The earnings call showcased Spire's strategic achievements, such as significant contract awards and strong government partnerships, as well as a strengthened financial position following a key business sale. However, these positives were counterbalanced by a decline in revenue and increased operating losses, alongside workforce reductions and potential challenges in NOAA funding. Despite the challenges, the company's strategic direction and financial stability suggest a cautiously optimistic outlook.

Company Guidance -

Q2 2025

During the call, Spire Global's leadership provided detailed guidance for fiscal year 2025, highlighting several key metrics. The company reported a first-quarter GAAP revenue of $23.9 million, representing a 10% sequential growth from Q4 2024, despite a year-over-year decrease from $34.8 million in Q1 2024. The non-GAAP operating loss stood at $11.5 million, with an adjusted EBITDA of negative $7.9 million. Expecting revenue for the full year to range between $85 million and $95 million, Spire anticipates a significant growth in the second half, driven by new satellite deployments. The company also projected achieving breakeven to positive operating cash flow in the latter part of the year, aiming to end 2025 with over $100 million in cash and equivalents. Looking ahead, Spire maintains a 20% revenue growth target for 2026, with plans to continue enhancing operational efficiencies and expanding its market presence.

Record Contract Award

Spire secured a $72 million CAD contract from the Canadian Space Agency for a dedicated satellite constellation for wildfire monitoring.

Strong Government Partnerships

The U.S. Administration's executive order has opened new opportunities, alongside increased defense spending of 13% for fiscal year 2026.

Successful Maritime Business Sale

Finalization of the maritime business sale, eliminating debt and strengthening the balance sheet by over $100 million.

Satellite Launches and Revenue Growth

Approximately 20 satellites were launched in Q1, with half supporting space services customers, indicating revenue growth in the second half of 2025.

Cash Position and Financial Stability

Company ended April with $136 million in cash and zero debt, with expectations to achieve positive operating cash flow in the second half of 2025.

Spire Global (SPIR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SPIR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	-0.49 / -	-0.3	―	―	―
May 14, 2025	2025 (Q1)	- / -770000.00	-0.53	-145282918.87% (-769999.47)
Mar 31, 2025	2024 (Q4)	-0.78 / -0.63	-0.53	-18.87% (-0.10)	―
Mar 03, 2025	2024 (Q3)	-0.93 / -0.83	-0.35	-137.14% (-0.48)	―
Aug 14, 2024	2024 (Q2)	-0.47 / -0.30	-0.56	46.43% (+0.26)	―	―
May 15, 2024	2024 (Q1)	-0.58 / -0.53	-0.8	33.75% (+0.27)
Mar 06, 2024	2023 (Q4)	-0.55 / -0.35	-0.8	56.25% (+0.45)
Nov 08, 2023	2023 (Q3)	-0.62 / -0.51	-0.96	46.87% (+0.45)
Aug 09, 2023	2023 (Q2)	-0.80 / -0.56	-0.72	22.22% (+0.16)
May 10, 2023	2023 (Q1)	-0.97 / -0.80	-0.96	16.67% (+0.16)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SPIR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 14, 2025	$10.41	$11.73	+12.68%
Mar 31, 2025	$8.09	$7.94	-1.85%
Mar 03, 2025	$10.52	$10.62	+0.95%
Aug 14, 2024	$10.16	$6.75	-33.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Spire Global (SPIR) report earnings?

Spire Global (SPIR) is schdueled to report earning on Aug 06, 2025, After Close (Confirmed).

What is Spire Global (SPIR) earnings time?

Spire Global (SPIR) earnings time is at Aug 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SPIR EPS forecast?

SPIR EPS forecast for the fiscal quarter 2025 (Q2) is -0.49.

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