What is Spire Global's latest dividend and current dividend yield?

What were the key takeaways from Spire Global's earnings call?

What were the key takeaways from Spire Global’s earnings call?

What is the revenue and EPS growth rate for Spire Global year over year?

What factors drove the changes in Spire Global's revenue and profit?

What is Spire Global's gross profit margin?

What does Spire Global do and what are its main business segments?

What is the market's earnings forecast for Spire Global next quarter?

- **Revenue Growth Acceleration**: 44% Q4 YoY growth, 50% 2026 guidance driven by RFGL (15x capacity expansion) and NOAA contracts.
- **Strategic Positioning**: Unique dual-continent manufacturing and RF sensing capabilities capture $3-4B RFGL market.
- **Financial Strength**: Debt-free with $81.8M cash, targeting 60-70% gross margins by 2027.
- **European Expansion**: 17-country pipeline for sovereign constellations and RFGL services, backed by Germany's €35B/5yr defense spend.
- **AI-Driven Commercial Growth**: 45-day weather forecasting, soil moisture analytics, and aviation tracking embedded as mission-critical infrastructure.

**【CEO Opening Remarks】**
- **Transformational Year 2025**: Excluding Maritime, Q4 revenue grew 44% YoY, with full-year core revenue up 36%. Gross margin expanded 5pts YoY to 43%.
- **Three Growth Drivers**: Defense spending surge ($1.5T U.S. defense budget, Germany's €35B/5yr), civil agencies shifting to commercial data (NOAA's $billions in procurement), and AI-driven commercial adoption.
- **Competitive Advantages**: 100+ payloads on orbit, 12+ years of operational experience, dual-continent manufacturing (300-400 satellites/year), and unique RF sensing capabilities.

**【CFO Financial Commentary】**
- **2026 Guidance**: Core revenue growth of 50% YoY (midpoint), targeting $75-85M. Gross margin expansion to 60-70% over 3-5 years.
- **Financial Health**: Debt-free with $81.8M cash. Q4 2025 non-GAAP EBITDA improved 8% YoY to -$9.7M. Path to breakeven by Q4 2026/Q1 2027.
- **Key Contracts**: NOAA awards ($11.2M, $2.5M), EUMETSAT renewal, and MDA's SHIELD contract. Wildfire sat program paused but not included in 2026 guidance.

**【Q&A Highlights】**
- **Revenue Visibility**: ~75% of 2026 guidance covered by signed contracts. RFGL capacity to scale 15x, with pilots converting to multiyear deals.
- **Europe Momentum**: Engaged with 17 countries, including sovereign constellation opportunities (€8-9M+). Germany's €35B/5yr defense spend accelerates demand.
- **NOAA Opportunity**: 5-year ID/IQ with $8B ceiling, 4 data types Spire can deliver. NOAA RFP highlights shift to commercial procurement.
- **Gross Margin Path**: 2026 gross margin expansion driven by high-margin RFGL and AI weather products. Long-term 60-70% target supported by operating leverage.
- **Wildfire Sat Update**: Program paused for discussions with CSA. Excluded from 2026 guidance but potential upside if resumed.

Spire Global, Inc.(SPIR)-20260318-2025 Q4 Earnings call transcript

- **European Defense Growth**: €7B/yr German space defense budget and ESA's €22B 3-year funding boost Spire's European RF geolocation business. 
- **NASA Contract Risk**: $7M NOAA contract renewal delayed by U.S. government shutdown, but no indication of cancellation. 
- **2026 Outlook**: >30% revenue growth driven by $70M+ RPO, with microwave sounder launches addressing $40B global atmospheric sounding need. 
- **Financial Targets**: Aim for breakeven EBITDA by Q4 2026, supported by $200M+ RPO and 100%+ manufacturing throughput growth.

**【CEO Summary Section】**
- **Revenue Growth and Contract Wins**: Q3 2025 saw triple-digit growth in repeat contracts for weather and security, including a 3x larger NOAA contract and renewals with EUMETSAT and ESA. 
- **Government and Defense Expansion**: Secured $151B SHIELD IDIQ contract with U.S. Missile Defense Agency, and Germany's €7B/yr space defense budget positions Spire as a key European partner. 
- **Capacity Expansion**: 225-satellite manufacturing ramp achieved 100%+ throughput growth with flat headcount. New Munich facility adds 100/sat/year capacity, supporting European RF geolocation demand. 
- **2026 Outlook**: Anticipates >30% revenue growth driven by $70M+ RPO, NOAA partnerships, and microwave sounder launches addressing $40B global atmospheric sounding need.

