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Side-by-side financial comparison of Satellogic Inc. (SATL) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.

SOLESENCE, INC. is the larger business by last-quarter revenue ($12.5M vs $6.2M, roughly 2.0× Satellogic Inc.). Satellogic Inc. runs the higher net margin — 488.0% vs 1.3%, a 486.7% gap on every dollar of revenue.

SATL vs SLSN — Head-to-Head

Bigger by revenue
SLSN
SLSN
2.0× larger
SLSN
$12.5M
$6.2M
SATL
Higher net margin
SATL
SATL
486.7% more per $
SATL
488.0%
1.3%
SLSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SATL
SATL
SLSN
SLSN
Revenue
$6.2M
$12.5M
Net Profit
$30.5M
$163.0K
Gross Margin
27.5%
Operating Margin
-114.2%
1.5%
Net Margin
488.0%
1.3%
Revenue YoY
-0.7%
Net Profit YoY
129.2%
EPS (diluted)
$0.24
$0.00

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
SATL
SATL
SLSN
SLSN
Q4 25
$6.2M
$12.5M
Q3 25
$3.6M
$14.6M
Q2 25
$4.4M
$20.4M
Q1 25
$3.4M
$14.6M
Q4 24
$12.6M
Q3 24
$16.9M
Q2 24
$3.5M
$13.0M
Q1 24
$9.9M
Net Profit
SATL
SATL
SLSN
SLSN
Q4 25
$30.5M
$163.0K
Q3 25
$4.0M
$-1.1M
Q2 25
$-6.7M
$2.7M
Q1 25
$-32.6M
$80.0K
Q4 24
$-559.0K
Q3 24
$3.0M
Q2 24
$-18.1M
$856.0K
Q1 24
$893.0K
Gross Margin
SATL
SATL
SLSN
SLSN
Q4 25
27.5%
Q3 25
23.1%
Q2 25
28.9%
Q1 25
23.1%
Q4 24
22.0%
Q3 24
36.2%
Q2 24
28.7%
Q1 24
36.3%
Operating Margin
SATL
SATL
SLSN
SLSN
Q4 25
-114.2%
1.5%
Q3 25
-222.5%
-5.4%
Q2 25
-141.6%
9.4%
Q1 25
-280.9%
1.8%
Q4 24
-1.8%
Q3 24
19.0%
Q2 24
-419.2%
8.0%
Q1 24
11.3%
Net Margin
SATL
SATL
SLSN
SLSN
Q4 25
488.0%
1.3%
Q3 25
109.2%
-7.7%
Q2 25
-149.8%
13.1%
Q1 25
-961.9%
0.5%
Q4 24
-4.4%
Q3 24
18.1%
Q2 24
-517.0%
6.6%
Q1 24
9.0%
EPS (diluted)
SATL
SATL
SLSN
SLSN
Q4 25
$0.24
$0.00
Q3 25
$-0.02
$-0.02
Q2 25
$-0.06
$0.04
Q1 25
$-0.34
$0.00
Q4 24
$0.00
Q3 24
$0.04
Q2 24
$-0.20
$0.01
Q1 24
$0.02

Balance Sheet & Financial Strength

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

Metric
SATL
SATL
SLSN
SLSN
Cash + ST InvestmentsLiquidity on hand
$94.4M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$60.5M
$17.6M
Total Assets
$151.3M
$50.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SATL
SATL
SLSN
SLSN
Q4 25
$94.4M
$1.3M
Q3 25
$28.3M
$429.0K
Q2 25
$32.6M
$4.1M
Q1 25
$17.7M
$1.8M
Q4 24
$1.4M
Q3 24
$2.9M
Q2 24
$25.6M
$2.4M
Q1 24
$2.0M
Stockholders' Equity
SATL
SATL
SLSN
SLSN
Q4 25
$60.5M
$17.6M
Q3 25
$-56.9M
$17.2M
Q2 25
$-68.1M
$18.2M
Q1 25
$-83.1M
$15.2M
Q4 24
$14.9M
Q3 24
$15.2M
Q2 24
$19.1M
$11.9M
Q1 24
$5.0M
Total Assets
SATL
SATL
SLSN
SLSN
Q4 25
$151.3M
$50.1M
Q3 25
$70.9M
$54.0M
Q2 25
$73.8M
$60.0M
Q1 25
$61.4M
$57.0M
Q4 24
$50.0M
Q3 24
$48.0M
Q2 24
$76.6M
$40.8M
Q1 24
$38.5M

Cash Flow & Capital Efficiency

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

Metric
SATL
SATL
SLSN
SLSN
Operating Cash FlowLast quarter
$-9.5M
$1.8M
Free Cash FlowOCF − Capex
$-12.8M
FCF MarginFCF / Revenue
-204.9%
Capex IntensityCapex / Revenue
53.6%
Cash ConversionOCF / Net Profit
-0.31×
11.16×
TTM Free Cash FlowTrailing 4 quarters
$-34.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SATL
SATL
SLSN
SLSN
Q4 25
$-9.5M
$1.8M
Q3 25
$-8.4M
$-2.5M
Q2 25
$-4.3M
$-654.0K
Q1 25
$-4.7M
$-7.2M
Q4 24
$2.2M
Q3 24
$4.2M
Q2 24
$-565.0K
Q1 24
$-3.9M
Free Cash Flow
SATL
SATL
SLSN
SLSN
Q4 25
$-12.8M
Q3 25
$-9.7M
Q2 25
$-5.1M
Q1 25
$-6.6M
Q4 24
$-404.0K
Q3 24
$2.8M
Q2 24
$-1.0M
Q1 24
$-3.9M
FCF Margin
SATL
SATL
SLSN
SLSN
Q4 25
-204.9%
Q3 25
-267.2%
Q2 25
-115.3%
Q1 25
-195.9%
Q4 24
-3.2%
Q3 24
16.6%
Q2 24
-8.0%
Q1 24
-39.9%
Capex Intensity
SATL
SATL
SLSN
SLSN
Q4 25
53.6%
Q3 25
36.8%
Q2 25
17.5%
Q1 25
56.5%
Q4 24
20.6%
Q3 24
8.3%
Q2 24
3.7%
Q1 24
0.9%
Cash Conversion
SATL
SATL
SLSN
SLSN
Q4 25
-0.31×
11.16×
Q3 25
-2.11×
Q2 25
-0.25×
Q1 25
-90.26×
Q4 24
Q3 24
1.38×
Q2 24
-0.66×
Q1 24
-4.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SATL
SATL

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

SLSN
SLSN

Segment breakdown not available.

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