Spire Global Inc. reported third quarter (Q3) 2025 revenue of USD 12.7 million. The company noted the revenue decline was primarily associated with the sale of its maritime business at the end of April 2025, as well as timing in revenue recognition and uncertainty regarding the renewal of an Earth observation data contract. Spire Global recognized approximately USD 43.5 million of revenue in 2024 for the maritime business. Revenue impacted by recognition timing remains fully contracted and is expected to be recognized in 2026 as the company executes and delivers against program milestones. For the fourth quarter (Q4) 2025, Spire Global provided revenue guidance in the range of USD 14.8 million to USD 16.8 million, representing a year-over-year decrease of 32 percent to 22 percent. Full year (FY) 2025 revenue is expected to be between USD 70.5 million and USD 72.5 million, a year-over-year decrease of 36 percent to 34 percent. The company reported a non-GAAP operating loss for Q3 2025, and provided guidance for Q4 2025 non-GAAP operating loss between USD 16.4 million and USD 15.5 million. Full year non-GAAP operating loss is expected to range from USD 54.7 million to USD 53.8 million. Adjusted EBITDA for Q4 2025 is anticipated to be between USD minus 12.2 million and USD minus 11.4 million, while full year adjusted EBITDA is projected between USD minus 42.2 million and USD minus 41.3 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spire Global Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251217240364) on December 17, 2025, and is solely responsible for the information contained therein.
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