Spire Global, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Information on Segment Reporting (Tables)

Information on Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Schedule Of Segment Reporting Information By Segment

The following table includes segment revenue and significant segment expenses:


	Three Months Ended March 31,
	2026			2025
Revenue	$	15,834		$	23,876
Less:
Employee expense (a)		18,929			20,296
Equipment and software expenses (b)		4,906			10,319
Depreciation and amortization		3,018			4,413
Professional services		8,974			8,872
Facilities expense (b)		1,188			1,049
Contractor expense		562			378
Other operating and marketing expenses		1,291			1,279
Loss on decommissioned satellites and disposal of assets		909			5,129
Interest expense		—			5,730
Change in fair value of contingent liability and warrant liabilities		120			(6,874	)
Other segment items (c)		1,780			(3,200	)
Segment net loss	$	(25,843	)	$	(23,515	)

(a) Employee expense included stock-based compensation expense of $4.0 million and $4.9 million for the three months ended March 31, 2026 and 2025, respectively.

(b) In the second quarter of 2025, the Company reclassified certain expenses from Facilities expense to Equipment and software expenses within its segment reporting to better reflect the nature of the costs. Prior period amounts have been recast to conform to the current year period presentation. This reclassification impacted only the composition of the expense categories regularly provided to the Company’s CODM and had no impact on total segment expenses, the condensed consolidated statements of operations, or loss per share.

(c) Other segment items included in segment net loss include foreign exchange (gain) loss, income tax (benefit) provision, equity investment loss, travel and meals expenses, and interest income.