secwatch.observer — SEC 8-K summary
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Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001193125-26-112484
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire Global Q4 2025 revenue $15.8M (-27% YoY); core revenue up 44% ex-maritime; net loss improves 49%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000119312526112484/0001193125-26-112484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000119312526112484/spir-20260318.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-112484

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