Spire Global Reports Strong Q1 2025 Financial Results

Spire Global ( (SPIR) ) just unveiled an update.

On May 14, 2025, Spire Global announced its first quarter 2025 results, reporting a revenue of $23.9 million and a 5% improvement in cash flow used in operations year-over-year. The company retired all its debt by the end of April 2025 and expects to maintain over $100 million in cash and equivalents by the year’s end. Spire secured its largest contract to date with the Canadian government to monitor wildfires and expanded its Canadian facility to support this project. Additionally, Spire achieved a significant milestone by establishing a two-way optical link between satellites, enhancing data transmission capabilities. The company also launched advanced AI weather models and secured a contract with Concirrus for aviation data, further solidifying its position in the space-based data industry.

The most recent analyst rating on (SPIR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Spire Global stock, see the SPIR Stock Forecast page.

Spark’s Take on SPIR Stock

According to Spark, TipRanks’ AI Analyst, SPIR is a Neutral.

Spire Global’s overall score reflects strong revenue growth but is weighed down by high operating losses, cash flow challenges, and financial instability. While technical indicators and corporate events provide some positive momentum, the negative P/E ratio and lack of profitability remain significant concerns.

To see Spark’s full report on SPIR stock, click here.

More about Spire Global

Spire Global, Inc. is a global provider of space-based data, analytics, and space services. The company focuses on leveraging its extensive satellite constellation to offer insights and solutions across various sectors, including defense, weather forecasting, and aviation insurance. Spire is strategically positioned to provide local solutions for sovereign space capabilities, with facilities in the U.S., Canada, the U.K., and Germany.

Average Trading Volume: 652,243

Technical Sentiment Signal: Sell

Current Market Cap: $301.7M

Learn more about SPIR stock on TipRanks’ Stock Analysis page.