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

Ubiquiti Inc. is the larger business by last-quarter revenue ($814.9M vs $6.2M, roughly 130.4× Satellogic Inc.). Satellogic Inc. runs the higher net margin — 488.0% vs 28.7%, a 459.3% gap on every dollar of revenue. Ubiquiti Inc. produced more free cash flow last quarter ($260.3M vs $-12.8M).

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

Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.

SATL vs UI — Head-to-Head

Bigger by revenue
UI
UI
130.4× larger
UI
$814.9M
$6.2M
SATL
Higher net margin
SATL
SATL
459.3% more per $
SATL
488.0%
28.7%
UI
More free cash flow
UI
UI
$273.1M more FCF
UI
$260.3M
$-12.8M
SATL

Income Statement — Q4 2025 vs Q2 2026

Metric
SATL
SATL
UI
UI
Revenue
$6.2M
$814.9M
Net Profit
$30.5M
$233.6M
Gross Margin
45.9%
Operating Margin
-114.2%
35.9%
Net Margin
488.0%
28.7%
Revenue YoY
35.8%
Net Profit YoY
70.8%
EPS (diluted)
$0.24
$3.86

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
UI
UI
Q4 25
$6.2M
$814.9M
Q3 25
$3.6M
$733.8M
Q2 25
$4.4M
$759.2M
Q1 25
$3.4M
$664.2M
Q4 24
$599.9M
Q3 24
$550.3M
Q2 24
$3.5M
$507.5M
Q1 24
$493.0M
Net Profit
SATL
SATL
UI
UI
Q4 25
$30.5M
$233.6M
Q3 25
$4.0M
$207.9M
Q2 25
$-6.7M
$266.7M
Q1 25
$-32.6M
$180.4M
Q4 24
$136.8M
Q3 24
$128.0M
Q2 24
$-18.1M
$103.8M
Q1 24
$76.3M
Gross Margin
SATL
SATL
UI
UI
Q4 25
45.9%
Q3 25
46.0%
Q2 25
45.1%
Q1 25
44.5%
Q4 24
41.2%
Q3 24
42.1%
Q2 24
40.2%
Q1 24
35.3%
Operating Margin
SATL
SATL
UI
UI
Q4 25
-114.2%
35.9%
Q3 25
-222.5%
35.7%
Q2 25
-141.6%
34.4%
Q1 25
-280.9%
34.2%
Q4 24
29.8%
Q3 24
30.7%
Q2 24
-419.2%
27.3%
Q1 24
22.6%
Net Margin
SATL
SATL
UI
UI
Q4 25
488.0%
28.7%
Q3 25
109.2%
28.3%
Q2 25
-149.8%
35.1%
Q1 25
-961.9%
27.2%
Q4 24
22.8%
Q3 24
23.3%
Q2 24
-517.0%
20.5%
Q1 24
15.5%
EPS (diluted)
SATL
SATL
UI
UI
Q4 25
$0.24
$3.86
Q3 25
$-0.02
$3.43
Q2 25
$-0.06
$4.40
Q1 25
$-0.34
$2.98
Q4 24
$2.26
Q3 24
$2.12
Q2 24
$-0.20
$1.72
Q1 24
$1.26

Balance Sheet & Financial Strength

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

Metric
SATL
SATL
UI
UI
Cash + ST InvestmentsLiquidity on hand
$94.4M
$302.8M
Total DebtLower is stronger
$47.5M
Stockholders' EquityBook value
$60.5M
$1.0B
Total Assets
$151.3M
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SATL
SATL
UI
UI
Q4 25
$94.4M
$302.8M
Q3 25
$28.3M
$177.2M
Q2 25
$32.6M
$149.7M
Q1 25
$17.7M
$151.0M
Q4 24
$133.1M
Q3 24
$165.2M
Q2 24
$25.6M
$126.3M
Q1 24
$102.5M
Total Debt
SATL
SATL
UI
UI
Q4 25
$47.5M
Q3 25
$133.8M
Q2 25
$250.0M
Q1 25
$340.0M
Q4 24
$406.3M
Q3 24
$552.5M
Q2 24
$708.1M
Q1 24
$877.5M
Stockholders' Equity
SATL
SATL
UI
UI
Q4 25
$60.5M
$1.0B
Q3 25
$-56.9M
$828.4M
Q2 25
$-68.1M
$668.3M
Q1 25
$-83.1M
$436.1M
Q4 24
$290.4M
Q3 24
$188.1M
Q2 24
$19.1M
$95.1M
Q1 24
$25.9M
Total Assets
SATL
SATL
UI
UI
Q4 25
$151.3M
$1.6B
Q3 25
$70.9M
$1.5B
Q2 25
$73.8M
$1.5B
Q1 25
$61.4M
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$76.6M
$1.2B
Q1 24
$1.2B
Debt / Equity
SATL
SATL
UI
UI
Q4 25
0.05×
Q3 25
0.16×
Q2 25
0.37×
Q1 25
0.78×
Q4 24
1.40×
Q3 24
2.94×
Q2 24
7.45×
Q1 24
33.92×

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
UI
UI
Operating Cash FlowLast quarter
$-9.5M
$263.9M
Free Cash FlowOCF − Capex
$-12.8M
$260.3M
FCF MarginFCF / Revenue
-204.9%
31.9%
Capex IntensityCapex / Revenue
53.6%
0.4%
Cash ConversionOCF / Net Profit
-0.31×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-34.3M
$699.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SATL
SATL
UI
UI
Q4 25
$-9.5M
$263.9M
Q3 25
$-8.4M
$198.5M
Q2 25
$-4.3M
$130.4M
Q1 25
$-4.7M
$123.6M
Q4 24
$152.4M
Q3 24
$233.7M
Q2 24
$231.4M
Q1 24
$163.9M
Free Cash Flow
SATL
SATL
UI
UI
Q4 25
$-12.8M
$260.3M
Q3 25
$-9.7M
$193.3M
Q2 25
$-5.1M
$125.2M
Q1 25
$-6.6M
$120.7M
Q4 24
$150.4M
Q3 24
$231.1M
Q2 24
$229.5M
Q1 24
$160.6M
FCF Margin
SATL
SATL
UI
UI
Q4 25
-204.9%
31.9%
Q3 25
-267.2%
26.3%
Q2 25
-115.3%
16.5%
Q1 25
-195.9%
18.2%
Q4 24
25.1%
Q3 24
42.0%
Q2 24
45.2%
Q1 24
32.6%
Capex Intensity
SATL
SATL
UI
UI
Q4 25
53.6%
0.4%
Q3 25
36.8%
0.7%
Q2 25
17.5%
0.7%
Q1 25
56.5%
0.4%
Q4 24
0.3%
Q3 24
0.5%
Q2 24
0.4%
Q1 24
0.7%
Cash Conversion
SATL
SATL
UI
UI
Q4 25
-0.31×
1.13×
Q3 25
-2.11×
0.95×
Q2 25
0.49×
Q1 25
0.68×
Q4 24
1.11×
Q3 24
1.83×
Q2 24
2.23×
Q1 24
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SATL
SATL

Segment breakdown not available.

UI
UI

Enterprise Technology$729.0M89%
Service Provider Technology$85.9M11%

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