Spire Global is trading 8.14% down at $13.54 after its August 12, 2026 second-quarter results missed revenue expectations.
- Revenue was $18.04 million versus $18.53 million expected; adjusted loss was $0.31 per share, narrower than forecast.
- Core revenue excluding maritime operations rose 16% year over year, while non-GAAP gross margin fell to 38% from 52%.
- Operating cash flow was negative at $23.4 million; management reaffirmed its $75 million–$85 million full-year revenue outlook.