NYSE$SPIR
Spire Global Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported record quarterly revenue and substantial ARR growth.
Spire Global announced record quarterly revenue of $20.4 million, a 114% year-over-year increase, and record ARR of $98.1 million, a 117% year-over-year increase. The company's net cash used in operating activities improved by 53% year-over-year, and the ARR net retention rate rose to 135%.
- Record quarterly revenue of $20.4M, a 114% year-over-year increase.
- Record ARR of $98.1M, a $12.8M sequential increase, and a 117% year-over-year increase.
- Net cash used in operating activities of $10.2M, a 53% year-over-year improvement.
- Improved sequential ARR net retention rate to 135%.
Headline financials
Revenue & EPS history
Spire · Revenue · Quarterly
$20.4M
Forward guidance
Spire is providing guidance for the fourth quarter and the full year ending December 31, 2022. This guidance assumes continued strength of the U.S. dollar in relation to foreign currencies, which creates a headwind to revenue growth.
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 2022
-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 | — | — | — |
Discussion
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