6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 20.2% per year over the past 5 years.
Operating margin has contracted, at -134.1% in the latest year.
Financial health
Total debt has grown faster than revenue (40.2% vs 20.2% per year).
Operating income covered interest expense -12.9× in the latest year, down from -3.8× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$72M
$51M
40.8%
-134.1%
-$93M
—
$25M
2024
$110M
-$103M
36.1%
-62.7%
-$45M
$103M
$19M
2023
$98M
-$78M
39.5%
-60.2%
-$54M
$123M
$29M
2022
$71M
-$99M
24.2%
-111.5%
-$67M
$98M
$47M
2021
$43M
-$38M
56.8%
-156.4%
-$73M
$51M
$109M
2020
$28M
-$33M
63.9%
-91.3%
-$25M
$27M
$16M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$16M
-$26M
39.8%
-155.2%
-$34M
—
$16M
Dec '25
$16M
-$25M
40.6%
-146.1%
-$16M
—
$25M
Sep '25
$13M
-$20M
36.6%
-166.1%
-$20M
—
$20M
Jun '25
$19M
$120M
48.9%
-122.7%
-$39M
—
$36M
Mar '25
$24M
-$24M
36.5%
-118.5%
-$17M
$104M
$36M
Dec '24
$22M
-$49M
32.4%
-144.1%
-$24M
$103M
$19M
Sep '24
$29M
-$12M
44.5%
-48.0%
$5M
$5M
$29M
Jun '24
$25M
-$17M
43.0%
-48.6%
-$10M
$5M
$24M
Mar '24
$35M
-$26M
26.5%
-34.4%
-$16M
$123M
$52M
Dec '23
$24M
-$17M
26.6%
-54.0%
-$2M
$123M
$29M
Sep '23
$22M
-$23M
42.9%
-76.0%
-$16M
$118M
$30M
Jun '23
$28M
-$18M
45.7%
-45.4%
-$19M
$120M
$43M
Mar '23
$24M
-$18M
57.1%
-59.9%
-$16M
$119M
$47M
Dec '22
$22M
-$18M
52.2%
-72.9%
-$8M
$98M
$47M
Sep '22
$20M
-$22M
50.1%
-80.1%
-$14M
$97M
$59M
Jun '22
$19M
-$38M
50.6%
-84.6%
-$26M
$97M
$73M
Mar '22
$18M
-$12M
45.5%
-110.8%
-$19M
$53M
$92M
Dec '21
$15M
$65M
57.8%
-160.4%
-$24M
$51M
$109M
Sep '21
$10M
-$56M
44.2%
-181.7%
-$26M
$45M
$246M
Jun '21
$9M
-$27M
59.1%
-148.9%
-$12M
—
—
Valuation over time
How the market has priced SPIR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 4.9× (Dec '25) to 10.4× (Jun '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 7.4× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is SPIR growing its revenue and profit?
Over the past 5 years, Spire Global, Inc.'s revenue has grown 20.2% per year. These are computed facts, not advice.
How much debt does SPIR have?
As of FY2025, Spire Global, Inc. reported — of total debt against $25M of cash; operating income covered interest expense -12.9×.
What is SPIR's profit margin?
In FY2025, gross margin was 40.8%, operating margin -134.1%, and net margin 71.7%.
What is SPIR's P/E ratio?
As of Jun '26, Spire Global, Inc. traded at a price-to-earnings ratio of about 10.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.