Spire Global, Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 14, 2026
SPIR$9.35-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | $15,834 | $23,876 |
| Cost of revenue | 9,529 | 15,164 |
| Gross profit | 6,305 | 8,712 |
| Operating expenses: | ||
| Research and development | 8,699 | 8,659 |
| Sales and marketing | 3,146 | 5,531 |
| General and administrative | 18,126 | 17,650 |
| Loss on decommissioned satellites and other assets write-offs | 909 | 5,160 |
| Total operating expenses | 30,880 | 37,000 |
| Loss from operations | (24,575) | (28,288) |
| Other (expense) income: | ||
| Interest income | 474 | 20 |
| Interest expense | — | (5,730) |
| Change in fair value of contingent earnout liability | — | 1,038 |
| Change in fair value of warrant liabilities | (120) | 5,837 |
| Foreign exchange (loss) gain | (1,628) | 3,826 |
| Other income (expense), net | 61 | (224) |
| Total other (expense) income, net | (1,213) | 4,767 |
| Loss before income taxes | (25,788) | (23,521) |
| Income tax provision (benefit) | 55 | (6) |
| Net loss | $(25,843) | $(23,515) |
| Basic and diluted net loss per share | $(0.78) | $(0.88) |
| Weighted-average shares used in computing basic and diluted net loss per share | 33,269,650 | 26,787,097 |
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