earnings
confidence high
sentiment positive
materiality 0.70
Spire Global Q3 2026 revenue $18.0M, up 42% YoY; net loss $20.3M
Spire Global, Inc.
- Revenue $18.0M, up 42% YoY and up 77% excluding the maritime business; GAAP gross margin 46% (+9 pts YoY), non-GAAP 49%.
- Net loss $20.3M vs $19.7M a year earlier; adjusted EBITDA $(8.6)M, improved 27% from $(11.8)M on higher revenue.
- Cash used in operations $5.0M, 59% better YoY and 79% better than Q2 2026's $23.4M; cash and marketable securities $78.0M, debt-free balance sheet.
- Remaining performance obligations $175.4M as of Sept 30, 2026; CEO Theresa Condor cited multi-year contract wins giving visibility into 2027.
- Growth driven by Space Services data delivery and additional Weather & Climate sales, primarily Hyperspectral Microwave Sensor sounding data.