Satellogic, Inc. has reported its financial results for the fourth quarter and full year of 2025, showcasing significant growth and improvements across various financial metrics. The company's CEO, Emiliano Kargieman, highlighted that the year 2025 delivered revenue acceleration and operational improvements in delivering persistent monitoring at scale.
In the fourth quarter of 2025, Satellogic reported a 94% increase in revenue to $6.2 million compared to $3.2 million in the prior-year period. The full-year revenue for 2025 increased by 38% to $17.7 million compared to $12.9 million in 2024. Notably, the company's net cash used in operating activities decreased by 25% to $26.9 million for the year ended December 31, 2025, and the non-GAAP adjusted EBITDA loss improved by 48% to $17.4 million compared to the prior year.
The company also strengthened its balance sheet with $94.4 million in cash on hand at the end of 2025, compared to $22.5 million at the end of 2024. Additionally, Satellogic's remaining performance obligations stood at $65.1 million as of December 31, 2025, including $28.6 million expected to be recognized as revenue within one year.
Moreover, the financial results for the three months ended December 31, 2025, revealed that the net income improved significantly to $30.5 million compared to a net loss of $70.9 million in the prior-year period. The non-GAAP adjusted EBITDA loss for the same period improved to $3.1 million compared to a loss of $7.5 million in the prior-year period.
Satellogic's operational highlights included launching the Aleph Observer, introducing the Merlin constellation, extending agreements with various governments, and securing multi-million-dollar agreements with customers across different regions.
Following these announcements, the company's shares moved 2.01%, and are now trading at a price of $3.56. For more information, read the company's full 8-K submission here.
