−0.0−0.1−0.1−0.1−0.0
Income tax $B0.00.00.00.0−0.00.0
Net income $B−0.0−0.1−0.1−0.0−0.1−0.0
Free cash flow $B−0.0−0.0−0.1−0.1−0.0−0.0
EPS, diluted $−0.18−1.28−0.68−0.66−5.78−1.34
Dividend / sh $······
Payout %······
ROE %−127.6·−77.3···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 22 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 67 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRadio & Tv Broadcasting & Communications Equipment
Listed onNASDAQ
Incorporated inoutside the United States — SEC code D8
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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