Satellogic (SATL) Operating Expenses (2024 - 2026)
Satellogic (SATL) posted quarterly Operating Expenses of $12.5 million for Q1 2026, down 3.36% year-on-year from $12.9 million in Q1 2025, and down 6.84% on a QoQ basis from $13.4 million in Q4 2025.
Satellogic (SATL) Operating Expenses (2024 - 2026) Analysis & Trends
Satellogic (SATL) has reported Operating Expenses for 3 consecutive years, with $12.5 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses fell 3.36% year-over-year to $12.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $48.3 million (down 19.58% YoY) and the FY2025 annual result came in at $48.7 million, down 25.12% from the prior year.
- Operating Expenses fell to $12.5 million in Q1 2026 per SATL's latest filing, from $13.4 million in the prior quarter.
- Over the last five years, Operating Expenses for SATL reached as high as $18.2 million in Q2 2024 and fell as low as $10.7 million in Q2 2025.
- A 3-year average of $14.0 million and a median of $13.4 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses slumped 41.0% — and 2026, when it declined 3.36%.
- Year by year, Operating Expenses stood at $14.7 million in 2024, then fell by 8.7% to $13.4 million in 2025, then slipped by 6.84% to $12.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $12.5 million, $13.4 million, and $11.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 375.76 Bn | 366.42 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 290.54 Bn | 282.23 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.29 Bn | 150.27 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 133.52 Bn | 129.73 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 113.70 Bn | 111.26 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 103.50 Bn | 99.17 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 76.72 Bn | 74.42 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 73.38 Bn | 69.50 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 51.84 Bn | 51.25 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Satellogic | 500.33 Mn | 371.39 Mn | 4.66 Mn | 12.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.47 Mn |
| Dec 31, 2025 | 13.38 Mn |
| Sep 30, 2025 | 11.72 Mn |
| Jun 30, 2025 | 10.73 Mn |
| Mar 31, 2025 | 12.90 Mn |
| Dec 31, 2024 | 14.66 Mn |
| Sep 30, 2024 | 14.31 Mn |
| Jun 30, 2024 | 18.18 Mn |
| Mar 31, 2024 | 17.93 Mn |