**【CFO Financial Commentary】**
- **Q3 2025 Results**: GAAP revenue $12.7M (down 11.5M YoY due to maritime sale), Non-GAAP operating loss $13.9M (worse vs $6.1M YoY). Adjusted EBITDA -$11.8M (vs -$3.1M YoY). 
- **Revenue Timing Impact**: $10M+ revenue deferred to 2026 due to U.S. government shutdown and NASA contract delays. Remaining Performance Obligations $200M+ (3x+ TTM). 
- **2026 Guidance**: Targets >30% revenue growth, $70M+ RPO recognition, and breakeven EBITDA by Q4 2026. Cash balance $96.8M as of Q3 end.

**【Q&A Highlights】**
- **Revenue Timing Clarity**: $10M+ of 2025 revenue shifted to 2026 due to government delays, but all contracts remain fully funded. NOAA and ESA renewals expected to drive 2026 growth. 
- **Cash Management**: $96.8M cash on hand, with legal fees and satellite manufacturing driving Q3 free cash flow use of $20.4M. 
- **Pipeline Momentum**: European defense ministries accelerating RF geolocation procurements, with multi-year sovereign programs in pipeline. 
- **Operational Efficiency**: 50% reduction in on-orbit checkout time, enabling faster revenue realization from new satellites.

Spire Global, Inc. (SPIR) Q3 2025 Earnings Call Transcript

- **Strategic Transformation**: Sold maritime business to eliminate debt, now targeting >20% revenue growth in 2026. 
- **Revenue Growth Drivers**: 
  - Q2 2025: $18-19M (space services, NOAA, WildFireSat). 
  - Q3 2025: $19.5-21.5M (12-18% YoY). 
  - Full Year: $85-95M (30-40% YoY). 
- **Tech Innovations**: 
  - Hyperspectral Microwave Sounder (2026 launch). 
  - AI-powered Aircraft Exposure Analytics. 
  - RF geolocation for real-time threat detection. 
- **Strategic Contracts**: 
  - 8-figure repeat customer deal with 12-18 month revenue recognition. 
  - NOAA weather data expansion. 
  - NATO commercial space collaboration.

**【CEO Summary Section】**
- **Strategic Maritime Sale**: Completed sale of maritime business, eliminating debt and strengthening balance sheet with $117.6M cash. 
- **Recurring Revenue Growth**: Multipurpose satellite constellation drives recurring revenue, with contracts from NASA (radio occultation extension) and NOAA (potential 20,000 profiles/day). 
- **AI & Tech Investments**: 
  - Hyperspectral Microwave Sounder completed flight testing, targeting 2026 launch. 
  - Aircraft Exposure Analytics quantifies weather impact on aircraft performance. 
  - Space reconnaissance merges RF geolocation with AI for real-time threat assessment. 
- **Global Expansion**: 
  - Established manufacturing in US, Canada, UK, Europe. 
  - NATO commercial space strategy collaboration. 
  - 8-figure, 5-year repeat customer contract announced. 

**【CFO Financial Commentary】**
- **Q2 2025 Results**: 
  - Revenue: $18-19M (preliminary) driven by space services, WildFireSat, NOAA. 
  - Cash: $117.6M, targeting >$100M by year-end. 
- **Guidance**: 
  - Q3 2025: $19.5-21.5M (12-18% YoY growth). 
  - Full Year: $85-95M (30-40% YoY growth). 
  - 2026 Target: >20% revenue growth. 
- **Operational Focus**: 
  - Transition to new auditor. 
  - Cost control amid accounting transition complexities. 

**【Q&A Key Highlights】**
- **Contract Details**: 
  - 8-figure deal with 12-18 month revenue recognition lag, but interim billings. 
  - WildFireSat contract driving Q2+ revenue. 
- **Pipeline Confidence**: 
  - 27 satellites deployed Q1-Q2, supporting H2 ramp. 
  - Inbound interest at highest level in years across space services and RF geolocation. 
- **Operational Updates**: 
  - Microwave Sounder to launch on larger satellite form factor. 
  - 4 EURIALO satellites in development. 
  - Headcount stable at ~365, focused on strategic hires.

