satellogic 2025 q3 earnings record net income surges 132.8% as revenue grows 29%

Satellogic (NASDAQ: SATL) reported fiscal 2025 Q3 earnings on November 11, 2025, showcasing a dramatic turnaround in profitability and revenue growth. The company’s 29% year-over-year revenue increase and 132.8% net income improvement highlight operational efficiency and strategic momentum, aligning with CEO Emiliano Kargieman’s emphasis on commercial and technical advancements.

Revenue

Satellogic’s total revenue rose 29.0% to $3.63 million in Q3 2025, driven by robust performance across its core segments. Asset Monitoring led the charge with $2.74 million in revenue, while Constellation as a Service (CaaS) and Space Systems contributed $412,000 and $479,000, respectively. The diversified revenue streams underscore the company’s expanding market reach and product adoption.

Earnings/Net Income

The company returned to profitability with a net income of $3.97 million in Q3 2025, reversing a $12.09 million loss in the prior-year period. Earnings per share (EPS) surged to $0.04 from a $0.13 loss, reflecting a 130.8% positive swing. The company’s GAAP EPS of -$0.02, however, indicates non-GAAP adjustments, highlighting the need to consider both metrics in performance evaluation.

Post-Earnings Price Action Review

Satellogic’s stock faced downward pressure following the earnings release, with a 6.43% drop in the latest trading day, a 14.89% decline over the past week, and a steep 60.30% decline month-to-date. The mixed market reaction suggests investor skepticism despite improved financial metrics, possibly due to lingering concerns about the company’s long-term sustainability and debt management.

CEO Commentary

Emiliano Kargieman, Satellogic CEO, emphasized the company’s “commercial momentum and de-risked strategy” following the $90 million public offering. He highlighted the seven-figure data distribution agreement with Suhora, which grants exclusive rights in India and Nepal, as a strategic win. The launch of the NextGen satellite platform, featuring 30-centimeter resolution and AI-enabled analytics, positions Satellogic to meet global demand for sovereign space capabilities. Kargieman also announced the hiring of industry veteran Jeff Kerridge to lead sales, signaling confidence in scaling operations. The CEO’s tone was optimistic, underscoring strong conviction in the management team’s ability to drive growth.

Guidance

Satellogic provided forward-looking guidance aligned with Q3 2025 results, including a 29% revenue increase and a 132.8% net income improvement. The company expects continued cost optimization and revenue diversification through strategic partnerships and technological innovation.

Additional News

Recent developments include a $90 million public offering to strengthen Satellogic’s balance sheet, a strategic data distribution agreement with Suhora for India and Nepal, and the launch of the NextGen satellite platform with 30-centimeter resolution. Additionally, the company appointed Jeff Kerridge, a 35-year industry veteran, to lead global sales. These moves aim to accelerate market penetration and solidify Satellogic’s position in the Earth observation sector.