NYSE : SPIR
Spire Global, Inc. — Financial statements
Industrials · Specialty Business Services · United States
Last price 8.87 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 346.95M
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Financial statements
Spire Global, Inc. (SPIR) reported revenue of 62.38M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 62.38M | 71.55M | 110.45M | 97.61M | 70.77M | 43.38M |
| Cost of Revenue | 38.74M | 42.29M | 70.58M | 59.02M | 53.63M | 18.72M |
| Gross Profit | 23.64M | 29.26M | 39.88M | 38.59M | 17.14M | 24.66M |
| Selling, General & Admin | 71.68M | 77.84M | 72.44M | 67.75M | 73.39M | 54.27M |
| Research & Development | 34.10M | 36.07M | 29.24M | 27.65M | 22.07M | 31.61M |
| Operating Expenses | 105.78M | 113.92M | 101.68M | 95.40M | 95.47M | 85.89M |
| Operating Income | -82.14M | -84.65M | -61.80M | -56.81M | -78.33M | -61.23M |
| Interest Expense | -2.00K | -7.42M | -20.36M | -19.04M | -13.96M | -11.42M |
| Interest & Investment Income | 3.03M | 2.44M | 1.55M | 2.33M | 948.00K | 23.00K |
| Currency Exchange Gain (Loss) | -2.41M | 10.58M | -4.31M | 1.52M | -900.00K | -1.90M |
| Other Non Operating Income (Expenses) | -869.00K | 1.74M | -8.96M | -3.87M | 6.96M | -1.38M |
| EBT Excluding Unusual Items | -82.40M | -77.31M | -93.89M | -75.86M | -85.27M | -75.90M |
| Merger & Restructuring Charges | -2.20M | -2.20M | -6.59M | |||
| Gain (Loss) on Sale of Assets | 154.31M | |||||
| Asset Writedown | -200.00K | -200.00K | -600.00K | -72.00K | -91.00K | |
| Other Unusual Items | -3.65M | -19.68M | -8.71M | -1.84M | -13.38M | 44.99M |
| Pretax Income | -88.45M | 54.92M | -103.20M | -77.70M | -98.73M | -37.59M |
| Income Tax Expense | 2.13M | 3.61M | 159.00K | -142.00K | 285.00K | 497.00K |
| Net Income | -90.58M | 51.30M | -103.36M | -77.56M | -99.01M | -38.09M |
| Net Income to Common | -90.34M | 51.30M | -103.36M | -77.56M | -99.01M | -38.09M |
| Shares Outstanding (Basic) | 34.26M | 30.91M | 24.16M | 19.58M | 17.48M | 7.77M |
| Shares Outstanding (Diluted) | 34.26M | 31.95M | 24.16M | 19.58M | 17.48M | 7.77M |
| EPS (Basic) | -2.64 | 1.66 | -4.28 | -3.96 | -5.66 | -4.90 |
| EPS (Diluted) | -2.64 | 1.49 | -4.28 | -3.96 | -5.66 | -4.90 |
| Free Cash Flow | -99.60M | -92.61M | -45.03M | -53.66M | -66.73M | -73.41M |
| Free Cash Flow Per Share | -2.91 | -2.90 | -1.86 | -2.74 | -3.82 | -9.45 |
| Gross Margin | 37.90% | 40.90% | 36.10% | 39.53% | 24.22% | 56.84% |
| Operating Margin | -131.68% | -118.31% | -55.95% | -58.20% | -110.68% | -141.18% |
| Profit Margin | -144.83% | 71.70% | -93.58% | -79.45% | -139.91% | -87.82% |
| Free Cash Flow Margin | -159.67% | -129.42% | -40.77% | -54.97% | -94.30% | -169.24% |
| EBITDA | -69.59M | -72.25M | -40.07M | -38.59M | -59.98M | -52.06M |
