Spire Global 3Q 2026: Revenue $18M, EPS ($0.52) — 10-Q Summary

What happened

Spire Global reported third-quarter 2026 revenue of $18 million, up 42% year over year, while its net loss widened to $20.25 million from $19.68 million. Higher data delivery and Weather and Climate sales lifted revenue; higher operating expenses and a foreign-exchange loss contributed to the loss.

Confirmed

Global impact / market context

Revenue growth from data delivery and weather data suggests stronger customer sales, while gross margin—the share of revenue left after direct costs—rose to 46% from 37%. But the wider net loss shows higher operating expenses and foreign-exchange losses still weighed on the bottom line.

Analyst inference

The article reports two NOAA awards: a $33.2 million two-year task order and a separate $28 million two-year contract. These could support future revenue, but the article does not say when the work will be delivered, how much profit it may generate, or whether the amounts are already included in reported sales.

Analyst inference

What to watch

1. Track whether Space Services data delivery and Weather and Climate sales continue growing, and whether that revenue growth is enough to cover operating expenses. Analyst inference
2. Look for details on the timing and delivery of the two NOAA awards, since work completed and recognized as revenue may affect later results. Analyst inference
3. Check whether gross margin stays above its prior-year level of 37%; a decline could indicate that direct costs are rising faster than revenue. Analyst inference

Evidence

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