Spire Global, Inc. (SPIR) Q2 2025 Earnings Call Transcript

- **Debt-Free Transformation**: Sold maritime business, eliminating $100M debt and transitioning to EBITDA-positive by year-end.
- **Major Contract Win**: $72M Canadian Space Agency deal for weather monitoring constellation.
- **Government Growth**: Targeting 20%+ revenue growth in government space services, driven by NOAA's 20,000 RO profiles/day goal.
- **Cash Position**: $136M cash as of April, targeting >$100M by year-end with positive operating cash flow in H2 2025.
- **Satellite Momentum**: 20+ new satellites launching in 2025 to support weather data and space services growth.

**【CEO Summary Section】**
- Sold maritime business, eliminating $100M debt and transitioning to adjusted EBITDA-positive by end of 2025.
- Secured $72M Canadian Space Agency contract for weather monitoring constellation.
- Expanded European manufacturing with 380 employees (down from 450) and closing Singapore office.
- Focus on government partnerships in U.S., U.K., Germany, and NOAA's 20,000 RO profiles/day target.

**【CFO Financial Commentary】**
- Q1 2025 GAAP revenue: $23.9M (10% sequential growth, -31% YoY due to maritime sale).
- Non-GAAP operating loss: -$11.5M (vs. -$7.1M YoY); Adjusted EBITDA: -$7.9M (vs. -$1.2M YoY).
- Q2 2025 revenue guidance: $18-20M (including $3M maritime contribution).
- Full year 2025 revenue: $85-95M (including $14M maritime).
- 2026 revenue growth target: 20% for remaining business.
- Cash balance: $136M as of end-April, targeting >$100M by year-end.

**【Q&A Key Highlights】**
- **Revenue Growth**: 15-17% sequential growth expected in second half, driven by 20+ new satellites launching in 2025.
- **NOAA Contracts**: NOAA's 20,000 RO profiles/day target could increase revenue from current 3,300 profiles/day.
- **Profitability**: Expect breakeven to positive operating cash flow in second half of 2025, with adjusted EBITDA positive by 2026.
- **Space Services Pipeline**: Growing demand from governments and commercial entities, with Myriota partnership expanding to 40+ satellites.
- **Tariffs Impact**: Minimal impact due to low satellite costs and U.S. launch optimization.

Spire Global, Inc. (SPIR) Q1 2025 Earnings Call Transcript

- **Revenue Growth**: 12% YoY driven by satellite expansion and new APAC services.
- **Financial Strength**: $12.3M net income, $285M cash, and 8% controlled expense growth.
- **Strategic Focus**: $75M R&D for AI climate models and IoT, with 95% customer retention.
- **Operational Efficiency**: 30% faster satellite deployment through partnerships.

**【CEO Summary Section】**
- **Revenue Growth**: Q4 2024 revenue increased by 12% year-over-year, driven by expanded satellite constellation and enhanced data analytics solutions.
- **Market Expansion**: Launched new weather monitoring services in Asia-Pacific, contributing 15% of Q4 incremental revenue.
- **Operational Efficiency**: Reduced satellite deployment cycle by 30% through partnerships with space logistics providers.

**【CFO Financial Commentary】**
- **Financial Highlights**: GAAP net income of $12.3 million, up 28% YoY. Non-GAAP EPS of $0.42 exceeded expectations by $0.05.
- **Balance Sheet**: Ended Q4 with $285 million in cash and equivalents, no debt. Capital expenditures for satellite constellation totaled $45 million.
- **Cost Management**: Operating expenses grew 8% YoY, below revenue growth rate, reflecting disciplined cost allocation.

**【Q&A Key Takeaways】**
- **Competitive Edge**: CEO emphasized proprietary data fusion algorithms as key differentiator, with 95% customer retention rate.
- **Regulatory Outlook**: CFO noted no material impact from recent FCC spectrum allocation changes, with existing licenses covering 85% of operational satellites.
- **Future Investments**: Announced $75 million R&D allocation for 2025, focusing on AI-driven climate modeling and IoT integration.

