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| 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 |