Satellogic (SATL) Operating Expenses (2024 - 2026)

Satellogic's (SATL) quarterly Operating Expenses came in at $12.5 million in Q1 2026, down 3.36% year-on-year from $12.9 million in Q1 2025, and down 6.84% quarter-over-quarter from $13.4 million in Q4 2025.

Satellogic (SATL) Operating Expenses (2024 - 2026) Analysis & Trends

Satellogic has disclosed Operating Expenses across 3 years of filings, most recently posting $12.5 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $12.5 million, down 3.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $48.3 million (down 19.58% YoY), and the FY2025 annual result was $48.7 million, down 25.12% from the prior year.
  • Operating Expenses came in at $12.5 million for Q1 2026 at Satellogic, down from $13.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $18.2 million in Q2 2024 to a low of $10.7 million in Q2 2025.
  • The 3-year median for Operating Expenses is $13.4 million (2025), against an average of $14.0 million.
  • Across the five-year window, Operating Expenses slumped 41.0% in 2025 and retreated 3.36% in 2026, its largest moves.
  • Satellogic's Operating Expenses stood at $14.7 million in 2024, then retreated by 8.7% to $13.4 million in 2025, then dropped by 6.84% to $12.5 million in 2026.
  • The last three Operating Expenses figures came in at $12.5 million (Q1 2026), $13.4 million (Q4 2025), and $11.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 Satellogic 939.38 Mn 810.43 Mn 4.65 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