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

Satellogic (NASDAQ:SATL) announced its quarterly earnings data on Thursday. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.23, FiscalAI reports. The firm had revenue of $6.25 million during the quarter, compared to the consensus estimate 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 Stock Performance

NASDAQ:SATL opened at $3.37 on Friday. The company’s 50-day simple moving average is $3.53 and its 200-day simple moving average is $2.86. Satellogic has a fifty-two week low of $1.25 and a fifty-two week high of $5.93. The stock has a market capitalization of $456.53 million, a P/E ratio of -13.88 and a beta of 1.45.

Insider Activity at Satellogic

In related news, major shareholder Fitzgerald L. P. Cantor sold 388,827 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $5.63, for a total transaction of $2,189,096.01. Following the completion of the sale, the insider owned 12,862,075 shares of the company’s stock, valued at $72,413,482.25. This represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last three months, insiders have sold 524,373 shares of company stock worth $2,942,676. Insiders own 51.62% of the company’s stock.

Hedge Funds Weigh In On Satellogic

A number of large investors have recently made changes to their positions in SATL. Cantor Fitzgerald L. P. lifted its holdings in shares of Satellogic by 16.2% during the 4th quarter. Cantor Fitzgerald L. P. now owns 13,380,873 shares of the company’s stock valued at $25,022,000 after purchasing an additional 1,863,696 shares during the last quarter. Alyeska Investment Group L.P. purchased a new position in Satellogic during the 4th quarter worth $16,830,000. Vanguard Group Inc. grew its stake in Satellogic by 44.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,262,216 shares of the company’s stock worth $10,700,000 after buying an additional 1,002,400 shares during the last quarter. Weiss Asset Management LP acquired a new position in Satellogic during the 4th quarter valued at about $4,053,000. Finally, Geode Capital Management LLC raised its stake in Satellogic by 34.5% in the fourth quarter. Geode Capital Management LLC now owns 1,807,737 shares of the company’s stock valued at $3,381,000 after buying an additional 463,811 shares during the last quarter. 17.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SATL has been the topic of a number of recent research reports. Northland Securities assumed coverage on Satellogic in a research report on Wednesday, February 18th. They set an “outperform” rating and a $5.50 price target on the stock. Wall Street Zen cut shares of Satellogic from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Cantor Fitzgerald set a $7.00 target price on shares of Satellogic in a research report on Friday, February 20th. Freedom Capital upgraded shares of Satellogic to a “strong-buy” rating in a report on Wednesday, March 11th. Finally, Zacks Research upgraded shares of Satellogic to a “hold” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Satellogic presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.50.

About Satellogic

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.