NYSE$SPIR

Spire Global Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Spire Global reported Q1 2026 revenue of $15.8M and continued net losses on space-based data operations.

For the three months ended March 31, 2026, Spire Global reported revenue of $15.8 million, down from $23.9 million in Q1 2025, reflecting lower space services and data solutions demand. Gross profit was $6.3 million while R&D and G&A drove operating losses; the company restated certain prior stock-based compensation errors disclosed in the filing.

  • Revenue $15.8M vs $23.9M prior-year quarter (-34%).
  • Gross profit $6.3M; R&D $8.7M and G&A $18.1M.
  • Satellite data and weather/analytics solutions for government and commercial clients.
  • Prior-period restatement for stock-based compensation classification.
  • Liquidity and going-concern considerations typical for space data operators.

Headline financials

Total Revenue

$15.8M

Previous: $23.9M-33.7%
EPS (adj)

-$0.78

Previous: -$0.63-23.8%
Capital Expenditures

-$7.97M

Previous: -$8.9M+10.4%
Net Income

-$25.8M

Previous: -$20.7M-25.1%
Operating Income

-$24.6M

Previous: -$25.4M+3.4%
Gross Profit

$6.31M

Previous: $8.78M-28.2%

Revenue & EPS history

Spire · Revenue · Quarterly

$15.8M

Q1 2026-33.7%vs Q1 2025
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Forward guidance

Space-based data provider; outlook tied to government contract wins, satellite capacity, and ARR renewals.

Tailwinds

  • Gross profit remained positive on lower revenue.
  • Restructuring and cost actions may stabilize burn.
  • Differentiated RF sensing constellation.

Headwinds

  • Revenue decline year over year.
  • High fixed G&A and satellite operating costs.
  • Capital needs for constellation maintenance and refresh.

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 2026

Historical avgQ1 2026

-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

Earnings price reactions
QuarterReport dateReaction (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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