Satellogic (SATL) Operating Expenses (2024 - 2026)
Satellogic (SATL) posted Operating Expenses of $12.5 million for Q1 2026, down 6.84% sequentially from $13.4 million in Q4 2025, and down 3.36% YoY from $12.9 million in Q1 2025.
Satellogic (SATL) Operating Expenses (2024 - 2026) Analysis & Trends
Satellogic has reported Operating Expenses for 3 years, with the latest figure at $12.5 million 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 slipped to $12.5 million in Q1 2026 per SATL's latest filing, from $13.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $18.2 million in Q2 2024 and troughed at $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.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses slumped 41.0% in 2025, then slipped 3.36% in 2026.
- Over 3 years, Operating Expenses stood at $14.7 million in 2024, then slipped by 8.7% to $13.4 million in 2025, then fell 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 | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | Satellogic | 795.14 Mn | 673.21 Mn | 13.10 Mn | 15.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.65 Mn |
| 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 |