earnings
confidence high
sentiment positive
materiality 0.80
Satellogic Q2 revenue up 259% to $15.9M; first quarter of positive operating income and positive Adjusted EBITDA
Satellogic Inc.
- Revenue $15.9M vs $4.4M YoY; Data & Analytics $7.1M, Space Systems $8.8M.
- GAAP operating income $0.3M (first positive quarter); net loss $20.0M includes $19.7M non-cash fair value charge.
- Adjusted EBITDA positive $2.8M vs ($3.9M) YoY; cash $112.8M; remaining performance obligations $80.7M.
- Signed $18M+ defense agreement and $12M sovereign satellite sale; Merlin constellation first launch on track for Q4 2026.
- Converted $12M of convertible note principal into 10M shares; outstanding principal reduced to $18M.