10-Q quarterly report · filed May 14, 2026

Spire Global, Inc. (SPIR) Q1 2026 10-Q Quarterly Report

Short answer

Spire Global, Inc. (SPIR) filed its Q1 2026 10-Q quarterly report on May 14, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $16M (down 33.7% year over year) with net income of −$26M.

Q1 2026 key financials · XBRL

Revenue
$16M
−33.7% YoY
Net income
−$26M
−25.1% YoY
Operating margin
-155.2%
Gross margin
39.8%
EPS (diluted)
−$0.78
−1.3% YoY

Source: XBRL data from the Spire Global, Inc. (SPIR) Q1 2026 10-Q on SEC EDGAR. USD.

Spire Global, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • Customer contract termination effective April 23, 2026, reducing expected revenue by $42.3 million across the next 36 months
  • Revenue declined 34% to $15.8 million, primarily reflecting a $9.7 million decrease from the Maritime Transaction
  • Government revenue concentration increased to 47% from 34% of quarterly revenue
  • Foreign-exchange loss reached $1.6 million, reversing a $3.8 million gain
  • Remaining performance obligations totaled $184.8 million, with 34% scheduled within 12 months

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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