Spire Global, Inc.
For the period ended Sep 30, 2026. Filed Nov 10, 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.
Sep 30, 2026 · Filed Nov 10, 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 Cash Flows
(In thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net (loss) income | $(66,064) | $76,399 |
| Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||
| Depreciation and amortization | 11,036 | 9,494 |
| Stock-based compensation | 9,774 | 14,957 |
| Amortization of operating lease right-of-use assets | 2,212 | 2,307 |
| Change in fair value of warrant liabilities | 110 | (3,098) |
| Change in fair value of contingent earnout liability | — | (1,428) |
| Loss on decommissioned satellites and other assets write-offs | 1,435 | 6,270 |
| Loss on extinguishment of debt | — | 12,008 |
| Gain on sale of a business | — | (154,305) |
| Transaction costs on sale of a business | — | (23,744) |
| Other, net | (1,166) | 1,817 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 782 | 7,315 |
| Contract assets | (4,706) | (2,975) |
| Other current assets | 1,852 | (3,431) |
| Other long-term assets | 128 | 1,250 |
| Accounts payable | 257 | (3,076) |
| Contract liabilities | (4,206) | 3,231 |
| Other accrued expenses | (2,765) | 3,331 |
| Operating lease liabilities | (3,216) | (1,866) |
| Other long-term liabilities | — | (8) |
| Net cash used in operating activities | (54,537) | (55,552) |
| Cash flows from investing activities | ||
| Purchases of short-term investments | (67,083) | (97,730) |
| Maturities of short-term investments | 78,272 | 22,600 |
| Purchase of property and equipment | (22,358) | (20,895) |
| Additions of amortizable intangible assets | (500) | — |
| Proceeds from sale of a business, net of cash | — | 238,948 |
| Net cash (used in) provided by investing activities | (11,669) | 142,923 |
| Cash flows from financing activities | ||
| Proceeds from securities purchase agreements, net | 65,402 | 37,297 |
| Payments on long-term debt | — | (105,742) |
| Payments on long-term debt closing fees | — | (9,091) |
| Proceeds from exercise of stock options | 4,499 | 1,824 |
| Proceeds from employee stock purchase plan | 336 | 443 |
| Net cash provided by (used in) financing activities | 70,237 | (75,269) |
| Effect of foreign currency translation on cash, cash equivalents and restricted cash | 2,041 | (10,896) |
| Net increase in cash, cash equivalents and restricted cash | 6,072 | 1,206 |
| Cash, cash equivalents and restricted cash | ||
| Beginning balance | 25,392 | 19,684 |
| Ending balance | $31,464 | $20,890 |
| Supplemental disclosure of cash flow information | ||
| Cash paid for interest | $— | $6,919 |
| Income taxes paid | $1,199 | $— |
| Non-cash operating, investing and financing activities | ||
| Property and equipment purchased but not yet paid | $1,237 | $2,264 |
| Right-of-use assets obtained in exchange for lease liabilities | $1,380 | $1,136 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.