8-K Announcements
6Apr 10, 2026·SEC
Mar 18, 2026·SEC
Mar 11, 2026·SEC
Spire Global, Inc. (SPIR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Spire Global, Inc. (SPIR) stock price & volume — 10-year historical chart
Spire Global, Inc. (SPIR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Spire Global, Inc. (SPIR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 18, 2026 | $0.39vs $0.49+20.4% | $16Mvs $15M+2.2% |
| Q4 2025 | Dec 17, 2025 | $0.33vs $0.33+0.0% | $21Mvs $22M-1.7% |
| Q2 2025 | May 14, 2025 | $0.63vs $0.68+7.4% | $24Mvs $23M+5.3% |
| Q2 2025 | Mar 31, 2025 | $0.83vs $0.92+9.8% | $22Mvs $20M+6.5% |
Spire Global, Inc. (SPIR) competitors in Data, Marketplaces and Specialty Services — business model, growth, and fundamentals comparison
Spire Global, Inc. (SPIR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Spire Global, Inc. (SPIR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 18.49M | 28.49M | 43.38M | 70.77M | 97.61M | 110.45M | 71.55M |
| Revenue Growth % | - | 54.07% | 52.25% | 63.15% | 37.93% | 13.15% | -35.22% |
| Cost of Goods Sold | 14.87M | 10.29M | 18.72M | 53.63M | 59.02M | 70.56M | 42.39M |
| COGS % of Revenue | 80.44% | 36.1% | 43.16% | 75.78% | 60.47% | 63.88% | 59.24% |
| Gross Profit | 3.62M▲ 0% | 18.2M▲ 403.3% | 24.66M▲ 35.4% | 17.14M▼ 30.5% | 38.59M▲ 125.1% | 39.89M▲ 3.4% | 29.16M▼ 26.9% |
| Gross Margin % | 19.56% | 63.9% | 56.84% | 24.22% | 39.53% | 36.12% | 40.76% |
| Gross Profit Growth % | - | 403.32% | 35.43% | -30.48% | 125.12% | 3.38% | -26.89% |
| Operating Expenses | 33.06M | 44.22M | 92.48M | 96.02M | 97.37M | 97.84M | 116.02M |
| OpEx % of Revenue | 178.81% | 155.2% | 213.21% | 135.68% | 99.75% | 88.58% | 162.14% |
| Selling, General & Admin | 15.62M | 22.8M | 60.87M | 73.39M | 67.75M | 71.96M | 79.34B |
| SG&A % of Revenue | 84.48% | 80.02% | 140.33% | 103.71% | 69.41% | 65.15% | 110887.03% |
| Research & Development | 15.07M | 20.75M | 31.61M | 22.07M | 27.65M | 29.19M | 36.67B |
| R&D % of Revenue | 81.5% | 72.84% | 72.89% | 31.19% | 28.33% | 26.43% | 51251.52% |
| Other Operating Expenses | 2.37M | 666K | 0 | 549K | 1.97M | -3.31M | -115.9B |
| Operating Income | -29.45M▲ 0% | -26.01M▲ 11.7% | -67.83M▼ 160.8% | -78.88M▼ 16.3% | -58.78M▲ 25.5% | -57.95M▲ 1.4% | -86.85M▼ 49.9% |
| Operating Margin % | -159.25% | -91.3% | -156.37% | -111.46% | -60.22% | -52.47% | -121.38% |
| Operating Income Growth % | - | 11.67% | -160.76% | -16.29% | 25.48% | 1.41% | -49.87% |
| EBITDA | -19.41M | -20.46M | -59.32M | -58.19M | -37.62M | -31.38M | -74.45M |
| EBITDA Margin % | -104.96% | -71.83% | -136.75% | -82.23% | -38.54% | -28.41% | -104.04% |
| EBITDA Growth % | - | -5.45% | -189.85% | 1.9% | 35.34% | 16.6% | -137.25% |
| D&A (Non-Cash Add-back) | 10.04M | 5.55M | 8.51M | 20.68M | 21.16M | 26.57M | 12.4M |
| EBIT | -27.07M | -25.33M | -26.18M | -84.77M | -58.66M | -82.3M | -86.85M |
| Net Interest Income | -3.13M | -6.72M | -11.39M | -13.01M | -16.7M | -18.81M | -4.98M |
| Interest Income | 3.13M | 54K | 23K | 948K | 2.33M | 1.55M | 2.44M |
| Interest Expense | 0 | 6.77M | 11.42M | 13.96M | 19.04M | 20.36M | 7.42M |
