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Side-by-side financial comparison of Cellectis S.A. (CLLS) and Satellogic Inc. (SATL). Click either name above to swap in a different company.

Cellectis S.A. is the larger business by last-quarter revenue ($9.5M vs $6.2M, roughly 1.5× Satellogic Inc.). Satellogic Inc. runs the higher net margin — 488.0% vs -265.9%, a 753.9% gap on every dollar of revenue. Cellectis S.A. produced more free cash flow last quarter ($27.6M vs $-12.8M).

Cellectis is a French biopharmaceutical company. It develops genome-edited chimeric antigen receptor T-cell technologies for cancer immunotherapy. It has offices in Paris, New York City, and Raleigh, North Carolina.

Satellogic Inc. is an American company specializing in Earth-observation satellites, founded in 2010 by Emiliano Kargieman and Gerardo Richarte.

CLLS vs SATL — Head-to-Head

Bigger by revenue
CLLS
CLLS
1.5× larger
CLLS
$9.5M
$6.2M
SATL
Higher net margin
SATL
SATL
753.9% more per $
SATL
488.0%
-265.9%
CLLS
More free cash flow
CLLS
CLLS
$40.4M more FCF
CLLS
$27.6M
$-12.8M
SATL

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
CLLS
CLLS
SATL
SATL
Revenue
$9.5M
$6.2M
Net Profit
$-25.3M
$30.5M
Gross Margin
Operating Margin
-181.1%
-114.2%
Net Margin
-265.9%
488.0%
Revenue YoY
375.0%
Net Profit YoY
-51.9%
EPS (diluted)
$-0.28
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLLS
CLLS
SATL
SATL
Q4 25
$6.2M
Q3 25
$3.6M
Q2 25
$4.4M
Q1 25
$3.4M
Q2 24
$9.5M
$3.5M
Q3 23
$1.6M
Q2 23
$2.0M
Q2 22
$2.7M
Net Profit
CLLS
CLLS
SATL
SATL
Q4 25
$30.5M
Q3 25
$4.0M
Q2 25
$-6.7M
Q1 25
$-32.6M
Q2 24
$-25.3M
$-18.1M
Q3 23
$-17.5M
Q2 23
$-16.6M
Q2 22
$-19.5M
Gross Margin
CLLS
CLLS
SATL
SATL
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
Q3 23
Q2 23
97.3%
Q2 22
87.9%
Operating Margin
CLLS
CLLS
SATL
SATL
Q4 25
-114.2%
Q3 25
-222.5%
Q2 25
-141.6%
Q1 25
-280.9%
Q2 24
-181.1%
-419.2%
Q3 23
-1258.1%
Q2 23
-1180.5%
Q2 22
-1003.0%
Net Margin
CLLS
CLLS
SATL
SATL
Q4 25
488.0%
Q3 25
109.2%
Q2 25
-149.8%
Q1 25
-961.9%
Q2 24
-265.9%
-517.0%
Q3 23
-1064.1%
Q2 23
-831.6%
Q2 22
-714.4%
EPS (diluted)
CLLS
CLLS
SATL
SATL
Q4 25
$0.24
Q3 25
$-0.02
Q2 25
$-0.06
Q1 25
$-0.34
Q2 24
$-0.28
$-0.20
Q3 23
$-0.31
Q2 23
$-0.20
Q2 22
$-0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLLS
CLLS
SATL
SATL
Cash + ST InvestmentsLiquidity on hand
$149.0M
$94.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$148.6M
$60.5M
Total Assets
$407.1M
$151.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLLS
CLLS
SATL
SATL
Q4 25
$94.4M
Q3 25
$28.3M
Q2 25
$32.6M
Q1 25
$17.7M
Q2 24
$149.0M
$25.6M
Q3 23
Q2 23
$84.4M
Q2 22
$129.4M
Stockholders' Equity
CLLS
CLLS
SATL
SATL
Q4 25
$60.5M
Q3 25
$-56.9M
Q2 25
$-68.1M
Q1 25
$-83.1M
Q2 24
$148.6M
$19.1M
Q3 23
$76.1M
Q2 23
$96.6M
Q2 22
$180.5M
Total Assets
CLLS
CLLS
SATL
SATL
Q4 25
$151.3M
Q3 25
$70.9M
Q2 25
$73.8M
Q1 25
$61.4M
Q2 24
$407.1M
$76.6M
Q3 23
$209.7M
Q2 23
$227.7M
Q2 22
$320.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLLS
CLLS
SATL
SATL
Operating Cash FlowLast quarter
$28.9M
$-9.5M
Free Cash FlowOCF − Capex
$27.6M
$-12.8M
FCF MarginFCF / Revenue
290.5%
-204.9%
Capex IntensityCapex / Revenue
13.2%
53.6%
Cash ConversionOCF / Net Profit
-0.31×
TTM Free Cash FlowTrailing 4 quarters
$-34.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLLS
CLLS
SATL
SATL
Q4 25
$-9.5M
Q3 25
$-8.4M
Q2 25
$-4.3M
Q1 25
$-4.7M
Q2 24
$28.9M
Q3 23
Q2 23
$-47.4M
Q2 22
$-60.2M
Free Cash Flow
CLLS
CLLS
SATL
SATL
Q4 25
$-12.8M
Q3 25
$-9.7M
Q2 25
$-5.1M
Q1 25
$-6.6M
Q2 24
$27.6M
Q3 23
Q2 23
$-47.9M
Q2 22
$-61.7M
FCF Margin
CLLS
CLLS
SATL
SATL
Q4 25
-204.9%
Q3 25
-267.2%
Q2 25
-115.3%
Q1 25
-195.9%
Q2 24
290.5%
Q3 23
Q2 23
-2391.4%
Q2 22
-2266.7%
Capex Intensity
CLLS
CLLS
SATL
SATL
Q4 25
53.6%
Q3 25
36.8%
Q2 25
17.5%
Q1 25
56.5%
Q2 24
13.2%
Q3 23
Q2 23
24.1%
Q2 22
56.6%
Cash Conversion
CLLS
CLLS
SATL
SATL
Q4 25
-0.31×
Q3 25
-2.11×
Q2 25
Q1 25
Q2 24
Q3 23
Q2 23
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLLS
CLLS

Segment breakdown not available.

SATL
SATL

Transferred At Point In Time$5.7M91%
Other$547.0K9%

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