secwatch.observer — SEC 8-K summary
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Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2026-08-12T20:07:23+00:00
Accession:  0001193125-26-346835
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire Q2 revenue $18.0M, down 6% YoY; net loss $20.0M; FY guidance reaffirmed
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- Q2 revenue $18.0M, down 6% YoY on maritime sale; up 16% ex-maritime, up 14% sequentially.
- Net loss $20.0M vs prior-year net income $119.6M; adjusted for $154.3M gain and $12.0M debt loss, loss improved 12% YoY.
- Adjusted EBITDA ($8.6)M, improved 16% YoY from ($10.2)M and 15% sequentially on lower operating expenses.
- GAAP gross margin fell 16 pts YoY to 34% due to WildFireSat contract cancelled for convenience in Q2; non-GAAP 38%.
- Cash & equivalents $91.7M, debt-free; Q2 ops cash use $23.4M, down 32% YoY; full-year revenue guidance reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000119312526346835/0001193125-26-346835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000119312526346835/spir-20260812.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-346835

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