| Other Income/Expense | -2.54M | -6.09M | 30.23M | -19.85M | -18.92M | -44.71M | 141.77M |
| Pretax Income | -31.98M▲ 0% | -32.1M▼ 0.4% | -37.59M▼ 17.1% | -98.73M▼ 162.6% | -77.7M▲ 21.3% | -102.66M▼ 32.1% | 54.92M▲ 153.5% |
| Pretax Margin % | -172.98% | -112.69% | -86.67% | -139.51% | -79.6% | -92.95% | 76.75% |
| Income Tax | 334K | 400K | 497K | 285K | -142K | 159K | 3.61M |
| Effective Tax Rate % | -1.04% | -1.25% | -1.32% | -0.29% | 0.18% | -0.15% | 6.58% |
| Net Income | -32.32M▲ 0% | -32.5M▼ 0.6% | -38.09M▼ 17.2% | -99.01M▼ 159.9% | -77.56M▲ 21.7% | -102.82M▼ 32.6% | 51.3M▲ 149.9% |
| Net Margin % | -174.78% | -114.09% | -87.82% | -139.91% | -79.46% | -93.09% | 71.7% |
| Net Income Growth % | - | -0.57% | -17.19% | -159.94% | 21.67% | -32.57% | 149.9% |
| Net Income (Continuing) | -32.32M | -32.5M | -38.09M | -99.01M | -77.56M | -102.82M | 51.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -25.09▲ 0% | -14.72▲ 41.3% | -4.90▲ 66.7% | -5.66▼ 15.5% | -3.96▲ 30.0% | -4.26▼ 7.5% | 1.61▲ 137.8% |
| EPS Growth % | - | 41.33% | 66.69% | -15.47% | 30.05% | -7.55% | 137.79% |
| EPS (Basic) | -25.09 | -14.72 | -4.90 | -5.66 | -3.96 | -4.26 | 1.66 |
| Diluted Shares Outstanding | 1.29M | 2.21M | 7.77M | 17.48M | 19.58M | 24.16M | 31.95B |
| Basic Shares Outstanding | 1.29M | 2.21M | 7.77M | 17.48M | 19.58M | 24.16M | 30.91B |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
Spire Global, Inc. (SPIR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 29.46M | 22.27M | 130.69M | 94.18M | 72.34M | 92.16M | 93.77B |
| Cash & Short-Term Investments | 23.86M | 15.57M | 109.26M | 70.28M | 40.86M | 19.21M | 81.78B |
| Cash Only | 23.86M | 15.57M | 109.26M | 47.2M | 29.14M | 19.21M | 24.81B |
| Short-Term Investments | 0 | 0 | 0 | 23.08M | 11.73M | 0 | 56.97B |
| Accounts Receivable | 3.58M | 5M | 13.64M | 17.87M | 21.86M | 13.36M | 5.96M |
| Days Sales Outstanding | 70.69 | 64.06 | 114.81 | 92.16 | 81.75 | 44.15 | 30.38 |
| Inventory | 0 | 725K | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | 25.73 | - | - | - | - | - |
| Other Current Assets | 1.91M | 910K | 2.62M | 867K | -1.74M | 57.68M | 11.99B |
| Total Non-Current Assets | 17.43M | 22.15M | 173.58M | 161.81M | 166.93M | 101.42M | 117.22B |
| Property, Plant & Equipment | 15.91M | 20.46M | 48.7M | 67.51M | 75.37M | 74.41M | 91.6B |
| Fixed Asset Turnover | 1.16x | 1.39x | 0.89x | 1.05x | 1.30x | 1.48x | 0.00x |
| Goodwill | 0 | 0 | 0 | 49.95M | 51.16M | 14.73M | 15.45B |
| Intangible Assets | 755K | 751K | 97.78M | 34.78M | 32.02M | 10.16M | 9.08B |
| Long-Term Investments | 0 | 415K | 389K | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 762K | 939K | 12.63M | 9.56M | 8.38M | 2.11M | 1.08B |
| Total Assets | 46.89M▲ 0% | 44.42M▼ 5.3% | 304.27M▲ 584.9% | 255.99M▼ 15.9% | 239.26M▼ 6.5% | 193.57M▼ 19.1% | 210.99B▲ 108897.5% |
| Asset Turnover | 0.39x | 0.64x | 0.14x | 0.28x | 0.41x | 0.57x | 0.00x |
| Asset Growth % | - | -5.26% | 584.95% | -15.87% | -6.53% | -19.1% | 108897.55% |
| Total Current Liabilities | 12.57M | 13.29M | 24.92M | 38.3M | 49.34M | 151.59M | 72.29B |
