Spire Global reports FY2024 revenue $110.5M (+13% YoY); free cash flow improves 16% to -$45M

Spire Global, Inc.

2025-Q1 EPS reported -$0.77 revenue$23,876,000

Full-year 2024 revenue $110.5M, up 13% year-over-year, driven by recurring revenue and Space Services.
Cash used in operations improved 49% YoY to $18.5M; free cash flow was -$45.0M, 16% better YoY.
Remaining performance obligations totaled $216.4M as of Dec 31, 2024, with ~31% expected within 12 months.
Management emphasizes operational efficiency and productivity to accelerate timelines and improve margins in 2025.

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