secwatch.observer — SEC 8-K summary
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Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0000950170-23-020528
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000095017023020528/0000950170-23-020528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000095017023020528/spir-20230510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-020528

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