Satellogic Inc. (SATL) intrinsic value & 10-year financials
Satellogic Inc. (SATL) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 42.9% a year to $17.7M, with an average return on invested capital of -204.1%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.84
- Market cap
- $515.1M
- Revenue (FY2025)
- $17.7M
- Revenue growth (8-yr CAGR)
- 42.9%
- ROIC (10-yr avg)
- -204.1%
- Free cash flow (FY2025)
- -$34.3M
SATL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $17.7M | -$4.8M | -$0.18 | -$34.3M | -175.2% | 60.3% |
| FY2024 | $12.9M | -$116.3M | -$1.28 | -$40.9M | -405.6% | 231.9% |
| FY2023 | $10.1M | -$61.0M | -$0.68 | -$64.5M | -688.9% | -211.2% |
| FY2022 | $6.0M | -$36.6M | -$0.66 | -$95.7M | -1511.4% | -1436.5% |
| FY2021 | $4.2M | -$96.3M | -$1.16 | -$39.7M | -1616.1% | -232.5% |
| FY2020 | $0 | -$21.5M | -$0.27 | -$27.0M | — | -61.7% |
| FY2019 | — | -$20.8M | — | -$22.4M | — | 221.2% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Satellogic Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Satellogic Inc. has historically struggled to out-earn its cost of capital, averaging just -2.2% ROIC.
Satellogic Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Satellogic Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-5.98 per share.