Filing Flows › Spire Global (SPIR) › Q2 2026 › vs Q2 2025
Spire Global (SPIR) Q2 2026 vs Q2 2025 (year over year)
Spire Global's revenue fell $1.1M (-6%) from $19.2M in Q2 2025 to $18.0M in Q2 2026. The biggest changes: Subscription Based Contract −$2.0M (-14%); Non Subscription Based Contracts +$866K (+19%).
Spire Global, Q2 2026: revenue $18.0M (-6% year over year), operating margin -110.2%, net loss $20.0M, operating cash flow −$23.4M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Subscription Based Contract | $12.6M | $14.6M | −$2.0M | -14% |
| Non Subscription Based Contracts | $5.5M | $4.6M | $866K | +19% |
| Revenue | $18.0M | $19.2M | −$1.1M | -6% |
| Other income, net | $187K | $145M | −$145M | -100% |
| Net loss | $20.0M | −$120M | $140M | — |
| Costs & expenses | $38.2M | $164M | −$126M | -77% |
| Operating costs | $37.9M | $42.7M | −$4.8M | -11% |
| Income tax | $263K | $1.8M | −$1.5M | -85% |
| Cost of revenue | $11.9M | $9.8M | $2.1M | +21% |
| Research & development | $8.2M | $10.2M | −$2.0M | -20% |
| Sales & marketing | $3.2M | $4.4M | −$1.2M | -27% |
| General & admin | $14.1M | $17.2M | −$3.0M | -18% |
| Other operating costs | $526K | $1.1M | −$584K | -53% |
| Operating cash sources | $30.5M | $43.8M | −$13.3M | -30% |
| Depreciation & amortization | $4.1M | $2.5M | $1.5M | +61% |
| Share-based compensation | $3.0M | $6.2M | −$3.2M | -51% |
| Cash used in operations | $23.4M | $35.1M | −$11.7M | -33% |
| Net loss absorbed | $20.0M | −$120M | $140M | — |
| Working capital & other | $10.5M | $163M | −$153M | -94% |
Questions
How much did Spire Global's revenue grow year over year in Q2 2026?
Spire Global's revenue fell $1.1M (-6%) from $19.2M in Q2 2025 to $18.0M in Q2 2026.
What drove Spire Global's revenue change in Q2 2026?
Subscription Based Contract −$2.0M (-14%); Non Subscription Based Contracts +$866K (+19%).