Earnings ·
Spire Global reported second quarter 2026 revenue of $18.0 million, a 6% year-over-year decline primarily due to the…
SPIRSpire Global, Inc.
Spire Global reported second quarter 2026 revenue of $18.0 million, a 6% year-over-year decline primarily due to the divestiture of its maritime business in April 2025; excluding that unit, revenue grew 16%. The company posted a net loss of $20.0 million compared to prior year income of $119.6 million, which included a $154.3 million gain on the sale of that business. Adjusted EBITDA improved to ($8.6) million from ($10.2) million in the prior year period. Spire reaffirmed its full-year 2026 revenue guidance excluding maritime sales at $71.6–$81.6 million, representing over 50% growth from 2025 levels. The company maintains a debt-free balance sheet with $91.7 million in cash and marketable securities as of June 30, 2026. Spire Global operates in the commercial space industry, providing satellite data, analytics, and intelligence.