Spire Global Inc. (SPIR) Releases Q4 2025 Earnings: Revenue Decline, Wider Net Loss and Larger Diluted Loss Per Share

Spire Global Inc. (ticker $SPIR) reported fourth-quarter 2025 results.

Key highlights:

Total revenue: $15.8 million, down 26.9% year‑over‑year.

Gross profit: $6.43 million, down 8.5% year‑over‑year.

Operating loss: -$23.1 million, a 24.7% larger loss year‑over‑year.

Net loss attributable to common shareholders: -$25.1 million, worsening 48.0% year‑over‑year.

Diluted loss per share: -$0.82, down 57.1% year‑over‑year.

Cash flow and capital spending:

Cash from operating activities: -$4.28 million, down 77.7% year‑over‑year.

Purchases of property, plant and equipment: -$11.9 million, up 133.4% year‑over‑year.

Balance sheet snapshots:

Cash and cash equivalents: $24.8 million, up 29.2% year‑over‑year.

Total liabilities: $98.1 million, down 52.2% year‑over‑year.

Other income statement item:

Cost of sales: $9.39 million, down 35.8% year‑over‑year.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Spire Global Inc. Insider Trading Activity

Spire Global Inc. insiders have traded $SPIR stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $SPIR stock by insiders over the last 6 months:

PETER PLATZER (Executive Chairman) has made 0 purchases and 2 sales selling 175,664 shares for an estimated $1,483,173.
THERESA CONDOR (Chief Executive Officer) sold 41,712 shares for an estimated $355,803
PEREZ CELIA PELEZ (Chief Operating Officer) sold 19,134 shares for an estimated $163,213

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Spire Global Inc. Hedge Fund Activity

We have seen 54 institutional investors add shares of Spire Global Inc. stock to their portfolio, and 62 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SHAY CAPITAL LLC removed 342,553 shares (-66.2%) from their portfolio in Q4 2025, for an estimated $2,569,147
HARBOR CAPITAL ADVISORS, INC. removed 316,546 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $3,478,840
GRANAHAN INVESTMENT MANAGEMENT, LLC removed 282,333 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $3,102,839
MARSHALL WACE, LLP removed 269,401 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $2,960,716
LANE GENERATIONAL LLC added 214,532 shares (+40.4%) to their portfolio in Q4 2025, for an estimated $1,608,990
SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 200,437 shares (-92.4%) from their portfolio in Q4 2025, for an estimated $1,503,277
RAYMOND JAMES FINANCIAL INC added 169,975 shares (+92.6%) to their portfolio in Q4 2025, for an estimated $1,274,812

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Spire Global Inc. Analyst Ratings

Wall Street analysts have issued reports on $SPIR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

HC Wainwright & Co. issued a "Buy" rating on 01/23/2026
Canaccord Genuity issued a "Buy" rating on 12/22/2025

To track analyst ratings and price targets for Spire Global Inc., check out Quiver Quantitative's $SPIR forecast page.

Spire Global Inc. Price Targets

Multiple analysts have issued price targets for $SPIR recently. We have seen 4 analysts offer price targets for $SPIR in the last 6 months, with a median target of $13.25.

Here are some recent targets:

Erik Rasmussen from Stifel set a target price of $16.0 on 03/19/2026
Scott Buck from HC Wainwright & Co. set a target price of $19.0 on 01/23/2026
Brian Kinstlinger from Alliance Global Partners set a target price of $9.0 on 12/24/2025
Austin Moeller from Canaccord Genuity set a target price of $10.5 on 12/22/2025