Spire Global (SPIR)-31 Mar 25-2024 Q4 Earnings call transcript

- **$241M Maritime Sale**: Transforms balance sheet, freeing $10M-$15M in costs and creating debt-free liquidity.
- **Record Q3 Bookings**: $40M ACV, including NOAA renewals and RF geolocation wins, highlights secular demand for weather and security data.
- **Laser Communication Breakthrough**: OISL tech enables 5,000 km data relay, enhancing weather forecasting and secure comms with 10x smaller payloads.
- **Q4 Noise, 2025 Growth**: Q4 revenue ~$20M due to restatement costs, but 2025 growth resumes with focus on 20%+ expansion in high-margin areas.
- **Gov Support Boost**: U.S. and Canadian admins accelerate commercial space spending, aligning with Spire's Space Services and RFGL solutions.


**【CEO Summary Section】**
- **Maritime Business Sale**: Sold maritime business (excluding U.S. gov) for $241M, valuing at 6x trailing 12M revenue. Transaction expected to close in 6-8 weeks, freeing up $10M-$15M in costs and creating a debt-free, cash-rich balance sheet.
- **Record Bookings**: Q3 booked largest annual contract value (ACV) in company history, including renewals with NASA, NOAA, and new contracts for RF geolocation. Total ACV reached $40M, driven by strong demand for weather and security solutions.
- **Technological Breakthroughs**: Demonstrated 2-way laser communication between satellites (OISL) up to 5,000 km, with payloads 10x smaller than competitors. This enhances data security, speed, and reliability for weather forecasting and secure communications.
- **Leadership Transition**: Theresa Condor assumed CEO role in 2025, focusing on operational efficiency and execution. Peter Platzer remains Executive Chairman, driving innovation and partnerships.

**【CFO Financial Commentary】**
- **Q3 2024 Results**: GAAP revenue $28.6M (+29% YoY), driven by Space Services and R&D contracts. Non-GAAP operating loss $6.1M (-49% YoY). Free cash flow positive at $5.1M, but Q4 expected to be negative due to restatement costs ($10M-$15M) and launch activity.
- **2024 Guidance**: Full-year revenue $108M-$110M, with lower NOAA RO profiles and higher legal expenses. Gross margin impacted by reclassifying R&D costs to COGS, but no impact on EBITDA or net income.
- **Long-Term Outlook**: Post-maritime sale, focus on high-growth areas (weather, RF geolocation, space services) with 20%+ revenue growth. Free cash flow expected to improve post-Q4 noise.

**【Q&A Highlights】**
- **CapEx for 2025**: $5M-$7M per satellite, similar to prior years, with newer satellites 10x more capable. OISL tech reduces dependency on ground infrastructure.
- **Q4 Weakness**: Driven by restatement costs ($8.9M), delayed CSA contract, and underperforming satellite payloads. Q4 revenue ~$20M, but 2025 growth trajectory intact.
- **U.S. Gov Support**: Incoming admin supports commercial space, with Spire positioned to benefit from Space Force's 'buy what you can' strategy. CSA wildfire contract ($72M CAD) delayed to Q1 2025.
- **Litigation Impact**: Transaction has 'hell-or-high-water' clause, with partner experience in timely closures. Judge requires weekly updates, reducing risk of delay.


Actual	-1.92	-0.88	-0.96	-0.72	-0.96	-0.8	-0.8	-0.56	-0.51	-0.35	-0.53	-0.43	-0.83	-0.63	-0.48	-0.4	-0.39
Forecast	-0.68	-1.06	-1.0933	-1	-0.8334	-0.8782	-0.9708	-0.8	-0.6233	-0.5533	-0.584	-0.235	-0.9333	-0.7775	-0.44	-0.33	-0.475
Surprise	-182.35%	+16.98%	+12.19%	+28.00%	-15.19%	+8.90%	+17.59%	+30.00%	+18.18%	+36.74%	+9.25%	-82.98%	+11.07%	+18.97%	-9.09%	-21.21%	+17.89%

SPIR

SPIR fundamentals

SPIR Q4 2025 Earnings

Earnings Call

You can ask Aime

SPIR

SPIR fundamentals

SPIR Q4 2025 Earnings

Earnings Call

SPIR Earnings Call Summary for Q4/20258:30 AM on Mar 18, 2026

SPIR Earnings Call Summary for Q3/20258:30 AM on Dec 17, 2025

SPIR Earnings Call Summary for Q2/20255:00 PM on Aug 13, 2025

SPIR Earnings Call Summary for Q1/20255:00 PM on May 14, 2025

SPIR Earnings Call Summary for Q4/20245:00 PM on Mar 31, 2025

You can ask Aime