Spire Global, Inc.
Business
Spire Global, Inc. is a global provider of space-based data and analytics that collects Earth observation data through a proprietary constellation of multi-purpose nanosatellites. The company designs, manufactures, integrates, and operates its own satellites and ground stations to deliver end-to-end solutions across space reconnaissance, aviation, weather and climate, and space services. Spire serves government and commercial customers worldwide through direct sales, offering clean data, smart data, predictive data, and data-driven solutions leveraging radio frequency technology and proprietary processing systems.
Summary from 10-K filed 2026-03-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 72 | 110 | 98 | 80 | 43 | |
| Cost of revenue | 42 | 71 | 59 | 40 | 19 | |
| Gross profit | 29 | 40 | 39 | 40 | 25 | |
| Research and development | 37 | 29 | 28 | 35 | 32 | |
| Sales and marketing | 15 | 23 | 26 | 29 | 20 | |
| General and administrative | 64 | 50 | 42 | 45 | 40 | |
| Loss on decommissioned satellites and other assets write-offs | 9 | 3 | 747,000 | 549,000 | 0 | |
| Allowance for current expected credit loss on notes receivable | 0 | 4 | 1 | — | — | |
| Total operating expenses | 125 | 109 | 97 | 109 | 92 | |
| Loss from operations | −96 | −69 | −59 | −69 | −68 | |
| Interest income | 2 | 2 | 2 | — | — | |
| Interest expense | −7 | −20 | −19 | — | — | |
| Gain on sale of a business | 154 | 0 | — | — | — | |
| Loss on extinguishment of debt | −12 | 0 | — | — | — | |
| Change in fair value of contingent earnout liability | 1 | −1 | 129,000 | 10 | 48 | |
| Change in fair value of warrant liabilities | 3 | −5 | −2 | 9 | −2 | |
| Issuance of stock warrants | 0 | −2 | 0 | 0 | — | |
| Foreign exchange gain (loss) | 11 | −4 | 2 | — | — | |
| Other expense, net | −2 | −2 | −2 | −3 | −2 | |
| Total other income (expense), net | 151 | −34 | −19 | −20 | 30 | |
| Income (loss) before income taxes | 55 | −103 | −78 | −89 | −38 | |
| Income tax provision | 4 | 159,000 | −142,000 | 322,000 | 497,000 | |
| Net income (loss) | 51 | −103 | −78 | −89 | −38 | |
| Income (loss) per share: Basic | 1.66 | −4.28 | −3.96 | −5.11 | −0.61 | |
| Income (loss) per share: Diluted | 1.49 | −4.28 | −3.96 | −5.11 | −0.61 | |
| Shares used in computing income (loss) per share: Basic | 31 | 24 | 20 | 17 | 62 | |
| Shares used in computing income (loss) per share: Diluted | 32 | 24 | 20 | 17 | 62 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 25 | 19 | 29 | 47 | 109 | |
| Marketable securities | 57 | 0 | 12 | 23 | 0 | |
| Accounts receivable, net (including allowance of $169 and $148 as of December 31, 2025 and 2024, respectively) | 4 | 12 | 10 | 14 | 10 | |
| Contract assets | 2 | 800,000 | 5 | 3 | 2 | |
| Other current assets | 6 | 3 | 17 | 9 | 10 | |
| Assets classified as held for sale | 0 | 57 | 0 | — | — | |
| Total current assets | 94 | 92 | 72 | 97 | 132 | |
| Property and equipment, net | 81 | 63 | 60 | 54 | 49 | |
| Operating lease right-of-use assets | 11 | 11 | 15 | 12 | 12 | |
| Goodwill | 15 | 15 | 51 | 50 | 54 | |
| Other intangible assets | 9 | 10 | 13 | 14 | 20 | |
| Other long-term assets, including restricted cash | 1 | 2 | 8 | 10 | 12 | |
| Total assets | 211 | 194 | 239 | 257 | 290 | |
| Accounts payable | 15 | 12 | 8 | 5 | 6 | |
| Long-term debt, current portion | 0 | 94 | 0 | — | — | |
| Contract liabilities, current portion | 35 | 22 | 31 | 16 | 9 | |
| Other accrued expenses | 22 | 16 | 8 | 8 | 5 | |
| Liabilities associated with assets classified as held for sale | 0 | 8 | 0 | — | — | |
| Total current liabilities | 72 | 152 | 49 | 33 | 25 | |
| Contract liabilities, non-current | 14 | 23 | 18 | — | — | |
| Warrant liability | 106,000 | 14 | 6 | 2 | 11 | |
| Operating lease liabilities, net of current portion | 9 | 10 | 13 | 11 | 11 | |
| Other long-term liabilities | 3 | 7 | 8,000 | 780,000 | 2 | |
