secwatch.observer — SEC 8-K summary
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Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2025-12-17T23:59:59+00:00
Accession:  0001193125-25-321705
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire Global Q3 revenue $12.7M, miss on timing; net loss $19.7M
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- Q3 revenue $12.7M, down YoY after maritime sale; missed expectations due to revenue recognition timing and Earth observation contract renewal uncertainty.
- Operating loss $21.1M; net loss $19.7M; adjusted EBITDA negative $11.8M, all worsened YoY.
- Cash & equivalents $96.8M, debt-free; remaining performance obligations >$200M, ~$70M expected in 2026.
- New awards: $11.2M NOAA GNSS-RO contract, $2.5M NOAA ocean wind pilot, Deloitte contract for 8 satellites.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000119312525321705/0001193125-25-321705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000119312525321705/spir-20251217.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-321705

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer