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
DateValue
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