Spire Global Q1 revenue $23.9M, down 31% YoY on one-time prior year item; debt retired

Spire Global, Inc.

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

Revenue $23.9M vs $34.8M in Q1 2024 which included $9.6M one-time space services revenue.
Operating cash flow improved 5% YoY to -$8.4M; all debt retired as of April 2025 with $136M cash.
Awarded Can$72M contract from Government of Canada for wildfire satellite constellation design and build.
Launched two AI weather models (AI-WX and AI-S2S) and established two-satellite optical inter-satellite link.
Full year 2025 capex guided $8-10M; expects >$100M cash by year end.

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