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Spire Global, Inc. (SPIR) filed an 8-K current report with the SEC on August 12, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 results covered quarter ended June 30, 2026.
Spire Global, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q2 2026 results covered quarter ended June 30, 2026
- Earnings release issued August 12, 2026, with business update on the accompanying earnings call
- Financial figures and management commentary available in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $18.0M, down 6% YoY but up 16% excluding maritime, signaling continued growth in core satellite services
- GAAP gross margin fell to 34% from 50%, primarily due to WildFireSat contract cancellation, creating near-term profitability pressure
- Adjusted EBITDA loss improved 16% YoY to $(8.6)M, while operating cash burn improved 32% to $23.4M
- Cash, equivalents and marketable securities totaled $91.7M with no debt, providing funding capacity despite ongoing losses
- FY2026 revenue guidance reaffirmed at $75.0M-$85.0M, including $71.6M-$81.6M excluding maritime and adjusted EBITDA loss of $(26.0)M to $(20.7)M
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