Spire Global Inc. reported first-quarter 2026 revenue of $15.8 million. This figure fell 58.48% below the forecasted $38.13 million. Despite the shortfall, the company reaffirmed its full-year 2026 revenue guidance of $75 million to $85 million. This outlook represents over 50% year-over-year growth, excluding the maritime business.
Operationally, Spire deployed 19 satellites across two launches during the quarter. These missions expanded radio-frequency geolocation capabilities and secured new customers. On the same day, travel technology leader Amadeus selected Spire to provide real-time aircraft tracking data for its airport operations platform.
Spire's stock rose in after-hours and pre-market trading following the report. Investors prioritized the strong full-year guidance and positive long-term outlook over the quarterly revenue miss.