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Satellogic SATL Product — Cost of revenue

Other product segments

Service
$1.69M+42.1%

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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 us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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
Total revenue15,9194,44022,0267,827
Costs and expenses, exclusive of depreciation shown separately below
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

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Satellogic's product — cost of revenue?
Satellogic (SATL) reported product — cost of revenue of $1.13M in Q2 2026.
What does product — cost of revenue mean?
This metric captures the direct costs incurred to produce, process, and deliver satellite imagery products to customers. It includes expenses such as satellite operations, data processing infrastructure, and the technical support required to maintain product availability. Monitoring this cost structure is critical for assessing the scalability and gross margin efficiency of the company's primary data-as-a-service business model.

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