Satellogic (NASDAQ:SATL) Releases Quarterly Earnings Results, Beats Estimates By $0.23 EPS

Satellogic (NASDAQ:SATL) posted its quarterly earnings data on Thursday. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.23, FiscalAI reports. The company had revenue of $6.25 million for the quarter, compared to analyst estimates of $3.83 million.

Here are the key takeaways from Satellogic’s conference call:

• Revenue grew 38% YoY to $17.7 million in 2025, operating expenses fell 25%, adjusted EBITDA loss improved 48%, and the company ended the year with $94.4 million in cash (plus a $35M follow-on in Jan‑2026), strengthening liquidity to fund execution.
• Satellogic completed its U.S. domicile in March 2025, which management says unlocks U.S. government, defense, and allied sovereign contracting, materially expanding addressable markets previously closed to the company.
• Product roadmap acceleration — Aleph Observer is live as a subscription-style persistent monitoring service, and the fully funded Merlin constellation (first launch targeted Oct‑2026; initial 8‑sat tranche operational H1‑2027) aims to enable daily 1m global remaps with in‑orbit AI, inter‑satellite links, real‑time alerts, and retasking.
• Commercial traction strengthened with a $65.1 million non‑cancelable RPO backlog (≈$28.6M near‑term), notable wins including an $80M CEIIA Portugal sovereign deal and contracts in India, Albania and Australia, and a stated pipeline exceeding $1 billion.
• Execution and profitability risks remain — the company still reported an operating loss (~$31M) in 2025, and much of the improvement in net loss was driven by an $85.9M favorable fair‑value change in financial instruments rather than recurring operating performance, making Merlin delivery timelines and sustained commercial conversion critical.

Satellogic Trading Up 2.7%

Shares of NASDAQ SATL opened at $3.37 on Friday. Satellogic has a 12 month low of $1.25 and a 12 month high of $5.93. The company has a 50 day simple moving average of $3.53 and a two-hundred day simple moving average of $2.86. The stock has a market cap of $456.53 million, a price-to-earnings ratio of -13.88 and a beta of 1.45.

Insider Buying and Selling at Satellogic

In other news, major shareholder Fitzgerald L. P. Cantor sold 5,575 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $5.55, for a total value of $30,941.25. Following the sale, the insider owned 12,856,500 shares in the company, valued at $71,353,575. This represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 524,373 shares of company stock valued at $2,942,676 in the last quarter. 51.62% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Satellogic

Several hedge funds have recently added to or reduced their stakes in the business. Neuberger Berman Group LLC acquired a new stake in Satellogic during the 4th quarter worth about $25,000. StoneX Group Inc. acquired a new position in shares of Satellogic in the 4th quarter valued at about $25,000. Abel Hall LLC acquired a new position in shares of Satellogic in the 4th quarter valued at about $25,000. Legal & General Group Plc purchased a new stake in shares of Satellogic in the second quarter worth about $27,000. Finally, LMR Partners LLP acquired a new stake in Satellogic during the second quarter worth about $30,000. 17.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on SATL shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Satellogic in a research report on Thursday, January 22nd. Cantor Fitzgerald set a $7.00 price objective on shares of Satellogic in a research note on Friday, February 20th. Loop Capital set a $4.50 price objective on shares of Satellogic in a report on Wednesday, March 11th. Craig Hallum began coverage on Satellogic in a research report on Wednesday, January 21st. They issued a “buy” rating and a $5.00 target price on the stock. Finally, Zacks Research raised Satellogic to a “hold” rating in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $5.50.

Satellogic Company Profile

Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low‐Earth‐orbit (LEO) microsatellite constellation. The company’s satellites capture high‐resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic’s vertically integrated model covers end‐to‐end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.

Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth’s surface.