Spire Global Inc (NYSE:SPIR)

Q1 2026 Spire Global Inc Earnings Call Transcript

May 13, 2026 / 09:00 PM GMT

Release Date Price: $18.37 (+4.14%)

Transcript 10-Q8-K

Key Points

Positve

Spire Global Inc (SPIR) exceeded the high end of its guidance on both revenue and adjusted EBITDA for Q1 2026.
Core revenue, excluding maritime, grew by 13% year-over-year.
The company has reserved launch capacity through 2028, ensuring scalability and operational flexibility.
Spire Global Inc (SPIR) has a dual-continent manufacturing footprint, enhancing its competitive edge in defense procurement.
The company secured five new RFGL orders from U.S. customers and signed three new international RFGL customers, indicating strong demand for its services.

Negative

Spire Global Inc (SPIR) used $26.2 million in operating cash flow in Q1 2026, driven by planned working capital timing and elevated legal and professional fees.
The company remains unprofitable, with full-year adjusted EBITDA guidance expected to be between negative $26 million and negative $20.7 million.
There are delivery risks associated with the company's operations, which could impact future performance.
The shift to annual guidance from quarterly guidance may reduce transparency and make it harder for investors to track short-term performance.
The European market for RFGL services is slower to develop compared to the U.S., potentially delaying revenue realization from this region.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SPIR.N - Spire Global Inc
Q1 2026 Spire Global Inc Earnings Call
May 13, 2026 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Greetings, and welcome to the Aspire Global First Quarter 2026 Earnings Conference Call and Webcast.

At this time, all participants are in this and only mode.

A question-and-answer session will follow the formal presentation.

You may be placed in the question queue at any time by pressing star one on your telephone keypad.

As a reminder, this conference is being recorded. If anyone should require operator assistance, please press star zero.

It's now my pleasure to turn a call over to Ben Hackman, Head of Investor Relations. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.