EX-99.1 2 spir-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Spire Global Announces First Quarter 2026 Results ● First quarter 2026 revenue was $15.8 million, above the high end of the guidance range, down 34% year-over-year, and up 13% excluding the maritime business(1) ● Net loss of $25.8 million and adjusted EBITDA(1) of ($10.2) million in first quarter 2026, with adjusted EBITDA(1) above the high end of the guidance range, reflect a 10% year-over-year increase in net loss and 29% year-over-year decline in adjusted EBITDA(1) VIENNA, VA, May 13, 2026 - Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of satellite data, analytics and intelligence, announced results for its quarter ended March 31, 2026. The Company will hold a webcast at 5:00 p.m. ET today to discuss the results. “We started the year with a clear goal of growing revenue on an ex-maritime basis, and in the first quarter, we didn't just meet our expectations - we exceeded them,” said Theresa Condor, Spire CEO. “The foundation we've built over years is now translating directly into growth, and as that momentum compounds through the year, we expect performance that reflects the potentia…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Spire Global, Inc.
SPIRNYSEEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 13, 2026, Spire Global, Inc. (“Spire”) issued a news release announcing its financial results for the quarter ended March 31, 2026. Spire will also host an earnings call on May 13, 2026, during which Spire will discuss its financial results for the quarter ended March 31, 2026 and provide a business update.…
Company context
We are a global provider of space-based data, analytics, and space services, offering unique datasets and powerful insights about Earth so that organizations can make decisions with confidence in a rapidly changing world. We build, own, and operate a fully deployed constellation of multi-purpose nanosatellites that observe the Earth in real time using radio frequency (“RF”) technology. The data acquired by our satellites provide global weather intelligence, aircraft and ship movements, and spoofing and jamming detection to help predict how these patterns affect economies, global security, business operations, and the environment. Additionally, we deliver space-based intelligence through a mission-ready satellite network and military-grade analytics. Our platform supports persistent signal monitoring, source detection, and asset tasking across any global region of interest. We also offer Space Services solutions that enable our customers to deploy and scale their own constellation, by leveraging our proven space platform, global ground station network, end-to-end manufacturing facility, and extensive launch partnership network.