Satellogic Inc. (SATL) Form 8-K — Aug 5, 2026
Satellogic reported Q2 2026 revenue of $15.9 million, up 259% year-over-year from $4.4 million, and posted the first quarter of positive operating income ($0.3 million) and positive Adjusted EBITDA ($2.8 million) in company history. Growth was driven by Space Systems revenue of $8.8 million and Data & Analytics revenue of $7.1 million. GAAP net loss widened to $20.0 million from $6.7 million a year ago, but the increase was driven by a $19.7 million non-cash charge remeasuring Secured Convertible Notes, warrants and earnout liabilities after the stock price appreciated — management stated the charge is not indicative of underlying operating performance.
Key figures
- Revenue
- 15919000
- Revenue Yoy
- 259%
- Total Assets
- 196248000
- Cash Position
- 112809000
- Adjusted Ebitda
- 2844000
- Operating Income
- 266000
- Prior Year Revenue
- 4440000
- Ceii AProgram Value
- 18000000
- Warrant Liabilities
- 33537000
- Space Systems Revenue
- 8800000
- Data Analytics Revenue
- 7100000
- Non Cash Fair Value Charge
- 19679000
- Class AShares Outstanding
- 143125168
- Convertible Note Conversion
- $12.0 million principal converted into 10.0 million Class A shares
- Rpo Recognizable Within One Year
- 45800000
- Remaining Performance Obligations
- 80700000
- Sovereign Satellite Sale Agreement
- 12000000
- Remaining Convertible Note Principal
- 18000000
- International Defense Agreement Value
- more than $18 million (one-year agreement)
- Secured Convertible Notes At Fair Value
- 89730000
Price after filing
Close on the filing date to close N calendar days later (from $4.49). Historical, not a forecast.
AI analysis
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