Filing Flows › Satellogic (SATL) › Q4 2025
Satellogic (SATL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 19, 2026
Satellogic (SATL) reported revenue of $6.2M for the fourth quarter 2025 (Q4 2025), +94% from a year earlier and +72% from the quarter before. Operating margin was -114.2%, net earnings $30.5M (488.0% of revenue).
Satellogic, Q4 2025: revenue $6.2M (+94% year over year), operating margin -114.2%, net earnings $30.5M, operating cash flow −$9.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.2M | +72% | +94% |
| Operating profit | −$7.1M | — | — |
| Net earnings | $30.5M | +668% | — |
| Operating cash flow | −$9.5M | — | — |
What changed
Revenue was $6.2M in Q4 2025, up 94% year over year and up 72% from the previous quarter.
Operating costs exceeded revenue by $7.1M, an operating margin of -114.2%. Total costs fell 9% while revenue rose 94%. Net earnings were $30.5M. The effective tax rate was -0.4%. Non-operating items added $37.5M, 124% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$9.5M. Non-cash charges added back $1.7M of depreciation and $1.4M of share-based compensation. Working capital and other items used $43.1M. Capital expenditures of $3.3M exceeded it, leaving free cash flow of −$12.8M.
Questions
What was Satellogic's revenue in the fourth quarter 2025?
Satellogic (SATL) reported revenue of $6.2M for the fourth quarter 2025 (Q4 2025), +94% from a year earlier and +72% from the quarter before.
Was Satellogic profitable in the fourth quarter 2025?
Operating loss was $7.1M (-114.2% of revenue) and net earnings $30.5M.
Source: Satellogic 10-K on SEC EDGAR.