Loading…
Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Space Reconnaissance service, a mission-critical insights support defense, intelligence, and national security operations; Aviation service, a satellite-based aircraft tracking data to power applications; Weather and Climate, a space-based data, AI-powered insights, and predictive weather analytics; and Space Services solutions includes space-as-a- service, which delivers and develops infrastructure, including ground station network and cloud infrastructure to access spaces. It serves government, logistics, operations, insurance, energy, agriculture, and financial industries. The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. was founded in 2012 and is headquartered in Vienna, Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $72M | $78M | $51M | $-93M | 45.4% | -35.2% | - |
| 2024 | $110M | $-56M | $-103M | $-45M | 884.4% | 13.2% | - |
| 2023 | $98M | $-38M | $-78M | $-54M | -205.3% | 37.9% | - |
| 2022 | $71M | $-64M | $-99M | $-67M | -108.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 70.77 | 97.61 | 110.45 | 71.55 |
| Cost Of Revenue | 53.63 | 59.02 | 70.58 | 42.39 |
| Gross Profit | 17.14 | 38.59 | 39.88 | 29.16 |
| Operating Expense | 95.47 | 96.62 | 105.70 | 116.02 |
| Operating Income | -78.33 | -58.03 | -65.83 | -86.85 |
| EBITDA | -64.09 | -37.51 | -56.27 | 77.82 |
| EBIT | -84.77 | -58.66 | -82.84 | 62.33 |
| Pretax Income | -98.73 | -77.70 | -103.20 | 54.92 |
| Tax Provision | 0.28 | -0.14 | 0.16 | 3.61 |
| Net Income | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income Common Stockholders | -99.01 | -77.56 | -103.36 | 51.30 |
| Total Expenses | 149.09 | 155.65 | 176.28 | 158.41 |
| Interest Expense | 13.96 | 19.04 | 20.36 | 7.42 |
| Interest Income | 0.95 | 2.33 | 1.55 | 2.44 |
| Research And Development | 22.07 | 27.65 | 29.24 | 36.67 |
| Selling General And Administration | 73.39 | 67.75 | 72.44 | 79.34 |
| Normalized EBITDA | -59.46 | -36.82 | -39.62 | -70.58 |
| Normalized Income | -95.36 | -76.87 | -90.21 | -87.30 |
| Basic EPS | -5.66 | -3.96 | -4.28 | 1.66 |
| Diluted EPS | -5.66 | -3.96 | -4.28 | 1.49 |
| Tax Effect Of Unusual Items | -0.97 | 0 | -3.50 | 9.79 |
| Tax Rate For Calcs | 0.21 | 0 | 0.21 | 0.07 |
| Total Unusual Items | -4.62 | -0.69 | -16.65 | 148.40 |
| Total Unusual Items Excluding Goodwill | -4.62 | -0.69 | -16.65 | 148.40 |
| Net Income From Continuing Operation Net Minority Interest | -99.01 | -77.56 | -103.36 | 51.30 |
| Reconciled Depreciation | 20.68 | 21.16 | 26.57 | 15.49 |
| Reconciled Cost Of Revenue | 53.63 | 59.02 | 70.58 | 42.39 |
| Net Interest Income | -13.01 | -16.70 | -18.81 | -4.98 |
| Net Income From Continuing And Discontinued Operation | -99.01 | -77.56 | -103.36 | 51.30 |
| Total Operating Income As Reported | -78.88 | -58.78 | -69.28 | -95.98 |
| Diluted Average Shares | 17.48 | 19.58 | 24.16 | 31.95 |
| Basic Average Shares | 17.48 | 19.58 | 24.16 | 30.91 |
| Diluted NI Availto Com Stockholders | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income Including Noncontrolling Interests | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income Continuous Operations | -99.01 | -77.56 | -103.36 | 51.30 |
| Other Income Expense | -7.39 | -2.96 | -18.56 | 146.75 |
| Other Non Operating Income Expenses | -2.77 | -2.27 | -1.91 | -1.65 |
| Special Income Charges | -13.38 | -0.62 | -4.68 | 134.62 |
| Gain On Sale Of Business | 0 | 0 | 0 | 154.31 |
| Other Special Charges | 23.06 | 0.75 | 3.45 | 21.14 |
| Restructuring And Mergern Acquisition | -9.68 | -0.13 | 1.24 | -1.46 |
| Gain On Sale Of Security | 8.76 | -0.07 | -11.97 | 13.78 |
| Net Non Operating Interest Income Expense | -13.01 | -16.70 | -18.81 | -4.98 |
| Interest Expense Non Operating | 13.96 | 19.04 | 20.36 | 7.42 |
| Interest Income Non Operating | 0.95 | 2.33 | 1.55 | 2.44 |
| Provision For Doubtful Accounts | 0 | 1.22 | 4.03 | 0 |
| Selling And Marketing Expense | 28.50 | 25.75 | 22.70 | 15.33 |
| General And Administrative Expense | 44.89 | 42 | 49.74 | 64.01 |
| Other Gand A | 44.89 | 42 | 49.74 | 64.01 |
| Operating Revenue | 70.77 | 97.61 | 110.45 | 71.55 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Spire Global, Inc.this co. | SPIR | $609M | 10.61↓ discount | 4.64 | 45.4% | -6.38 |
| Safe Bulkers, Inc. | SB | $675M | 22.00 | 0.81 | 4.6% | 8.44 |
| FTAI Infrastructure Inc. | FIP | $670M | - | 30.98 | -1673.3% | 32.46 |
| Himalaya Shipping Ltd. | HSHP | $644M | 36.11 | 3.96 | 10.9% | 13.33 |
| Universal Logistics Holdings, Inc. | ULH | $635M |
| - |
| 1.17 |
| -18.5% |
| 7.61 |
| Kimball Electronics, Inc. | KE | $634M | 26.85 | 1.09 | 3.0% | 7.32 |
| Cass Information Systems, Inc. | CASS | $598M | 19.90 | 2.47 | 14.5% | 8.02 |
| Mistras Group, Inc. | MG | $588M | 34.89 | 2.48 | 7.1% | 9.91 |
| Energy Recovery, Inc. | ERII | $565M | 25.48 | 2.74 | 11.1% | 17.64 |
| Peer Median | - | 26.16 | 2.48 | 5.9% | 9.18 | |