Filing Flows › Satellogic (SATL) › Q2 2025
Satellogic (SATL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
Satellogic (SATL) reported revenue of $4.4M for the second quarter 2025 (Q2 2025), +27% from a year earlier and +31% from the quarter before. Operating margin was -141.6%, net loss $6.7M (149.8% of revenue).
Satellogic, Q2 2025: revenue $4.4M (+27% year over year), operating margin -141.6%, net loss $6.7M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4M | +31% | +27% |
| Operating profit | −$6.3M | — | — |
| Net earnings | −$6.7M | — | — |
| Operating cash flow | −$4.3M | — | — |
What changed
Revenue was $4.4M in Q2 2025, up 27% year over year and up 31% from the previous quarter. Asset Monitoring was the largest line at 80% of revenue. Asset Monitoring added $580K year over year (up 20%), 62% of the total change.
Operating costs exceeded revenue by $6.3M, an operating margin of -141.6%. Total costs fell 41% while revenue rose 27%. The quarter ended with a net loss of $6.7M, narrower than the previous quarter's $32.6M loss.
Operating cash flow was −$4.3M. Non-cash charges added back $1.8M of depreciation and $576K of share-based compensation. Capital expenditures of $776K exceeded it, leaving free cash flow of −$5.1M.
Questions
What was Satellogic's revenue in the second quarter 2025?
Satellogic (SATL) reported revenue of $4.4M for the second quarter 2025 (Q2 2025), +27% from a year earlier and +31% from the quarter before.
Was Satellogic profitable in the second quarter 2025?
Operating loss was $6.3M (-141.6% of revenue) and net loss $6.7M.
Source: Satellogic 10-Q on SEC EDGAR.