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Side-by-side financial comparison of Satellogic Inc. (SATL) and SOLAI Ltd (SLAI). Click either name above to swap in a different company.
SOLAI Ltd is the larger business by last-quarter revenue ($11.0M vs $6.2M, roughly 1.8× Satellogic Inc.). Satellogic Inc. runs the higher net margin — 488.0% vs -126.2%, a 614.2% gap on every dollar of revenue. Satellogic Inc. produced more free cash flow last quarter ($-12.8M vs $-17.0M).
Satellogic Inc. is an American company specializing in Earth-observation satellites, founded in 2010 by Emiliano Kargieman and Gerardo Richarte.
SATL vs SLAI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.2M | $11.0M |
| Net Profit | $30.5M | $-13.9M |
| Gross Margin | — | 0.1% |
| Operating Margin | -114.2% | -126.2% |
| Net Margin | 488.0% | -126.2% |
| Revenue YoY | — | -43.1% |
| Net Profit YoY | — | -173.4% |
| EPS (diluted) | $0.24 | $-0.01 |
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.
| Q4 25 | $6.2M | — | ||
| Q3 25 | $3.6M | — | ||
| Q2 25 | $4.4M | $11.0M | ||
| Q1 25 | $3.4M | — | ||
| Q2 24 | $3.5M | $19.4M |
| Q4 25 | $30.5M | — | ||
| Q3 25 | $4.0M | — | ||
| Q2 25 | $-6.7M | $-13.9M | ||
| Q1 25 | $-32.6M | — | ||
| Q2 24 | $-18.1M | $18.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | — | ||
| Q2 24 | — | 52.4% |
| Q4 25 | -114.2% | — | ||
| Q3 25 | -222.5% | — | ||
| Q2 25 | -141.6% | -126.2% | ||
| Q1 25 | -280.9% | — | ||
| Q2 24 | -419.2% | -2.6% |
| Q4 25 | 488.0% | — | ||
| Q3 25 | 109.2% | — | ||
| Q2 25 | -149.8% | -126.2% | ||
| Q1 25 | -961.9% | — | ||
| Q2 24 | -517.0% | 97.9% |
| Q4 25 | $0.24 | — | ||
| Q3 25 | $-0.02 | — | ||
| Q2 25 | $-0.06 | $-0.01 | ||
| Q1 25 | $-0.34 | — | ||
| Q2 24 | $-0.20 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $94.4M | $1.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $60.5M | $43.8M |
| Total Assets | $151.3M | $69.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $94.4M | — | ||
| Q3 25 | $28.3M | — | ||
| Q2 25 | $32.6M | $1.2M | ||
| Q1 25 | $17.7M | — | ||
| Q2 24 | $25.6M | $2.3M |
| Q4 25 | $60.5M | — | ||
| Q3 25 | $-56.9M | — | ||
| Q2 25 | $-68.1M | $43.8M | ||
| Q1 25 | $-83.1M | — | ||
| Q2 24 | $19.1M | $45.9M |
| Q4 25 | $151.3M | — | ||
| Q3 25 | $70.9M | — | ||
| Q2 25 | $73.8M | $69.1M | ||
| Q1 25 | $61.4M | — | ||
| Q2 24 | $76.6M | $63.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-9.5M | $-17.0M |
| Free Cash FlowOCF − Capex | $-12.8M | $-17.0M |
| FCF MarginFCF / Revenue | -204.9% | -154.2% |
| Capex IntensityCapex / Revenue | 53.6% | 0.0% |
| Cash ConversionOCF / Net Profit | -0.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-34.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.5M | — | ||
| Q3 25 | $-8.4M | — | ||
| Q2 25 | $-4.3M | $-17.0M | ||
| Q1 25 | $-4.7M | — | ||
| Q2 24 | — | $-12.1M |
| Q4 25 | $-12.8M | — | ||
| Q3 25 | $-9.7M | — | ||
| Q2 25 | $-5.1M | $-17.0M | ||
| Q1 25 | $-6.6M | — | ||
| Q2 24 | — | — |
| Q4 25 | -204.9% | — | ||
| Q3 25 | -267.2% | — | ||
| Q2 25 | -115.3% | -154.2% | ||
| Q1 25 | -195.9% | — | ||
| Q2 24 | — | — |
| Q4 25 | 53.6% | — | ||
| Q3 25 | 36.8% | — | ||
| Q2 25 | 17.5% | 0.0% | ||
| Q1 25 | 56.5% | — | ||
| Q2 24 | — | — |
| Q4 25 | -0.31× | — | ||
| Q3 25 | -2.11× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | -0.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SATL
| Transferred At Point In Time | $5.7M | 91% |
| Other | $547.0K | 9% |
SLAI
| Data center | $6.5M | 59% |
| Cryptocurrency mining | $4.6M | 41% |