| Total liabilities | 98 | 205 | 201 | 146 | 100 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Common stock, $0.0001 par value, 1,000,000,000 Class A and 15,000,000 Class B shares authorized, 33,107,807 Class A and 1,507,325 Class B shares issued and outstanding at December 31, 2025; 25,711,165 Class A and 1,507,325 Class B shares issued and outstanding at December 31, 2024 | 3,000 | 3,000 | 2,000 | 2,000 | 15,000 | |
| Additional paid-in capital | 606 | 537 | 478 | 456 | 439 | |
| Accumulated other comprehensive loss | −5 | −10 | −5 | −7 | 732,000 | |
| Accumulated deficit | −487 | −539 | −435 | −339 | −249 | |
| Total stockholders' equity | 113 | −12 | 38 | 91 | 190 | |
| Total liabilities and stockholders' equity | 211 | 194 | 239 | 257 | 290 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 12 | 22 | 18 | 18 | 9 | |
| Stock-based compensation | 19 | 20 | 13 | 11 | 12 | |
| Amortization of operating lease right-of-use assets | 3 | 5 | 3 | 2 | 0 | |
| Change in fair value of warrant liabilities | −3 | 5 | 2 | −9 | 2 | |
| Change in fair value of contingent earnout liability | −1 | 1 | −129,000 | −10 | −48 | |
| Loss on decommissioned satellites and disposal of assets | 9 | 4 | 1 | 784,000 | — | |
| Transaction costs on sale of a business | −24 | 0 | — | — | — | |
| Other, net | 2 | 4 | −505,000 | 1,000 | 0 | |
| Accounts receivable, net | 9 | −5 | 4 | −4 | −5 | |
| Contract assets | −846,000 | 3 | −2 | −1 | −1,000 | |
| Other current assets | −3 | 12 | −10 | 324,000 | −7 | |
| Other long-term assets | 1 | 2 | 2 | 2 | 13,000 | |
| Accounts payable | 2 | 3 | 1 | −2 | 2 | |
| Contract liabilities | 3 | 3 | 14 | 8 | 161,000 | |
| Other accrued expenses | 5 | 8 | −1 | 1 | 3 | |
| Operating lease liabilities | −2 | −5 | −3 | −2 | 0 | |
| Other long-term liabilities | −8,000 | 0 | — | — | — | |
| Net cash used in operating activities | −60 | −18 | −36 | −48 | −58 | |
| Purchases of short-term investments | −120 | −30 | −40 | −40 | 0 | |
| Maturities of short-term investments | 66 | 42 | 53 | 17 | 0 | |
| Purchase of property and equipment | −33 | −27 | −17 | −19 | −15 | |
| Proceeds from sale of a business, net of cash | 239 | 0 | — | — | — | |
| Net cash provided by (used in) investing activities | 151 | −14 | −5 | −42 | −119 | |
| Proceeds from Securities Purchase Agreements, net | 37 | 38 | 0 | — | — | |
| Payments on long-term debt | −106 | −20 | — | — | −30 | |
| Payments on long-term debt closing fees | −9 | 0 | — | — | — | |
| Proceeds from exercise of stock options | 2 | 300,000 | 3,000 | 806,000 | 1 | |
| Proceeds from employee stock purchase plan | 807,000 | 895,000 | 727,000 | 622,000 | 0 | |
| Net cash (used in) provided by financing activities | −75 | 19 | 24 | 26 | 271 | |
| Effect of foreign currency translation on cash, cash equivalent and restricted cash | −11 | 4 | −568,000 | 1 | 590,000 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 6 | −10 | −18 | −62 | 94 | |
| Cash paid for interest | 7 | 14 | 16 | 9 | 3 | |
| Income Taxes Paid | 997,000 | 210,000 | 47,000 | 210,000 | — | |
| Property and equipment purchased but not yet paid | 3 | 2 | 3 | 957,000 | 687,000 | |
| Right-of-use assets obtained in exchange for lease liabilities | 3 | 490,000 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Spire Global, Inc.'s CIK number?
Spire Global, Inc.'s SEC CIK number is 0001816017 (1816017). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Spire Global, Inc.'s SEC filings?
All of Spire Global, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Spire Global, Inc. last report earnings?
Spire Global, Inc. (SPIR) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-221629). This is Spire Global, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Spire Global, Inc.'s most recent earnings 8-K?
Spire Global, Inc.'s latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001193125-26-221629. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Spire Global, Inc.'s latest earnings 8-K →
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