| EBITDA Margin | -111.56% | -100.97% | -36.28% | -39.53% | -84.76% | -120.02% |
| D&A For EBITDA | 12.55M | 12.40M | 21.73M | 18.23M | 18.34M | 9.18M |
| EBIT | -82.14M | -84.65M | -61.80M | -56.81M | -78.33M | -61.23M |
| EBIT Margin | -131.68% | -118.31% | -55.95% | -58.20% | -110.68% | -141.18% |
| Effective Tax Rate | 6.58% | |||||
| Advertising Expenses | 300.00K | 600.00K | 1.10M | 933.00K | 797.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 38.81M | 24.81M | 19.21M | 29.14M | 47.20M | 109.26M |
| Short-Term Investments | 52.86M | 56.97M | 11.73M | 23.08M | ||
| Cash & Short-Term Investments | 91.67M | 81.78M | 19.21M | 40.86M | 70.28M | 109.26M |
| Accounts Receivable | 11.02M | 5.96M | 12.71M | 14.63M | 16.75M | 12.25M |
| Other Receivables | 4.44M | 2.55M | 648.00K | 1.48M | 1.12M | 1.40M |
| Receivables | 15.47M | 8.51M | 13.36M | 19.45M | 17.87M | 13.64M |
| Prepaid Expenses | 181.00K | 872.00K | 1.08M | 487.00K | 2.59M | 4.43M |
| Other Current Assets | 2.47M | 2.61M | 58.52M | 11.54M | 3.44M | 4.25M |
| Total Current Assets | 109.79M | 93.77M | 92.16M | 72.34M | 94.18M | 131.57M |
| Property, Plant & Equipment | 93.02M | 91.60M | 74.41M | 75.37M | 67.51M | 48.70M |
| Goodwill | 14.88M | 15.45M | 14.73M | 51.16M | 49.95M | 53.63M |
| Other Intangible Assets | 8.00M | 9.08M | 10.16M | 32.02M | 34.78M | 44.15M |
| Long-Term Deferred Charges | 451.00K | |||||
| Other Long-Term Assets | 979.00K | 1.08M | 2.11M | 8.38M | 9.11M | 12.14M |
| Total Assets | 226.66M | 210.99M | 193.57M | 239.26M | 255.99M | 290.19M |
| Accounts Payable | 12.38M | 14.87M | 11.59M | 8.01M | 4.80M | 5.82M |
| Accrued Expenses | 8.93M | 11.25M | 8.88M | 4.52M | 7.55M | 8.34M |
| Current Portion of Long-Term Debt | 93.94M | |||||
| Current Portion of Leases | 2.90M | 4.64M | 3.26M | 3.51M | 2.33M | |
| Current Income Taxes Payable | 268.00K | 1.28M | 120.00K | 285.00K | 971.00K | 195.00K |
| Current Unearned Revenue | 32.62M | 35.16M | 22.04M | 31.18M | 20.52M | 8.63M |
| Other Current Liabilities | 1.55M | 5.09M | 11.77M | 1.84M | 2.12M | 1.94M |
| Total Current Liabilities | 58.65M | 72.29M | 151.59M | 49.34M | 38.30M | 24.92M |
| Long-Term Debt | 4.62M | 114.11M | 98.47M | 51.12M | ||
| Long-Term Leases | 6.79M | 8.76M | 9.60M | 13.08M | 10.81M | |
| Long-Term Unearned Revenue | 13.87M | 14.21M | 23.49M | 17.92M | 14.35M | 628.00K |
| Long-Term Deferred Tax Liabilities | 804.00K | 732.00K | 835.00K | |||
| Other Long-Term Liabilities | 3.06M | 2.81M | 15.96M | 6.22M | 2.19M | 22.48M |
| Total Liabilities | 82.38M | 98.06M | 205.26M | 201.48M | 164.85M | 99.99M |
| Common Stock | 4.00K | 3.00K | 3.00K | 2.00K | 2.00K | 15.00K |
| Additional Paid-In Capital | 683.09M | 605.70M | 536.73M | 477.62M | 455.76M | 438.70M |
