Financials · SPIR

Spire Global Inc. (SPIR) financials

For the twelve months ended Jun 30, 2026, Spire Global Inc. reported $62.38M of revenue and -$90.58M of net income.

Revenue, TTM
$62.38M
Revenue growth, YoY
-33.1%
Net income, TTM
-$90.58M
Net margin
-145.2%
Free cash flow, TTM
-$99.60M
Cash
$38.81M
P/S
5.63
Market cap
$351.4M
Annual revenue$71.55M
FY2020FY2025
Annual net income$51.30M
FY2020FY2025
Annual free cash flow-$92.61M
FY2020FY2025

SPIR revenue and earnings growth

SPIR revenueQ2 2026$18.05M

Quarter YoY
-5.9%
QoQ
+14.0%
FY YoY
-35.2%
5Y CAGR
+20.2%

SPIR revenue was $18.05M in fiscal Q2 2026 (ended Jun 30, 2026), down 5.9% from a year earlier and up 14.0% from the prior quarter. For the full fiscal 2025 it was $71.55M, down 35.2% from fiscal 2024. Compound annual growth was +20.2% over 5 years. It rose in 4 of the last 5 fiscal years.

SPIR net incomeQ2 2026-$19.97M

SPIR net income was -$19.97M in fiscal Q2 2026 (ended Jun 30, 2026), compared with $119.59M a year earlier. For the full fiscal 2025 it was $51.30M, compared with -$103.36M in fiscal 2024. Fiscal 2025 is the highest of the 6 fiscal years on file.

SPIR EPSQ2 2026-$0.52

SPIR diluted EPS was -$0.52 in fiscal Q2 2026 (ended Jun 30, 2026), compared with $3.72 a year earlier. For the full fiscal 2025 it was $1.49, compared with -$4.28 in fiscal 2024.

SPIR free cash flowQ2 2026-$28.82M

SPIR free cash flow was -$28.82M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$38.68M a year earlier. For the full fiscal 2025 it was -$92.61M, compared with -$45.03M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue$71.55M$110.45M$97.61M$70.77M$43.38M$28.49M
Cost of revenue$42.39M$70.58M$59.02M$53.63M$18.72M$10.29M
Gross profit$29.16M$39.88M$38.59M$17.14M$24.66M$18.20M
Research and development$36.67M$29.24M$27.65M$22.07M$31.61M$20.75M
Selling, general and admin$64.01M$49.74M$42.00M$44.89M$40.48M$12.52M
Operating income-$95.98M-$69.28M-$58.78M-$78.88M-$67.83M-$26.01M
Interest expense$7.42M$20.36M$19.04M$13.96M$11.42M$6.77M
Pre-tax income$54.92M-$103.20M-$77.70M-$98.73M-$37.59M-$32.10M
Income tax$3.61M$159.0K-$142.0K$285.0K$497.0K$400.0K
Net income$51.30M-$103.36M-$77.56M-$99.01M-$38.09M-$32.50M
EPS, basic$1.66-$4.28-$3.96-$5.66-$0.61-$1.85
EPS, diluted$1.49-$4.28-$3.96-$5.66-$0.61-$1.85
Diluted shares32.0M24.2M19.6M17.5M62.1M17.6M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Cash and equivalents$24.81M$19.68M$29.63M$47.57M$109.64M$15.99M
Short-term investments$56.97M$0$11.73M$23.08M$0-
Receivables$4.18M$11.93M$9.91M$13.86M$10.16M$3.74M
Current assets$93.77M$92.16M$72.34M$94.18M$131.57M$22.27M
Goodwill$15.45M$14.73M$51.16M$49.95M$53.63M$0
Total assets$210.99M$193.57M$239.26M$255.99M$290.19M$44.42M
Current liabilities$72.29M$151.59M$49.34M$38.30M$24.92M$13.29M
Short-term debt$0$93.94M$0---
Long-term debt-$4.62M$114.11M$98.47M$51.12M$26.64M
Total debt-$98.55M$114.11M$98.47M$51.12M$26.64M
Total liabilities$98.06M$205.26M$201.48M$164.85M$99.99M$93.16M
Shareholders' equity$112.93M-$11.69M$37.78M$91.13M$190.21M-$48.74M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Operating cash flow-$59.83M-$18.45M-$36.31M-$45.74M-$57.99M-$14.77M
Capital expenditures$32.78M$26.58M$17.35M$20.99M$15.42M$10.31M
Free cash flow-$92.61M-$45.03M-$53.66M-$66.73M-$73.41M-$25.09M
Investing cash flow$151.19M-$14.23M-$4.97M-$43.91M-$119.48M-$10.41M
Financing cash flow-$74.90M$19.00M$23.91M$26.37M$270.53M$16.62M
Stock-based compensation$18.70M$19.99M$12.98M$11.49M$11.63M$2.16M
Depreciation and amortization$12.40M$21.73M$18.23M$18.34M$8.51M$5.55M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY-35.2%13.2%37.9%63.2%52.2%-
Gross margin40.8%36.1%39.5%24.2%56.8%63.9%
Operating margin-134.1%-62.7%-60.2%-111.5%-156.4%-91.3%
Net margin71.7%-93.6%-79.5%-139.9%-87.8%-114.1%
Free cash flow margin-129.4%-40.8%-55.0%-94.3%-169.2%-88.1%
Return on equity45.4%--205.3%-108.6%-20.0%-
Return on assets24.3%-53.4%-32.4%-38.7%-13.1%-73.2%
Current ratio1.300.611.472.465.281.68
Debt to equity--3.021.080.27-

Source: XBRL data Spire Global Inc. files with the SEC, latest filing dated Aug 13, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SPIR peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SPIR$62.38M-33.1%-$90.58M-145.2%$351.4M
VZ$139.39B+1.4%$16.42B11.8%$189.35B
TMUS$93.82B+9.3%$11.30B12.0%$171.61B
T$128.85B+3.5%$13.13B10.2%$145.71B
GLW$17.72B+18.8%$2.24B12.6%$91.42B
AMXMXN 943.64B+8.6%MXN 82.82B8.8%$77.40B
LITE$3.74B+103.2%-$6.58B-175.8%$48.85B
CHTNT$236.11B+2.7%NT$38.70B16.4%$38.67B
VOD€40.46B+8.0%-€397.00M-1.0%$36.05B

SPIR FAQ

8 questions
  • What is SPIR revenue?
    Spire Global Inc. (SPIR) reported $62.38M of revenue for the twelve months ended Jun 30, 2026. That is down 33.1% from the year before. Revenue for fiscal 2025 was $71.55M.
  • Is SPIR profitable?
    No. Spire Global Inc. reported a net loss of $90.58M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does SPIR have?
    Spire Global Inc. reported $38.81M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is SPIR revenue growing?
    Spire Global Inc.'s revenue changed -35.2% in fiscal 2025, to $71.55M. Its compound annual growth rate was +20.2% over 5 years.
  • What is SPIR gross margin?
    Spire Global Inc.'s gross profit was $23.54M on $62.38M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 37.7%.
  • What is SPIR free cash flow?
    Spire Global Inc. generated -$99.60M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$65.91M less capital expenditures.
  • When did SPIR last report financial results?
    The latest statements here come from Spire Global Inc.'s 10-Q filed on Aug 13, 2026, covering the period ended Jun 30, 2026.
  • Where does this SPIR financial data come from?
    Quantisnow builds these statements from the structured XBRL data Spire Global Inc. files with the SEC. It is provided for information only and is not investment advice.