Company Analysis

Satellogic Inc. (SATL)

Nasdaq: SATL · Radio & Tv Broadcasting & Communications Equipment · Davidson, NC · filing with the SEC since 2021
Grade5.4
◀ Past 6.4● Present 4.6▶ Future 5.5
2 est.

The grade of Satellogic Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.4/10
◀ Past6.430% of the headline
● Present4.640% of the headline
▶ Future5.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.4/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
8.8/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 33% of this tense · 88th percentile among 21 sector filers · read for itself

From the record

Satellogic Inc.'s filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.4/10

What has it actually done, year after year?

6 filed years; profitable in 0 of 6.

weight 45% of this tense · 64th percentile among 21 sector filers · read for its customers

From the record

Satellogic Inc.'s 6 filed years say what it did: it rose in 4 of 4 years; it never fell from a peak; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • the share of years revenue rosetop 12% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak0.0%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.6/10

How has it treated the people who own it?

SI estimate 2.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 26th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 26% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 21 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Satellogic Inc.'s shareholder treatment is put at 2.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 26% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.6/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.0/10

Is it financially healthy right now?

ROE -8%: lost 8¢ per shareholder dollar. Leverage 60%: owes 60¢ per asset dollar.

weight 45% of this tense · 40th percentile among 21 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Satellogic Inc. lost about 8 cents for every dollar of shareholders' money. Leverage: it owed about 60 cents per dollar of assets, and net share issuance: its share count grew 47.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 40% of its family
  • return on equitytop 47% of its family
  • the share count against the year beforebottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.9/10

How strong is its position in its industry?

bottom 49% of 21 in its family; net margin -27%.

weight 33% of this tense · 49th percentile among 21 sector filers · read for its customers

From the record

Satellogic Inc.'s standing among 21 graded names in its industry family: revenue of $18 million in fiscal 2025 ranks in the bottom 24% by size; a net margin of -27% ranks in the bottom 36%; revenue growth of 43.3% a year over the last 3 filed years ranks in the top 12% (its annual reports).

What it rests on

  • revenue against the family$17.7Mbottom 24% of its family
  • net margin-27.0%bottom 36% of its family
  • three-year revenue growth43.3%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.3/10

What are the people in charge doing?

SI estimate 5.3/10, confidence 35 of 100 (one part).

weight 22% of this tense · 53rd percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 47% of 16 in its family; the record of its people begins on 2025-04-04 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.6 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2025-04-04 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.6 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 16 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Satellogic Inc.'s leadership is put at 5.3 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 47% of 16 in its family; the record of its people begins on 2025-04-04 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.6 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.4/10

How much room does it have to grow?

top 36% of 21 in its family for room to expand.

weight 45% of this tense · 64th percentile among 21 sector filers · read for itself

From the record

Satellogic Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $102 million against no long-term debt tagged leaves 67.5% of its assets as net cash, top 2% of its family; cash from operations less capital spending is -193.5% of revenue (bottom 17%); research spending of 28.2% of revenue (top 21%) (its annual report).

What it rests on

  • cash less debt against assets67.5%top 2% of its family
  • cash from operations less capital spending against revenue-193.5%bottom 17% of its family
  • research spending against revenue28.2%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.5/10

What could actually drive growth from here?

bottom 35% of 21 in its family for growth drivers.

weight 33% of this tense · 35th percentile among 21 sector filers · read for its customers

From the record

Satellogic Inc.'s growth drivers, from the filed years to fiscal 2025: the newest year grew 37.6% (top 26%); research spending grew -27.4% a year (bottom 17%); capital spending grew -35.3% a year (bottom 13%) (its annual reports). Satellogic Inc. reported 2 product lines in fiscal 2025: Data Analytics Including Caa S at $16 million (90%), Space Systems at $2 million (10%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • the newest year's revenue growth37.6%top 26% of its family
  • three-year growth of research spending-27.4%bottom 17% of its family
  • three-year growth of capital spending-35.3%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.6/10

Did its newest year beat what its own record pointed to?

top 34% of 19 in its family for expectations against reality.

weight 22% of this tense · 66th percentile among 19 sector filers · read for its shareholders

From the record

Satellogic Inc.'s newest year against its own record: revenue of $18 million in fiscal 2025 came in 5.9% below the $19 million its prior three years' pace pointed to (bottom 29% of its family); net income of $5 million against a prior three-year average of $71 million (top 17%); a net margin of -27% against losses larger than its revenue before (top 13%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.9%bottom 29% of its family
  • net income against the prior three years' average+93%top 17% of its family
  • net margin against its prior averageup more than 100 pointstop 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SATL · research, not advice