| Retained Earnings | -533.15M | -487.34M | -538.64M | -435.29M | -357.73M | -249.24M |
| Comprehensive Income & Other | -5.66M | -5.43M | -9.77M | -4.56M | -6.91M | 732.00K |
| Total Common Equity | 144.28M | 112.93M | -11.69M | 37.78M | 91.13M | 190.21M |
| Shareholders' Equity | 144.28M | 112.93M | -11.69M | 37.78M | 91.13M | 190.21M |
| Total Liabilities & Equity | 226.66M | 210.99M | 193.57M | 239.26M | 255.99M | 290.19M |
| Total Debt | 9.69M | 13.40M | 111.41M | 130.70M | 111.62M | 51.12M |
| Net Cash (Debt) | 81.98M | 68.39M | -92.21M | -89.84M | -41.34M | 58.13M |
| Net Cash Per Share | 2.39 | 2.14 | -3.82 | -4.59 | -2.36 | 7.48 |
| Filing Date Shares Outstanding | 39.12M | 33.50M | 30.97M | 22.13M | 18.00M | 17.43M |
| Total Common Shares Outstanding | 39.11M | 33.11M | 25.71M | 21.10M | 17.96M | 17.39M |
| Working Capital | 51.13M | 21.48M | -59.44M | 22.99M | 55.88M | 106.65M |
| Book Value Per Share | 3.69 | 3.41 | -0.45 | 1.79 | 5.07 | 10.94 |
| Tangible Book Value | 121.41M | 88.40M | -36.58M | -45.39M | 6.40M | 92.43M |
| Tangible Book Value Per Share | 3.10 | 2.67 | -1.42 | -2.15 | 0.36 | 5.32 |
| Machinery | 76.94M | 68.23M | 55.66M | 74.39M | 64.97M | 62.96M |
| Construction In Progress | 27.89M | 30.69M | 27.62M | 16.48M | 17.43M | 11.48M |
| Leasehold Improvements | 6.96M | 6.08M | 5.71M | 5.80M | 4.17M | 1.75M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -90.58M | 51.30M | -103.36M | -77.56M | -99.01M | -38.09M |
| Depreciation & Amortization | 15.62M | 15.49M | 26.57M | 21.16M | 20.68M | 9.18M |
| Other Amortization | 2.34M | 3.78M | 3.88M | |||
| Loss (Gain) From Sale of Assets | -154.31M | |||||
| Asset Writedown & Restructuring Costs | 91.00K | |||||
| Stock-Based Compensation | 14.58M | 18.70M | 19.99M | 12.98M | 11.49M | 11.63M |
| Other Operating Activities | 2.87M | -4.75M | 17.11M | 1.99M | 4.58M | -42.44M |
| Change in Accounts Receivable | -1.57M | 8.07M | -1.92M | 2.50M | -4.89M | -5.01M |
| Change in Accounts Payable | 3.50M | 1.61M | 2.65M | 1.37M | -1.81M | 2.29M |
| Change in Unearned Revenue | -2.13M | 2.90M | 2.75M | 13.69M | 16.62M | 161.00K |
| Change in Other Net Operating Assets | -8.20M | 1.16M | 17.75M | -14.77M | 2.81M | 324.00K |
| Operating Cash Flow | -65.91M | -59.83M | -18.45M | -36.31M | -45.74M | -57.99M |
| Capital Expenditures | -33.69M | -32.78M | -26.58M | -17.35M | -20.99M | -15.42M |
| Cash Acquisitions | -103.89M | |||||
| Divestitures | 238.95M | |||||
| Sale (Purchase) of Intangibles | -166.00K | |||||
| Investment in Securities | 31.14M | -54.98M | 12.35M | 12.38M | -22.91M | |
| Investing Cash Flow | -2.55M | 151.19M | -14.23M | -4.97M | -43.91M | -119.48M |
| Long-Term Debt Issued | 19.89M | 100.97M | 90.52M | |||
| Long-Term Debt Repaid | -105.74M | -20.11M | -4.50M | -71.51M | -29.63M | |
