---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020528"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:55:57.702597+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spire Global Q1 revenue $24.2M record (+34% YoY); GAAP gross margin 57%

## Summary
- Revenue $24.2M, up 34% YoY; GAAP gross margin 57%, +11 pts YoY.
- GAAP operating loss narrowed 28% to ($14.5M); Non-GAAP op loss ($9.8M).
- Annual Recurring Revenue (ARR) reached $104.8M (+28% YoY); 781 ARR customers.
- Full year 2023 guidance maintained; on track for positive FCF in 10-16 months.
- Q1 results exceeded expectations; ARR net retention 108% vs 106% a year ago.

## SEC filing metadata
- accession: 0000950170-23-020528
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017023020528/0000950170-23-020528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017023020528/spir-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020528
- JSON: https://secwatch.observer/filing/0000950170-23-020528.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020528.txt

## Key facts
- Earnings Releases
  Spire Global, Inc. reported the quarter ended March 31, 2023 results: revenue $24.2 million. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $24.2 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: customer success and improving margins with scale and leverage.” First Quarter 2023 Highlights Financial: ● First quarter 2023 revenue increased 34% year-over-year to a record $24.2 million, which exceeded our expectations. Revenue growth was driven by new customer additions as well as increased adoption by existing customers. ● As of March 31, 2023, we surpassed
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000095017023020528/0000950170-23-020528-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.