Spire Global, Inc. balance sheet
At the end of fiscal 2025, Spire Global, Inc. had total assets of $211m, total liabilities of $98.1m and shareholders' equity of $113m. It held $24.8m in cash against $0 of debt: net cash of $24.8m.
Balance sheet
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 16 | 109 | 47 | 29 | 19 | 25 | 39 |
| Receivables | 4 | 10 | 14 | 10 | 12 | 4 | 6 |
| Total current assets | 22 | 132 | 94 | 72 | 92 | 94 | 110 |
| Goodwill | 0 | 54 | 50 | 51 | 15 | 15 | 15 |
| Total assets | 44 | 290 | 256 | 239 | 194 | 211 | 227 |
| Accounts payable | 2 | 6 | 5 | 8 | 12 | 15 | 12 |
| Deferred revenue (current) | 8 | 9 | 21 | 31 | 22 | 35 | 33 |
| Total current liabilities | 13 | 25 | 38 | 49 | 152 | 72 | 59 |
| Short-term debt | — | — | — | 0 | 94 | 0 | — |
| Long-term debt | 27 | 51 | 98 | 114 | 5 | — | — |
| Total debt | 31 | 76 | 105 | 123 | 103 | 0 | 0 |
| Total liabilities | 93 | 100 | 165 | 201 | 205 | 98 | 82 |
| Shareholders' equity | −49 | 190 | 91 | 38 | −12 | 113 | 144 |
| Net debt (negative = net cash) | 16 | −33 | 58 | 94 | 84 | −25 | −39 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 9 | 12 | 10 | 7 | 6 | 4 | 7 | 6 |
| Total current assets | 58 | 92 | 108 | 132 | 113 | 94 | 64 | 110 |
| Goodwill | 50 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Total assets | 224 | 194 | 209 | 240 | 224 | 211 | 183 | 227 |
| Accounts payable | 11 | 12 | 7 | 9 | 11 | 15 | 16 | 12 |
| Deferred revenue (current) | 27 | 22 | 26 | 25 | 28 | 35 | 36 | 33 |
| Total current liabilities | 144 | 152 | 162 | 54 | 59 | 72 | 69 | 59 |
| Short-term debt | 92 | 94 | 100 | 0 | 0 | 0 | — | — |
| Long-term debt | 5 | 5 | 0 | — | — | — | — | — |
| Total debt | 97 | 99 | 100 | 0 | 0 | 0 | — | — |
| Total liabilities | 193 | 205 | 203 | 90 | 91 | 98 | 92 | 82 |
| Shareholders' equity | 31 | −12 | 4 | 149 | 133 | 113 | 91 | 144 |
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