| Net Debt Issued (Repaid) | -105.74M | -20.11M | 15.39M | 29.46M | 60.89M | |
| Issuance of Common Stock | 71.56M | 39.93M | 39.11M | 8.60M | 1.43M | 1.29M |
| Other Financing Activities | -9.09M | -75.00K | -4.52M | 208.36M | ||
| Financing Cash Flow | 71.56M | -74.90M | 19.00M | 23.91M | 26.37M | 270.53M |
| Foreign Exchange Rate Adjustments | -412.00K | -10.75M | 3.74M | -568.00K | 1.20M | 590.00K |
| Net Cash Flow | 2.69M | 5.71M | -9.95M | -17.94M | -62.08M | 93.66M |
| Free Cash Flow | -99.60M | -92.61M | -45.03M | -53.66M | -66.73M | -73.41M |
| Free Cash Flow Margin | -159.67% | -129.42% | -40.77% | -54.97% | -94.30% | -169.24% |
| Free Cash Flow Per Share | -2.91 | -2.90 | -1.86 | -2.74 | -3.82 | -9.45 |
| Levered Free Cash Flow | -52.57M | 18.08M | -64.29M | -25.99M | -33.25M | -40.29M |
| Unlevered Free Cash Flow | -52.56M | 22.72M | -51.56M | -16.43M | -28.31M | -37.03M |
| Cash Interest Paid | 6.92M | 14.15M | 16.16M | 9.44M | 3.13M | |
| Cash Income Tax Paid | 2.22M | 997.00K | 210.00K | 47.00K | 210.00K | 173.00K |
| Change in Working Capital | -8.40M | 13.73M | 21.23M | 2.79M | 12.73M | -2.23M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 334.04M | 248.25M | 342.15M | 163.07M | 134.41M | 470.03M |
| Enterprise Value | 252.06M | 164.03M | 409.09M | 246.57M | 160.15M | 269.48M |
| Last Close Price | 8.54 | 7.50 | 14.07 | 7.82 | 7.68 | 27.04 |
| PE Ratio | 4.84 | |||||
| Forward PE | 157.19 | |||||
| PS Ratio | 5.36 | 3.47 | 3.10 | 1.67 | 1.90 | 10.84 |
| PB Ratio | 2.31 | 2.20 | -29.28 | 4.32 | 1.48 | 2.47 |
| P/TBV Ratio | 2.75 | 2.81 | 21.02 | 5.08 | ||
| EV/Sales Ratio | 4.04 | 2.29 | 3.70 | 2.53 | 2.26 | 6.21 |
| Debt / Equity Ratio | 0.07 | 0.12 | -9.53 | 3.46 | 1.23 | 0.27 |
| Net Debt / Equity Ratio | -0.57 | -0.61 | -7.89 | 2.38 | 0.45 | -0.31 |
| Net Debt / EBITDA Ratio | 1.18 | 0.95 | -2.30 | -2.33 | -0.69 | 1.12 |
| Net Debt / FCF Ratio | 0.82 | 0.74 | -2.05 | -1.67 | -0.62 | 0.79 |
| Asset Turnover | 0.27 | 0.35 | 0.51 | 0.39 | 0.26 | 0.26 |
| Quick Ratio | 1.83 | 1.25 | 0.21 | 1.15 | 2.30 | 4.93 |
| Current Ratio | 1.87 | 1.30 | 0.61 | 1.47 | 2.46 | 5.28 |
| Return on Equity (ROE) | -61.72% | 101.35% | -792.11% | -120.32% | -70.39% | -53.85% |
| Return on Assets (ROA) | -22.02% | -26.16% | -17.85% | -14.34% | -17.93% | -22.88% |
| Return on Invested Capital (ROIC) | -141.84% | -182.81% | -72.88% | -43.69% | -59.21% | -75.04% |
| Return on Capital Employed (ROCE) | -48.90% | -61.00% | -147.20% | -29.90% | -36.00% | -23.10% |
| Earnings Yield | -30.92% | 20.67% | -30.21% | -47.56% | -73.66% | -8.10% |
| FCF Yield | -29.82% | -37.30% | -13.16% | -32.91% | -49.65% | -15.62% |
| Buyback Yield / Dilution | -23.20% | -32.25% | -23.39% | -11.98% | -125.11% | -252.84% |