Spire Global, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Net Income (Loss) per Share (Tables)

Net Income (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Earnings Per Share Basic and Diluted Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except share and per share amounts):


	Year Ended December 31,
	2025			2024
Numerator:
Net income (loss)	$	51,305		$	(103,359	)
Income allocated to participating Securities Purchase Agreement Warrants		(111	)		—
Basic net income (loss) attributable to common stockholders		51,194			(103,359	)
Removal of mark-to-market adjustment for 2022 Blue Torch Warrants		(1,472	)		—
Removal of mark-to-market adjustment for 2023 Blue Torch Warrants		(2,135	)		—
Adjustment to income allocated to participating Securities Purchase Agreement Warrants		(6	)		—
Dilutive net income (loss) attributable to common stockholders	$	47,581		$	(103,359	)
Denominator:
Weighted-average Class A common stock outstanding - basic		30,910,259			24,159,770
Effect of dilutive securities:
Stock Options		91,944			—
RSUs		715,953			—
2022 Blue Torch Warrants		98,339			—
2023 Blue Torch Warrants		134,355			—
Weighted-average Class A common stock outstanding - diluted		31,950,850			24,159,770
Class A common stock:
Net income (loss) per share - basic	$	1.66		$	(4.28	)
Net income (loss) per share - diluted	$	1.49		$	(4.28	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share


	2025		2024
Stock options		1,458,352		1,978,557
RSUs, PSUs, and Potential ESPP Shares		900,068		2,785,389
Credit Agreement Warrants		24,834		1,058,940
Contingent Earnout Shares		912,600		—
		3,295,854		5,822,886