---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-040576"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:07:35.252004+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spire Global Q2 revenue record $26.5M, +37% YoY; raises full-year guidance, expects positive cash flow by year-end

## Summary
- Record Q2 revenue $26.5M, +37% YoY, exceeding midpoint of guidance by $2.0M.
- GAAP gross margin improved to 64% (+13 pts YoY); non-GAAP gross margin 68% (+11 pts YoY).
- GAAP operating loss narrowed to ($11.0M) (33% YoY improvement); adjusted EBITDA loss ($3.0M) (58% improvement).
- Raised full-year guidance: narrower non-GAAP operating loss, improved adjusted EBITDA, and higher ARR solution customer midpoint.
- Guides positive cash from operations in Q4 2023, positive adjusted EBITDA by Q1-Q2 2024.

## SEC filing metadata
- accession: 0000950170-23-040576
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2023-08-09T23:59:59+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/1816017/000095017023040576/0000950170-23-040576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017023040576/spir-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-040576
- JSON: https://secwatch.observer/filing/0000950170-23-040576.json
- Plain text: https://secwatch.observer/filing/0000950170-23-040576.txt

## Key facts
- Earnings Releases
  Spire Global, Inc. reported quarter ended June 30, 2023 results: revenue $26.5M, net income ($16.3M). Guidance reaffirmed.
  - Period: quarter ended June 30, 2023
  - Revenue: $26.5M
  - Net income: ($16.3M)
  - Guidance: reaffirmed
  - Result: reported results
  source text: --- EX-99.1 Exhibit 99.1 Spire Global Announces Strong Second Quarter 2023 Results; Expects Positive Cash Flow from Operations by Year End ● Record quarterly revenue of $26.5M; 37% year-over-year (YOY) increase ● Increased GAAP gross margins to 64%; 13 pt YOY improvement, and non-GAAP gross margins to 68%; 11 pt YOY improvement ● Narrowed GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000095017023040576/0000950170-23-040576-index.htm

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