Satellogic (SATL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Satellogic

NasdaqCM•Industrials•Aerospace & Defense

$4.64+0.01(<0.01%)Market closed

Market Cap

$805.68M

P/S

25.3x

P/B

23.8x

Satellogic Inc. operates as a vertically integrated earth observation company in Europe, the Asia Pacific, Asia, North America, and South America. The company designs, manufactures, and operates satellite systems, delivering decision-grade insights; geospatial data through its platform to identify climate change, energy supply, and food security; provides constellation-as-a-service services and space system solutions; and satellite sales and support services. It also deploys satellites with monitoring assets. The company has strategic collaboration with SynMax to develop and deliver AI-powered geospatial intelligence products for defense and intelligence customers. The company serves government, commercial customers, sovereign customers, and local partners. It has a strategic collaboration agreement with SpaceKnow to deliver planetary-scale monitoring solutions to commercial and government customers. Satellogic Inc. was founded in 2010 and is headquartered in Davidson, North Carolina.

How this company scores

WeakMetricSide Score: 36/100

Strongest: Balance Sheet & Red Flags (13/25); weakest: Cash & Earnings Quality (2/25).

Profitability11/25

Growth10/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality2/25

Strengths

Long cash runwayConsistent growthNet cash positionImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 25.3x5y range 11.4x – 34.3x

Currently above its 4-quarter median.

P/B · 23.8x5y range 3.3x – 23.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 7 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $805.68M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $31.91M
Q. Revenue: $15.92M
TTM EBITDA: $-15.57M
TTM Op. Income: $-21.31M
Q. Op. Income: $266,000
TTM Net Income: $-103.90M
Q. Net Income: $-20.05M
EPS: $-0.13
Shares Out.: $150.59M

$31.91M in TTM revenue grew from zero YoY, reaching $15.92M last quarter. TTM EBITDA of $-15.57M and TTM operating income of $-21.31M show growth is flowing through to the bottom line. However, net income is negative at $103.90M — growth is not yet reaching the bottom line. Across the last 7 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 82.3%
EBITDA Margin: 8.9%
Op. Margin: 1.7%
Net Margin: -125.9%

Op. margin of 1.7% is up 143.2% YoY — cost efficiency is improving. Net margin at -125.9% and gross margin of 82.3% show how much of each revenue dollar survives to profit. Across the last 7 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 25.3x
P/B Ratio: 23.8x

P/S of 25.3x and P/B of 23.8x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $196.25M
Cash: $112.81M
Long-Term Debt: $89.73M
Book Value: $33.88M
D/E Ratio: 2.6
Debt/EBITDA: 63.6

With $196.25M in assets and $89.73M in long-term debt, D/E is 2.6and book value is $33.88M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is up 0% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-8.63M
TTM Free Cash Flow: $-42.17M
FCF Margin: -132.2%
FCF / Net Income: 0.4

TTM FCF of $-42.17M on $-8.63M in operating cash flow. The FCF / Net Income ratio of 0.4x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 0% — a weakening trend.