Spire Global (SPIR) Financial Statements & Analysis

Spire Global (SPIR) Income Statement

Spire Global reported revenue of $71.55M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 35.2% from $110.45M a year earlier. Net income was $51.30M, a net margin of 71.7%. Gross margin was 40.8% and operating margin -134.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $18.05M, down 5.9% from the same quarter a year earlier.

Spire Global Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Spire Global, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	71.55	110.45	110.45	97.61	70.77	43.38	28.49	18.49
Cost of Revenue	42.29	70.56	70.58	59.02	53.63	18.72	10.29	14.87
Gross Profit	29.16	39.89	39.88	38.59	17.14	24.66	18.21	3.62
Operating Expenses
Research & Development	36.07	29.19	29.24	27.65	22.07	31.62	20.75	15.07
Selling, General & Administrative	77.84	71.96	72.44	67.75	73.39	60.87	22.80	15.62
Operating Expenses	125.14	97.84	105.70	97.37	96.02	92.48	44.22	33.06
Operating Income	-95.98	-57.95	-65.83	-58.78	-78.88	-67.83	-26.01	-29.45
Other Income/Expense
Interest Income	2.44	1.55	1.55	2.33	0.95	0.02	0.05	3.13
Interest Expense	7.42	20.36	20.36	19.04	13.96	11.42	6.77	0.00
Other Income/Expense	150.90	-44.71	-18.56	-18.92	-19.85	41.63	-6.09	-2.54
Income
Income Before Tax	54.92	-102.66	-103.20	-77.70	-98.73	-37.59	-32.10	-31.99
Income Tax Expense	3.61	0.16	0.16	-0.14	0.29	0.50	0.40	0.33
Net Income	51.31	-102.82	-103.36	-77.56	-99.01	-38.09	-32.50	-32.32
Net Income - Continuous Operations	51.31	-102.82	-103.36	-77.56	-99.01	-38.09	-32.50	-32.32
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	-72.25	-55.73	-56.27	-37.51	-64.09	-17.67	-19.79	-17.04
EBIT	-84.65	-	-82.84	-58.66	-84.77	-26.18	-25.35	-
Depreciation & Amortization	15.49	26.57	26.57	21.16	20.69	8.51	5.55	10.04
Earnings Per Share
Basic EPS	2.00	-4.00	-4.00	-4.00	-6.00	-2.00	-15.00	-25.00
Diluted EPS	1.00	-4.00	-4.00	-4.00	-6.00	-2.00	-15.00	-25.00
Basic Shares Outstanding	30.91	24.16	24.16	19.58	17.48	7.77	2.21	1.29
Diluted Shares Outstanding	31.95	24.16	24.16	19.58	17.48	7.77	2.21	1.29

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Spire Global Financial Statements

What was Spire Global's revenue in fiscal 2025?

Spire Global reported revenue of $71.55M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 35.2% from $110.45M a year earlier.

Is Spire Global profitable?

Yes. Spire Global earned net income of $51.30M in fiscal 2025, a net margin of 71.7%. In fiscal 2024 it lost $102.82M.

What is Spire Global's operating margin?

Spire Global's operating income was −$95.98M on revenue of $71.55M in fiscal 2025, an operating margin of -134.1%, compared with -52.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition