Spire Inc

Latest Results (03.10.2025):

Spire Inc. reported its preliminary financial results for the second quarter of 2025, projecting unaudited revenue between $18.0 million and $19.0 million. The company maintains its full-year 2025 revenue guidance of $85.0 million to $95.0 million and anticipates closing the year with over $100 million in cash, cash equivalents, and marketable securities.

Revenue Guidance

For the second quarter of 2025, Spire Inc. expects preliminary, unaudited revenue to range from $18.0 million to $19.0 million. Additionally, the company projects third-quarter 2025 revenue to be between $19.5 million and $21.5 million, maintaining its full-year guidance of $85.0 million to $95.0 million.

Cash Position

As of June 30, 2025, Spire Inc. reported having $117.6 million in cash, cash equivalents, and marketable securities. The company expects to end the fiscal year 2025 with over $100 million in these liquid assets.

Significant Contracts and Business Developments

Spire Inc. secured an eight-figure, five-year space services contract from a repeat commercial customer and a $1.2 million NASA contract renewal for Earth observation data. Additionally, the company was awarded a contract by the European Space Agency for weather data under the Third Party Mission program. Spire also expanded its offerings with new space-based radio frequency intelligence capabilities and launched Aircraft Exposure Analytics to assess weather-related aircraft risks.

Technology Advancements

The company continued the development of its next-generation Hyperspectral Microwave Sounder (HyMS), successfully completing an airborne demonstration. The first sensor is scheduled to launch no earlier than the first quarter of 2026, enhancing Spire's weather forecasting capabilities.

Outlook

Spire Inc. remains optimistic about its financial and operational prospects, with ongoing developments and contract wins positioning the company for continued growth in the space-based data and analytics sector.