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| 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 |