Filing Flows › Satellogic (SATL) › Q1 2026 › vs Q1 2025
Satellogic (SATL) Q1 2026 vs Q1 2025 (year over year)
Satellogic's revenue rose $2.7M (+80%) from $3.4M in Q1 2025 to $6.1M in Q1 2026. The biggest changes: Data & Analytics including CaaS +$1.6M (+54%); Space Systems +$1.1M (+284%).
Satellogic, Q1 2026: revenue $6.1M (+80% year over year), operating margin -104.2%, net loss $118M, operating cash flow $158K. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Data & Analytics including CaaS | $4.6M | $3.0M | $1.6M | +54% |
| Space Systems | $1.5M | $381K | $1.1M | +284% |
| Revenue | $6.1M | $3.4M | $2.7M | +80% |
| Net loss | $118M | $32.6M | $85.7M | +263% |
| Costs & expenses | $124M | $36.0M | $88.4M | +246% |
| Operating costs | $12.5M | $12.9M | −$434K | -3% |
| Interest & other, net | $112M | $22.4M | $89.5M | +401% |
| Income tax | $40K | $715K | −$675K | -94% |
| Cost of revenue | $1.5M | $1.2M | $214K | +17% |
| Research & development | $1.4M | $1.4M | $0 | 0% |
| SG&A | $6.5M | $6.5M | $60K | +0.9% |
| Other operating costs | $3.1M | $3.8M | −$708K | -19% |
| Operating cash sources | $118M | $27.9M | $90.6M | +325% |
| Depreciation | $1.4M | $2.7M | −$1.3M | -48% |
| Share-based compensation | $735K | $595K | $140K | +24% |
| Working capital & other | $116M | $24.6M | $91.8M | +373% |
| Net loss absorbed | $118M | $32.6M | $85.7M | +263% |
| Operating cash flow | $158K | −$4.7M | $4.9M | — |
| Capital expenditures | $5.5M | $1.9M | $3.6M | +190% |
| Negative free cash flow (OCF − capex) | $5.4M | $6.6M | −$1.2M | -19% |
Questions
How much did Satellogic's revenue grow year over year in Q1 2026?
Satellogic's revenue rose $2.7M (+80%) from $3.4M in Q1 2025 to $6.1M in Q1 2026.
What drove Satellogic's revenue change in Q1 2026?
Data & Analytics including CaaS +$1.6M (+54%); Space Systems +$1.1M (+284%).