Spire Global Announces Third Quarter 2026 Results, Achieving 42% Year-Over-Year Revenue Growth
Business Wire•10/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $18.0 million, up 42% year-over-year
- ➤2026 revenue guidance $75 million-$80 million; adjusted EBITDA $(32.4)-$(27.4) million
- ➤NOAA awarded Spire a $33.2 million two-year GNSS-RO task order
- ➤NOAA awarded Spire a two-year $28 million hyperspectral sounding contract
- ➤2027 preliminary revenue outlook is $96 million-$106 million
Expert Statements
Theresa Condor, CEO of Spire Global
“Spire is entering a new phase of execution, and this quarter’s core business growth and major contract wins demonstrate our strong momentum”
Theresa Condor, CEO of Spire Global
“These multi-year awards give us greater revenue visibility into 2027 and beyond.”
Theresa Condor, CEO of Spire Global
“With satellites in orbit, an established ground network and global manufacturing capabilities across the U.S., UK and Germany, we have the foundation to deliver on these commitments, grow efficiently and advance toward profitability.”
Spire Global Announces Third Quarter 2026 Results, Achieving 42% Year-Over-Year Revenue Growth
* Third quarter 2026 revenue was $18.0 million, up 42% year-over-year, and up 77% excluding the maritime business.((1))
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