| Accounts Payable | 600K | 1.77M | 5.82M | 4.8M | 8.01M | 11.59M | 14.87M |
| Days Payables Outstanding | 14.72 | 62.99 | 113.56 | 32.67 | 49.55 | 59.96 | 128 |
| Short-Term Debt | 6M | 0 | 0 | 0 | 0 | 93.94M | 0 |
| Deferred Revenue (Current) | 0 | 8.11M | 8.63M | 20.52M | 31.18M | 22.04M | 0 |
| Other Current Liabilities | 4.2M | 0 | 4.82M | 0 | 4.82M | 7.67M | 72.28B |
| Current Ratio | 2.34x | 1.68x | 5.24x | 2.46x | 1.47x | 0.61x | 1.30x |
| Quick Ratio | 2.34x | 1.62x | 5.24x | 2.46x | 1.47x | 0.61x | 1.30x |
| Cash Conversion Cycle | - | 26.79 | - | - | - | - | - |
| Total Non-Current Liabilities | 52.97M | 79.87M | 89.14M | 126.56M | 152.13M | 53.67M | 25.77B |
| Long-Term Debt | 51.4M | 75.28M | 51.12M | 98.47M | 114.11M | 4.62M | 8.76B |
| Capital Lease Obligations | 0 | 0 | 0 | 10.81M | 13.08M | 9.6M | 0 |
| Deferred Tax Liabilities | 0 | 338K | 14.91M | 732K | 804K | 860K | 0 |
| Other Non-Current Liabilities | 1.57M | 4.26M | 22.48M | 2.19M | 6.22M | 15.1M | 17.02B |
| Total Liabilities | 65.55M | 93.16M | 114.06M | 164.85M | 201.48M | 205.26M | 98.06B |
| Total Debt | 57.4M | 75.28M | 51.12M | 111.62M | 130.7M | 111.41M | 8.76B |
| Net Debt | 33.53M | 59.7M | -58.13M | 64.43M | 101.56M | 92.21M | -16.06B |
| Debt / Equity | - | - | 0.27x | 1.22x | 3.46x | - | 0.08x |
| Debt / EBITDA | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - |
| Interest Coverage | - | -3.84x | -5.94x | -5.65x | -3.09x | -2.85x | -11.71x |
| Total Equity | -18.66M▲ 0% | -48.74M▼ 161.2% | 190.21M▲ 490.3% | 91.13M▼ 52.1% | 37.78M▼ 58.5% | -11.69M▼ 130.9% | 112.93B▲ 966370.2% |
| Equity Growth % | - | -161.25% | 490.28% | -52.09% | -58.54% | -130.93% | 966370.21% |
| Book Value per Share | -14.48 | -22.07 | 24.49 | 5.21 | 1.93 | -0.48 | 3.53 |
| Total Shareholders' Equity | -18.66M | -48.74M | 190.21M | 91.13M | 37.78M | -11.69M | 112.93M |
| Common Stock | 1K | 2K | 15K | 2K | 2K | 3K | 3K |
| Retained Earnings | -178.64M | -211.15M | -249.24M | -357.73M | -435.29M | -538.1M | -487.34M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -628K | -982K | 732K | -6.91M | -4.56M | -9.77M | -5.43M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Spire Global, Inc. (SPIR) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -17.05M | -14.77M | -57.99M | -47.82M | -36.31M | -18.45M | -68.92M |
| Operating CF Margin % | -92.23% | -51.85% | -133.69% | -67.57% | -37.2% | -16.71% | -96.32% |
| Operating CF Growth % | - | 13.38% | -292.51% | 17.53% | 24.08% | 49.18% | -273.49% |
| Net Income | -32.32M | -32.5M | -38.09M | -89.41M | -77.56M | -102.82M | 51.3B |
| Depreciation & Amortization | 10.04M | 5.55M | 8.51M | 20.68M | 21.16M | 26.57M | 15.49B |
| Stock-Based Compensation | 1.89M | 2.16M | 11.63M | 11.49M | 12.98M | 21.85M | 18.7B |
| Deferred Taxes | -1.26M | 133K | 497K | 23K | 0 | 0 | 0 |
| Other Non-Cash Items | 5.37M | 5.9M | -38.3M | -3.34M | 4.32M | 14.71M | -85.58B |
| Working Capital Changes | -770K | 3.99M | -2.23M | 12.73M | 2.79M | 21.23M | 13.73M |
