earnings
confidence high
sentiment positive
materiality 0.75
Spire Global Q4 2025 revenue $15.8M (-27% YoY); core revenue up 44% ex-maritime; net loss improves 49%
Spire Global, Inc.
- Q4 2025 revenue $15.8M, down 27% YoY due to maritime sale; ex-maritime up 44% YoY; sequential growth 25%.
- Net loss $25.1M, improved 49% YoY; adjusted EBITDA ($9.7)M, improved 8% YoY; cash from ops ($4.3)M, 78% improvement.
- GAAP gross margin 41% (up 8pp YoY); non-GAAP gross margin 43% (up 5pp YoY).
- Full year 2025 revenue $71.6M; Q4 and full year results met mid-point of guidance; adj. EBITDA beat high end.
- CEO highlights space as critical infrastructure for national security; optimistic outlook for coming years.