Spire Earnings Reports

Spire Global reported preliminary unaudited revenue for Q2 2025 in the range of $18.0 million to $19.0 million. The company maintained its full-year revenue guidance of $85.0 million to $95.0 million and expects to finish the year with over $100 million in cash, cash equivalents, and marketable securities.

Spire Global generated $23.9 million in revenue in Q1 2025 but reported a net loss of $20.7 million, reflecting higher operating expenses including a loss on decommissioned satellites. Despite the loss, the company improved operating cash flow by 5% year-over-year and eliminated all debt in April, ending the quarter with $136 million in liquidity. Spire remains focused on expanding its government contracts and AI-powered weather modeling capabilities.

Spire Global generated $21.66 million in revenue during Q4 2024, reflecting progress in customer acquisition and contract renewals. Although the company reported a net loss, both GAAP and Non-GAAP EPS improved year-over-year. ARR guidance suggests continued strength heading into 2025.

Spire Global, Inc. announced strong third quarter 2024 results, with revenue reaching $28.6 million, a 29% year-over-year increase. The company achieved positive cash flow from operations of $14.0 million and a record $40.0 million in annual contract value bookings. This quarter also marked the completion of its financial restatement.

Spir Group delivered a strong performance in Q2 2024, with revenue increasing by 6.3% organically to MNOK 307.6. Adjusted EBITDA grew by 5.6% to MNOK 56.4, maintaining an 18% margin. Net income significantly improved to MNOK 9.4, up from MNOK 2.5 in Q2 2023, benefiting from increased operational profit and gains on interest rate swaps. The company also acquired a 15% stake in Prosper Ai AS.

Spire Global reported a 6% year-over-year increase in revenue, reaching $25.7 million for the first quarter of 2024. The company also showed improvement in GAAP and non-GAAP operating losses, and is reiterating expectations for positive cash flow from operations for the remainder of 2024 and positive free cash flow in summer 2024.

Spire Global announced strong Q4 and full year 2023 results, achieving positive cash flow from operations and adjusted EBITDA. The company reported record revenue for the tenth consecutive quarter, with Q4 revenue reaching $27.7 million.

Spire Global announced a record quarterly revenue of $27.3 million, a 34% year-over-year increase. The company's GAAP gross margins increased to 65%, and they improved their GAAP operating loss to $11.0 million. Spire reaffirmed expectations for positive cash flow from operations by year end and increased revenue and earnings guidance.

Spire Global announced record quarterly revenue of $26.5 million, a 37% year-over-year increase. The company also improved GAAP gross margins to 64% and narrowed its GAAP operating loss to $11.0 million.

Spire Global announced strong first quarter 2023 results with record quarterly revenue of $24.2 million, a 34% year-over-year increase. The company increased GAAP gross margins to 57% and narrowed GAAP operating loss to $14.5 million.

Spire Global announced record quarterly revenue of $22.4 million, a 49% year-over-year increase. The company also reported significant improvements in net cash used in operating activities and free cash flow. Spire is focused on achieving profitability and being free cash flow positive in 12 to 18 months.

Spire Global announced record quarterly revenue of $20.4 million, a 114% year-over-year increase, and record ARR of $98.1 million, a 117% year-over-year increase. The company's net cash used in operating activities improved by 53% year-over-year, and the ARR net retention rate rose to 135%.

Spire Global reported a strong second quarter in 2022, with revenue increasing by 113% year-over-year to $19.4 million. The company's annual recurring revenue (ARR) also saw significant growth, increasing by 133% year-over-year to $85.3 million. Spire reaffirmed its guidance for annual recurring revenue and positive free cash flow timing.

Spire Global announced strong Q1 2022 results with revenue increasing to $18.1 million, representing 86% year-over-year growth. The company's ARR reached $81.6 million, up 134% year-over-year. Spire also improved its full-year guidance by increasing the low end of its ARR range and lowering its operating loss.

Spire Global announced strong Q4 2021 results, with revenue reaching $15.0 million, a 106% increase year-over-year. The company's full-year revenue was $43.4 million, representing a 52% increase. Spire also completed the acquisition of exactEarth and focused on business integration.

Spire Global, Inc. reported a revenue of $9.6 million for the third quarter of 2021, representing a 33% increase compared to the same period in 2020. The company's ARR grew by 51% year-over-year to $45.2 million. They signed a definitive agreement to acquire exactEarth and launched two new optical ISL satellites.