How did Spire Global's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/9/2025 04:17am
**Spire Global's revenue showed a seasonal decline in Q4 2024 compared to the previous quarter**, while expenses were not available for the same period. Here's a detailed analysis:
1. **Revenue Trend**:
- In Q4 2024, Spire Global's revenue was $21.66 million.
- The revenue in Q3 2024 was $34.83 million.
- The revenue in Q2 2024 was $28.57 million.
- It is clear that there was a significant decrease in revenue from Q3 to Q4, which may be due to seasonal factors or business strategies.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SPIR|SPIR.N|Spire Global|2024 Q1|49.99784640565103|3.4825E7|169|
|SPIR|SPIR.N|Spire Global|2024 Q2|-9.499376447532514|2.5399E7|169|
|SPIR|SPIR.N|Spire Global|2024 Q3|29.11506824550303|2.8568E7|169|
|SPIR|SPIR.N|Spire Global|2024 Q4|-10.514790943645679|2.1659E7|169|
2. **Expense Trend**:
- No data is available for SPIR's expenses in Q4 2024.
- However, the company reported a cash flow used in operations of $18.5 million for the full year 2024, which reflects a 49% improvement year-over-year.
- Free cash flow for the full year 2024 was negative $45.0 million, an improvement of 16% year-over-year.
- The lack of quarterly expense data prevents a detailed analysis of trending expenses.
To summarize, Spire Global experienced a decline in revenue from Q3 to Q4 2024, but there was an improvement in cash flow used in operations and free cash flow for the full year 2024 compared to the previous year.