Satellogic Earnings Call Transcripts
Fiscal Year 2026
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Revenue surged 259% year-over-year to $15.9 million, with positive operating income and adjusted EBITDA achieved for the first time. Strong sovereign and defense wins, expanding subscription revenue, and a robust backlog position the company for sustained profitability as the Merlin constellation launches in 2026.
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The meeting covered director elections and auditor ratification, with both proposals approved by shareholders. No questions were submitted, and final voting results will be filed with the SEC.
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Revenue rose 80% year-over-year to $6.1M, with adjusted EBITDA loss improving 32% and positive operating cash flow achieved for the first time. Major sovereign contracts, a shift to recurring revenue, and a strong cash position support a positive outlook, with Merlin’s launch on track and robust global demand, especially in Asia Pacific.
Fiscal Year 2025
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Revenue grew 38% to $17.7M in 2025, with operating expenses down 25% and adjusted EBITDA loss improving 48%. Major wins in sovereign and defense markets, a strong $94.4M cash position, and the launch of Aleph Observer and Merlin position the company for continued growth.