NYSE$SPIR
Spire Global Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Spire's revenue increased by 33% year-over-year, and ARR grew by 51% year-over-year.
Spire Global, Inc. reported a revenue of $9.6 million for the third quarter of 2021, representing a 33% increase compared to the same period in 2020. The company's ARR grew by 51% year-over-year to $45.2 million. They signed a definitive agreement to acquire exactEarth and launched two new optical ISL satellites.
- Revenue was $9.6 million, up 33% year-over-year.
- ARR grew 51% year-over-year to $45.2 million.
- Completed merger with NavSight Holdings, receiving $237 million in net proceeds.
- Signed agreement to acquire exactEarth, expecting to add 150 new customers and meaningful ARR.
Headline financials
Revenue & EPS history
Spire · Revenue · Quarterly
$9.56M
Forward guidance
Spire is providing revenue guidance for its fiscal fourth quarter ending December 31, 2021, between $11.6 million and $13.6 million.
Tailwinds
- Revenue between $11.6 million and $13.6 million
- Non-GAAP gross profit between $6.8 million and $8.8 million
- Non-GAAP operating loss between $15.9 million and $11.8 million
- EBITDA between negative $15.4 million and negative $12.4 million
- Adjusted EBITDA between negative $13.3 million and $10.3 million
Headwinds
- Non-GAAP loss per share between negative $0.14 and $0.11 based on basic weighted average shares of approximately 133.7 million
- Higher than anticipated expenses associated with the NavSight merger
- Public company costs
- Decision to accelerate certain investments into technology and business growth
- Lowering guidance for non-GAAP gross profit, EBITDA and adjusted EBITDA
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 Q3 2021
-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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