Filing Flows

Filing Flows › Companies › Satellogic › Cash flow

Satellogic cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$14.3M in Q2 2026 · −$42.2M over twelve months

Operating cash flow−$8.6M
Capital spending−$5.6M
Free cash flow−$14.3M
Cash conversion cycle-9 days

Analysis

In Q2 2026, Satellogic generated −$8.6M of operating cash flow and spent $5.6M on capital projects, leaving free cash flow of −$14.3M. That is $9.1M less than in Q2 2025 (−$5.1M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$26.3M; the largest uses were operating cash flow ($26.3M), capital spending ($15.9M), taxes on employees’ shares ($1.2M); besides operations, cash came from other financing ($124M), other investing ($8.3M); the cash balance rose by $89.6M.

Operating cash flow was −$8.6M against net income of −$20.0M. The largest differences: receivables −$7.1M, deferred revenue +$5.0M, prepaid and other assets −$3.1M.

Its cash conversion cycle was -9 days (receivables 56 + inventory 67 − payables 132): suppliers fund its working capital.

Free cash flow

Satellogic: free cash flow by quarterSatellogic: free cash flow by quarter−$9.4MQ3 2024−$4.3MQ4 2024−$6.6MQ1 2025−$5.1MQ2 2025−$9.7MQ3 2025−$12.8MQ4 2025−$5.4MQ1 2026−$14.3MQ2 2026
Operating cash flow less capital spending.
Satellogic: operating cash flow against capital spendingSatellogic: operating cash flow against capital spendingOperating cash flowCapital spending−$8.4M$1.0MQ3 2024−$3.6M$703KQ4 2024−$4.7M$1.9MQ1 2025−$4.3M$776KQ2 2025−$8.4M$1.3MQ3 2025−$9.5M$3.3MQ4 2025$158K$5.5MQ1 2026−$8.6M$5.6MQ2 2026
Latest (Q2 2026): Operating cash flow −$8.6M, Capital spending $5.6M.

Capital allocation, year by year

Satellogic: where the cash came from (up) and went (down), by fiscal yearSatellogic: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingBuybacksFY2021: Operating cash flow −$28.4MFY2021: Net borrowing $7.5MFY2021: Shares issued $791KFY2021: Capital spending −$11.2M$8.3MFY2021FY2022: Operating cash flow −$68.5MFY2022: Shares issued $144KFY2022: Capital spending −$27.3MFY2022: Buybacks −$8.6M$144KFY2022FY2023: Operating cash flow −$49.6MFY2023: Shares issued $375KFY2023: Asset sales $450KFY2023: Capital spending −$14.9M$825KFY2023FY2024: Operating cash flow −$35.9MFY2024: Net borrowing $30.0MFY2024: Shares issued $10.5MFY2024: Capital spending −$5.0M$40.5MFY2024FY2025: Operating cash flow −$26.9MFY2025: Shares issued $1.8MFY2025: Capital spending −$7.4M$1.8MFY2025
Over these 5 years operating cash flow totalled −$209M; the largest uses were operating cash flow ($209M) and capital spending ($65.8M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$113M
Debtnone
Net cash$113M
Cash runway2.7 years

Satellogic is burning cash: its operations consume cash, a free cash flow of −$42.2M a year at the current rate against $113M of cash and investments: a runway of about 2.7 years before any new financing.

Where the cash came from and went

Satellogic: sources (+) and uses (−) of cash, Q2 2026Satellogic: sources (+) and uses (−) of cash, Q2 2026Operating cash flow−$8.6MOther investing$8.3MCash drawn (+) / kept (−)$6.1MCapital spending−$5.6MTaxes on employees’ shares−$388KShares issued$230KExchange rates$34KOther financing−$6K
Satellogic: sources (+) and uses (−) of cash, TTM to Q2 2026Satellogic: sources (+) and uses (−) of cash, TTM to Q2 2026Other financing$124MCash drawn (+) / kept (−)−$89.6MOperating cash flow−$26.3MCapital spending−$15.9MOther investing$8.3MTaxes on employees’ shares−$1.2MShares issued$719KExchange rates−$29K

From profit to cash

Satellogic: net income to operating cash flow, Q2 2026Satellogic: net income to operating cash flow, Q2 2026Net income−$20.0MDepreciation & amortization$1.1MStock-based pay$1.4MGains on disposals$129KReceivables−$7.1MInventory$996KPayables−$92KAccrued liabilities$337KDeferred revenue$5.0MPrepaid and other assets−$3.1MOperating cash flow−$8.6M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q2 20265667132-9
Q1 202613613819283

Every quarter

QuarterOperating cash flowCapital spendingShares issuedCash drawn (+) / kept (−)Free cash flow
Q2 2026−$8.6M−$5.6M$230K$6.1M−$14.3M
Q1 2026$158K−$5.5M$5K−$27.1M−$5.4M
Q4 2025−$9.5M−$3.3M$14K−$72.7M−$12.8M
Q3 2025−$8.4M−$1.3M$470K$4.2M−$9.7M
Q2 2025−$4.3M−$776K$359K−$14.7M−$5.1M
Q1 2025−$4.7M−$1.9M$2.1M$4.8M−$6.6M
Q4 2024−$3.6M−$703K$771K−$6.0M−$4.3M
Q3 2024−$8.4M−$1.0M$87K$9.1M−$9.4M

Satellogic: income statement and cash flow

Satellogic, Q2 2026: revenue $15.9M (+258% year over year), operating margin 1.7%. The chart follows the revenue to costs, profit and cash.

Satellogic: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.