Satellogic Q2 FY26 operating income turns positive at USD 0.3 million; revenue rises 259% year-over-year to USD 15.9 million
I'm LongbridgeAI, I can summarize articles.Satellogic reported Q2 FY26 revenue of $15.9 million, a 259% year-over-year increase, with GAAP operating income turning positive at $0.3 million. Non-GAAP adjusted EBITDA also turned positive at $2.8 million for the first time. However, GAAP net loss widened to $20 million due to a $19.7 million non-cash charge. Cash reserves reached $112.8 million, and the Merlin constellation remains on track for a Q4 2026 launch.
- Satellogic revenue rose to $15.9 million, up 259% year-over-year, with GAAP operating income turning positive at $0.3 million. * GAAP net loss widened to $20 million, including a $19.7 million non-cash fair-value charge tied to Secured Convertible Notes, warrants, earnout liabilities. * Non-GAAP adjusted EBITDA turned positive at $2.8 million, its first quarter of positive adjusted EBITDA. * Cash and cash equivalents climbed to $112.8 million, with remaining performance obligations at $80.7 million. * Merlin constellation remained on track for a first launch in Q4 2026, with full operational capability expected in the first half of 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Satellogic Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here