Spire Global, Inc.SPIREarnings & Financial Report
Spire Global, Inc. is a space-to-cloud data and analytics company that specializes in the tracking of global data sets powered by a large constellation of nanosatellites, such as the tracking of maritime, aviation and weather patterns.
Revenue
$23.9M
Gross Profit
$8.8M
Operating Profit
$-25.4M
Net Profit
$-20.7M
Gross Margin
36.8%
Operating Margin
-106.5%
Net Margin
-86.5%
YoY Growth
-31.4%
EPS
$-0.77
Spire Global, Inc. Q1 FY2025 Financial Summary
Spire Global, Inc. reported revenue of $23.9M (down 31.4% YoY) for Q1 FY2025, with a net profit of $-20.7M (up 19.1% YoY) (-86.5% margin). Cost of goods sold was $15.1M, operating expenses totaled $34.2M.
Key Financial Metrics
| Total Revenue | $23.9M |
|---|---|
| Net Profit | $-20.7M |
| Gross Margin | 36.8% |
| Operating Margin | -106.5% |
| Report Period | Q1 FY2025 |
Spire Global, Inc. Annual Revenue by Year
Spire Global, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $71.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $71.6M |
| 2024 | $110.5M |
| 2023 | $97.6M |
| 2022 | $70.8M |
Spire Global, Inc. Quarterly Revenue & Net Profit History
Spire Global, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $15.8M | -26.9% | $-28.0M | -176.6% |
| Q3 FY2025 | $12.7M | -55.6% | $-19.7M | -155.3% |
| Q2 FY2025 | $19.2M | -24.5% | $119.6M | 623.4% |
| Q1 FY2025 | $23.9M | -31.4% | $-20.7M | -86.5% |
| Q4 FY2024 | $21.7M | -10.5% | $-48.8M | -225.2% |
| Q3 FY2024 | $28.6M | +29.1% | $-12.5M | -43.7% |
| Q2 FY2024 | $25.4M | -9.5% | $-16.6M | -65.2% |
| Q1 FY2024 | $34.8M | +50.0% | $-25.5M | -73.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.8M | $25.4M | $28.6M | $21.7M | $23.9M | $19.2M | $12.7M | $15.8M |
| YoY Growth | 50.0% | -9.5% | 29.1% | -10.5% | -31.4% | -24.5% | -55.6% | -26.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $252.3M | $230.8M | $224.2M | $193.6M | $208.8M | $239.5M | $224.3M | $211.0M |
| Liabilities | $199.9M | $190.5M | $193.4M | $205.3M | $203.3M | $90.3M | $91.1M | $98.1M |
| Equity | $52.5M | $40.3M | $30.8M | $-11.7M | $3.7M | $149.2M | $133.1M | $112.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-8.8M | $-4.4M | $14.0M | $-19.2M | $-8.4M | $-35.1M | $-12.0M | $-4.3M |