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Spire Global vs Our Bond: SPIR and OBAI compared
Spire Global is the larger company: $18.0M of revenue in its latest quarter (Q2 2026) against $2.1M for Our Bond (Q2 2026). Spire Global is growing faster (-6% against -7% a year earlier). Spire Global is more profitable, with an operating margin of -110.2% against -185.1%.
Where the money goes: SPIR and OBAI
Spire Global (SPIR) · Q2 2026
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.
Our Bond (OBAI) · Q2 2026
Our Bond, Q2 2026: revenue $2.1M (-7% year over year), operating margin -185.1%, net loss $4.8M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.
| Spire Global (SPIR) | Our Bond (OBAI) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $18.0M | $2.1M |
| Revenue growth, Y/Y | -6% | -7% |
| Operating margin | -110.2% | -185.1% |
| Net earnings | −$20.0M | −$4.8M |
| Net margin | -110.6% | -225.0% |
| Operating cash flow | −$23.4M | −$3.9M |
Where the revenue comes from
Spire Global
- Subscription Based Contract: $12.6M (70%)
- Non Subscription Based Contracts: $5.5M (30%)
Questions
Which is bigger, Spire Global or Our Bond?
Spire Global is the larger company: $18.0M of revenue in its latest quarter (Q2 2026) against $2.1M for Our Bond (Q2 2026).
Is Spire Global or Our Bond growing faster?
Spire Global is growing faster (-6% against -7% a year earlier).
Which is more profitable, Spire Global or Our Bond?
Spire Global is more profitable, with an operating margin of -110.2% against -185.1%.
More: Spire Global earnings · how Spire Global makes money · Our Bond earnings · how Our Bond makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.