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Satellogic (SATL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Satellogic (SATL) reported revenue of $15.9M for the second quarter 2026 (Q2 2026), +259% from a year earlier and +161% from the quarter before. Operating margin was 1.7%, net loss $20.0M (125.9% of revenue).
Satellogic, Q2 2026: revenue $15.9M (+258% year over year), operating margin 1.7%, net loss $20.0M, operating cash flow −$8.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.9M | +161% | +259% |
| Operating profit | $266K | — | — |
| Net earnings | −$20.0M | — | — |
| Operating cash flow | −$8.6M | -5562% | — |
What changed
Revenue was $15.9M in Q2 2026, up 259% year over year and up 161% from the previous quarter. Product was the largest line at 52% of revenue. Service added $3.1M year over year (up 71%), 27% of the total change.
Operating profit was $266K, a 1.7% margin (up 143.2 points year over year). Total costs grew 46% against revenue growth of 259%. The fastest-growing cost line was Cost of revenue (+137%). The quarter ended with a net loss of $20.0M, narrower than the previous quarter's $118.3M loss. Net interest and other expense of $18.4M was the main reason.
Operating cash flow was −$8.6M. Non-cash charges added back $1.1M of depreciation and $1.4M of share-based compensation. Working capital and other items added $8.8M. Capital expenditures of $5.6M exceeded it, leaving free cash flow of −$14.3M.
Questions
What was Satellogic's revenue in the second quarter 2026?
Satellogic (SATL) reported revenue of $15.9M for the second quarter 2026 (Q2 2026), +259% from a year earlier and +161% from the quarter before.
Was Satellogic profitable in the second quarter 2026?
Operating profit was $266K (1.7% of revenue) and net loss $20.0M.
Source: Satellogic 10-Q on SEC EDGAR.