Filing Flows › Spire Global (SPIR) › Q2 2026
Spire Global (SPIR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Spire Global (SPIR) reported revenue of $18.0M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +14% from the quarter before. Operating margin was -110.2%, net loss $20.0M (110.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.0M | +14% | -6% |
| Operating profit | −$19.9M | — | — |
| Net earnings | −$20.0M | — | -117% |
| Operating cash flow | −$23.4M | — | — |
What changed
Revenue was $18.0M in Q2 2026, down 6% year over year and up 14% from the previous quarter. Subscription Based Contract was the largest line at 70% of revenue. Subscription Based Contract lost $2.0M year over year (down 14%), 176% of the total change.
Gross margin was 34.1%, down 14.8 points from Q2 2025. Operating costs exceeded revenue by $19.9M, an operating margin of -110.2%. Operating expenses fell 21% while revenue fell 6%. The quarter ended with a net loss of $20.0M, narrower than the previous quarter's $25.8M loss.
Operating cash flow was −$23.4M. Non-cash charges added back $4.1M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $10.5M. Capital expenditures of $5.5M exceeded it, leaving free cash flow of −$28.8M.
Questions
What was Spire Global's revenue in the second quarter 2026?
Spire Global (SPIR) reported revenue of $18.0M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +14% from the quarter before.
Was Spire Global profitable in the second quarter 2026?
Operating loss was $19.9M (-110.2% of revenue) and net loss $20.0M.
Source: Spire Global 10-Q on SEC EDGAR.