Spire Global Q2 FY26 net loss widens to $20 million; revenue drops 6% to $18 million year over year

Reuters2026/08/12 20:12

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Spire Global posts second-quarter revenue of USD 18 million, down 6% year-over-year; net loss widens to USD 20 million.
Adjusted EBITDA loss narrows 16% year-over-year to USD 8.6 million; gross margin drops 16 percentage points to 34%.
Cash flow used in operations improves 32% year-over-year to USD 23.4 million; cash and marketable securities total USD 91.7 million.
Strategic partnerships signed with Schaeffler, Diehl Defence; four new international RFGL customers added during the quarter.
Full-year revenue guidance reaffirmed at USD 75-85 million, including USD 3.4 million maritime revenue; CEO cites shifting demand for scaled commercial space capabilities.

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: 202608121605BIZWIRE_USPR_____20260812_BW341070) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Spire Global Q2 FY26 net loss widens to $20 million; revenue drops 6% to $18 million year over year

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