Spire Global is a space-to-cloud data and analytics company that operates one of the world's largest multipurpose satellite constellations. They specialize in tracking global data sets, including maritime, aviation, and weather patterns, using a fleet of over 100 CubeSats. Spire provides data and analytics to various industries and government entities like NASA, ESA, and NOAA, offering services such as maritime tracking, aviation surveillance, and weather forecasting. Their key products include Spire Sense Cloud, Spire AirSafe, and Spire Stratos, and they also offer "Space as a Service" solutions.
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Spire Global’s fourth-quarter 2025 GAAP gross margin increased to 41%, up eight percentage points year over year.
Spire Global projects first-quarter 2026 adjusted EBITDA of negative $11.5 million to negative $11.2 million.
The satellites Spire Global launched and shipped support space reconnaissance, atmospheric and RF data collection, greenhouse-gas monitoring, and hyperspectral microwave sounding.
Spire Global ended 2025 with $81.8 million in cash, cash equivalents, and marketable securities and no debt.
Spire Global projects full-year 2026 revenue excluding maritime of $71.3 million to $81.3 million.
Spire Global’s fourth-quarter 2025 GAAP revenue increased 25% sequentially, and non-maritime revenue increased 36% sequentially.
Spire Global projects first-quarter 2026 revenue of $14.5 million to $15.5 million, including $1.7 million from the remaining maritime business.
Spire Global used $4.3 million in operations during the fourth quarter of 2025, a 78% improvement from the fourth quarter of 2024.
Spire Global launched 12 satellites across two missions in the fourth quarter of 2025.
Spire Global projects full-year 2026 adjusted EBITDA of negative $26.0 million to negative $20.7 million.
Spire Global’s revenue excluding maritime rose 44% year over year in the fourth quarter of 2025.
Spire Global’s fourth-quarter 2025 non-GAAP gross margin increased to 43%, up five percentage points year over year.
Spire Global reported full-year 2025 revenue of $71.6 million, which met the midpoint of its financial guidance.
Spire Global narrowed its fourth-quarter 2025 net loss to $25.1 million, a 49% improvement year over year.
Spire Global’s fourth-quarter 2025 revenue growth was driven in part by higher sales of radio-occultation and ocean-winds data under NOAA contracts and by higher space-services revenue.
Spire Global shipped nine additional satellites for a January 2026 launch.
Spire Global reported $71.6 million in revenue for 2025.
Spire Global's radio frequency geolocation product is the anchor for its defense and space reconnaissance business.
Spire Global plans to increase RFGL capacity by approximately 15 times over the next 12 months.
Spire Global's 2025 revenue fell 35% year-over-year because of the maritime divestiture.