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 (SATL) has 3 years of Operating Expenses data on file, last reported 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.
  • The five-year high for Operating Expenses was $18.2 million in Q2 2024, with the low at $10.7 million in Q2 2025.
  • Average Operating Expenses over 3 years is $14.0 million, with a median of $13.4 million recorded in 2025.
  • Year-over-year, Operating Expenses plunged 41.0% in 2025 and declined 3.36% in 2026.
  • Satellogic's Operating Expenses stood at $14.7 million in 2024, then dropped by 8.7% to $13.4 million in 2025, then retreated by 6.84% to $12.5 million in 2026.
  • Business Quant data shows SATL's Operating Expenses at $12.5 million in Q1 2026, $13.4 million in Q4 2025, and $11.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 Satellogic 780.82 Mn 651.87 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