Satellogic Reports Record $16.0 Million Q3 Revenue and Second Straight Positive Adjusted EBITDA

What happened

Satellogic reported record third-quarter 2026 revenue of $16.0 million, up 342% from a year earlier. It also reported positive adjusted EBITDA for a second straight quarter and a narrower operating loss. A roughly $37 million sovereign contract signed after the quarter ended extends delivery visibility into 2027.

Global impact / market context

The results show stronger sales and a second quarter of positive adjusted EBITDA, which may matter to investors watching the company’s operations. The reported net income included a $30.0 million non-cash gain, so it does not reflect only ordinary business earnings.

What to watch

1. Check whether revenue growth continues in later reports; the latest quarter was a record, up 342% from a year earlier.
2. Check whether adjusted EBITDA stays positive; this was the second consecutive positive quarter.
3. Check delivery progress under the roughly $37 million sovereign contract; it is expected to extend visibility into 2027.

Affected assets

• Satellogic Inc.

Evidence

• Infoway News — SATL: Record revenue and positive adjusted EBITDA accompany expanding sovereign demand and Merlin's launch 2026-11-10T23:10:26+00:00
• Infoway News — SATL: Record growth and positive Adjusted EBITDA, with sovereign demand extending delivery visibility 2026-11-10T22:08:36+00:00
• Infoway News — Satellogic Reports Record $16.0 Million Q3 Revenue and Second Straight Positive Adjusted EBITDA 2026-11-10T21:25:05+00:00
• Incident timeline — SATL: Record revenue and positive adjusted EBITDA accompany expanding sovereign demand and Merlin's launch
• Incident timeline — SATL: Record growth and positive Adjusted EBITDA, with sovereign demand extending delivery visibility
• Incident timeline — Satellogic Reports Record $16.0 Million Q3 Revenue and Second Straight Positive Adjusted EBITDA