By Elias Schisgall

Shares of Satellogic rose after the company reported a swing to a profit in the fourth-quarter and posted an increase in revenue.

The stock was up 7.5% to $3.18 in Thursday morning trading. Shares have fallen 23% over the past year.

The Earth observation satellite company before the market opened reported a profit of $30.5 million, compared with a loss of $70.9 million a year earlier. Much of that was driven by a $36.7 million net gain in the fair value of financial instruments, the company said.

Revenue nearly doubled to $6.2 million from $3.2 million a year prior, driven by higher imagery orders in the company's Data & Analytics business.

Those results helped boost the company's earnings for the year. Satellogic reported a full-year loss of $4.8 million, or 18 cents a share, compared with a prior year loss of $116.8 million, or $1.28 a share.

Revenue rose to $17.7 million, up from $12.9 million.

Analysts were expecting a full-year loss of 32 cents a share and revenue of $15.3 million.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

March 19, 2026 11:45 ET (15:45 GMT)

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