NYSE$SPIR
Spire Global Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Spire Global reported a net loss in Q1 2025 despite improved operating cash flow and the elimination of all debt post-quarter.
Spire Global generated $23.9 million in revenue in Q1 2025 but reported a net loss of $20.7 million, reflecting higher operating expenses including a loss on decommissioned satellites. Despite the loss, the company improved operating cash flow by 5% year-over-year and eliminated all debt in April, ending the quarter with $136 million in liquidity. Spire remains focused on expanding its government contracts and AI-powered weather modeling capabilities.
- Revenue for Q1 2025 was $23.9 million, with 57% from the Americas.
- Net loss was $20.7 million, or $0.77 per share.
- Cash, cash equivalents, and marketable securities stood at $136 million by end of April.
- Free cash flow was negative $17.3 million, slightly higher than Q1 2024.
Headline financials
Revenue & EPS history
Spire · Revenue · Quarterly
$23.9M
Forward guidance
Spire expects FY 2025 revenue to range from $85M to $95M and is targeting year-end liquidity above $100M following recent debt elimination.
Tailwinds
- Expecting FY25 revenue between $85M and $95M.
- Q2 revenue projected at $18M to $20M.
- Post-quarter debt retirement significantly strengthened balance sheet.
- Free cash flow improved 5% YoY in Q1.
- Strong government contracts signed, including a CA$72M wildfire monitoring deal.
Headwinds
- Revenue declined YoY from $34.8M to $23.9M due to one-time item in prior year.
- Q1 net loss remained elevated at $20.7M.
- Operating loss expanded to $25.4M.
- Free cash flow still negative at $17.3M.
- Continued high operating expenses, including satellite decommissioning costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
-1.8%
Avg return
Earnings day
-1.9%
Avg return
5 days after
+3.6%
Avg return
30 days after
36%
8 / 22 earnings
Positive
+14.2%
Q3 2023
Best reaction
-24.0%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | +3.0% | -1.2% | |
| Q4 2025 | -5.0% | +18.3% | +80.3% | |
| Q3 2025 | -24.0% | -2.3% | +30.6% | |
| Q1 2025 | +12.0% | +12.0% | +4.7% | |
| Q4 2024 | -1.6% | -7.0% | +18.7% | |
| Q3 2024 | -0.1% | -0.6% | -27.7% | |
| Q2 2024 | -9.1% | -31.8% | -16.8% | |
| Q1 2024 | -18.7% | -23.7% | -13.6% | |
| Q4 2023 | +12.5% | -0.2% | -0.3% | |
| Q3 2023 | +14.2% | +14.7% | +73.3% | |
| Q2 2023 | -14.8% | -3.7% | -4.4% | |
| Q1 2023 | +10.8% | +11.6% | +12.1% | |
| Q4 2022 | -15.3% | -19.4% | -30.7% | |
| Q3 2022 | -4.6% | +6.9% | -6.9% | |
| Q2 2022 | +6.2% | +13.2% | +5.6% | |
| Q1 2022 | -9.6% | -9.6% | +2.7% | |
| Q2 2021 | +9.2% | -1.4% | -19.8% | |
| Q4 2021 | +2.3% | -21.0% | -8.9% | |
| Q3 2021 | +0.4% | +0.9% | -20.0% | |
| Q1 2021 | -0.1% | -0.1% | +0.5% | |
| Q4 2020 | -0.9% | -0.4% | -1.4% | |
| Q3 2020 | -0.3% | -0.3% | +1.7% | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q3 2012 | — | — | — |
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