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Satellogic SATL Engineering

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Segments

By segment

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Reportable Segment$3.07M+32.1%

Other financials

Income statement

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Revenue$15.9M+259%
Gross profit$13.1M+303%
Operating income$266.0K+104%
Net income-$20.0M-201%
EPS (diluted)-$0.13-117%

Balance sheet

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Cash & equivalents$123.1M+267%
Total debt$6.8M+2.2%
Total equity$33.9M+150%
Total assets$196.2M+166%

Cash flow

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Operating cash flow-$8.6M-98.8%
CapEx$5.6M+626%
Free cash flow-$14.3M-179%

Valuation

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Market cap$848.64M+149%
Enterprise value$732.26M+133%
P/S26.6×+2.0×

Profitability

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Gross margin78.9%+14.2pp
Operating margin-66.8%-28.9pp
Net margin-723%+593pp
FCF margin-132.2%-28.9pp

Returns & leverage

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Return on equity-77.3%
Debt / equity0.2×
Current ratio2.3×+1.4×

Where this comes from

Reported directly by Satellogic in its filing.

Tagged under the XBRL concept satl:CostsAndExpensesEngineering.

The source filing: Satellogic’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 9:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001874315-26-000032
(in thousands of U.S. dollars, except share and per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of service revenue1,6901,1893,0902,426
Cost of product revenue1,1321,183
Cost of revenue2,8221,1894,2732,426
Engineering3,0742,3276,1544,820
Selling, general and administrative8,6125,36115,15711,846
Depreciation1,1451,8482,5374,535
Total costs and expenses15,65310,72528,12123,627
Operating income (loss)266(6,285)(6,095)(15,800)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Satellogic's engineering?
Satellogic (SATL) reported engineering of $3.07M in Q2 2026.
How has Satellogic's engineering changed year-over-year?
Satellogic's engineering increased by 32.1% year-over-year, from $2.33M to $3.07M.
What is the long-term trend for Satellogic's engineering?
Over 2 years (2023 to 2025), Satellogic's engineering has grown at a -31.6% compound annual growth rate (CAGR), from $22.2M to $10.38M.
What does engineering mean?
This represents the total expenditure dedicated to research, development, and technical engineering activities required to maintain and enhance the company's proprietary satellite constellation and data processing software. It reflects the company's commitment to technological innovation and product capability expansion. High levels of investment in this area are critical for maintaining competitive advantage in the satellite imagery market.

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