| Change in Receivables | -627K | -1.49M | -5.01M | -4.89M | 2.5M | -1.92M | 8.07M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 1.11M | 2.29M | -1.81M | 1.37M | 2.65M | 1.61M |
| Cash from Investing | -9.42M | -10.41M | -119.48M | -41.83M | -4.97M | -14.23M | 151.19M |
| Capital Expenditures | -9.34M | -10.31M | -15.42M | -18.91M | -17.35M | -26.58M | -32.78B |
| CapEx % of Revenue | 50.53% | 36.2% | 35.55% | 26.73% | 17.78% | 24.07% | 45806.6% |
| Acquisitions | 0 | 0 | -103.89M | 22.91M | 0 | 0 | 238.95M |
| Investments | - | - | - | - | - | - | - |
| Other Investing | -73K | -101K | -166K | -22.91M | 0 | 0 | 50.37B |
| Cash from Financing | 40.49M | 16.62M | 270.53M | 26.37M | 23.91M | 19M | -65.81M |
| Debt Issued (Net) | 40.83M | 17.36M | 60.89M | 29.46M | 15.39M | -20.11M | -105.74M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -346K | -733K | 209.65M | -4.52M | 655K | 1.23M | 0 |
| Net Change in Cash | 13.36M▲ 0% | -8.54M▼ 164.0% | 93.66M▲ 1196.1% | -62.08M▼ 166.3% | -17.94M▲ 71.1% | -9.95M▲ 44.5% | 5.61M▲ 156.4% |
| Free Cash Flow | -26.4M▲ 0% | -25.19M▲ 4.6% | -73.57M▼ 192.1% | -66.73M▲ 9.3% | -53.66M▲ 19.6% | -45.03M▲ 16.1% | -92.61B▼ 205533.5% |
| FCF Margin % | -142.77% | -88.41% | -169.62% | -94.3% | -54.97% | -40.77% | -129421.55% |
| FCF Growth % | - | 4.59% | -192.1% | 9.29% | 19.59% | 16.07% | -205533.52% |
| FCF per Share | -20.49 | -11.41 | -9.47 | -3.82 | -2.74 | -1.86 | -2.90 |
| FCF Conversion (FCF/Net Income) | 0.53x | 0.45x | 1.52x | 0.48x | 0.47x | 0.18x | -1.34x |
| Interest Paid | 0 | 1.5M | 3.13M | 9.44M | 16.16M | 14.15M | 0 |
| Taxes Paid | 0 | 0 | 173K | 210K | 47K | 210K | 0 |
Spire Global, Inc. (SPIR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -53.85% | -70.39% | -120.32% | -787.97% | 0.09% |
| Return on Invested Capital (ROIC) | -148.47% | -150.97% | -71.12% | -41.13% | -29.9% | -39.54% | -0.13% |
| Gross Margin | 19.56% | 63.9% | 56.84% | 24.22% | 39.53% | 36.12% | 40.76% |
| Net Margin | -174.78% | -114.09% | -87.82% | -139.91% | -79.46% | -93.09% | 71.7% |
| Debt / Equity | - | - | 0.27x | 1.22x | 3.46x | - | 0.08x |
| Interest Coverage | - | -3.84x | -5.94x | -5.65x | -3.09x | -2.85x | -11.71x |
| FCF Conversion | 0.53x | 0.45x | 1.52x | 0.48x | 0.47x | 0.18x | -1.34x |
| Revenue Growth | - | 54.07% | 52.25% | 63.15% | 37.93% | 13.15% | -35.22% |
Spire Global, Inc. (SPIR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 10, 2026·SEC
Mar 18, 2026·SEC
Mar 11, 2026·SEC
Spire Global, Inc. (SPIR) stock FAQ — growth, dividends, profitability & financials explained
Spire Global, Inc. (SPIR) reported $71.6M in revenue for fiscal year 2025. This represents a 287% increase from $18.5M in 2019.
Spire Global, Inc. (SPIR) saw revenue decline by 35.2% over the past year.
Spire Global, Inc. (SPIR) reported a net loss of $25.02B for fiscal year 2025.
Spire Global, Inc. (SPIR) has a return on equity (ROE) of 0.1%. This is below average, suggesting room for improvement.
Spire Global, Inc. (SPIR) had negative free cash flow of $16.24B in fiscal year 2025, likely due to heavy capital investments.
Spire Global, Inc. (SPIR) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates