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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% | -149.6% |
| 2024 | $110M | $-56M | $-103M | $-45M | 884.4% | 13.2% | 33.3% |
| 2023 | $98M | $-38M | $-78M | $-54M | -205.3% | 37.9% | -21.7% |
| 2022 | $71M | $-64M | $-99M | $-67M | -108.6% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 70.77 | 97.61 | 110.45 | 71.55 |
| Operating 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 |
| Research And Development | - | 22.07 | 27.65 | 29.24 | 36.67 |
| Selling General And Administration | - | 73.39 | 67.75 | 72.44 | 79.34 |
| Total Expenses | - | 149.09 | 155.65 | 176.28 | 158.40 |
| Operating Income | - | -78.33 | -58.03 | -65.83 | -86.85 |
| Total Operating Income As Reported | - | -78.88 | -58.78 | -69.28 | -95.98 |
| EBITDA | - | -64.09 | -37.51 | -56.27 | 77.82 |
| Normalized EBITDA | - | -59.46 | -36.82 | -39.62 | -70.58 |
| EBIT | - | -84.77 | -58.66 | -82.84 | 62.33 |
| Interest Income | - | 0.95 | 2.33 | 1.55 | 2.44 |
| Interest Expense | - | 13.96 | 19.04 | 20.36 | 7.42 |
| Net Interest Income | - | -13.01 | -16.70 | -18.81 | -4.98 |
| Other Non Operating Income Expenses | - | -2.77 | -2.27 | -1.91 | -1.65 |
| Other Income Expense | - | -7.39 | -2.96 | -18.56 | 146.75 |
| Interest Income Non Operating | - | 0.95 | 2.33 | 1.55 | 2.44 |
| Interest Expense Non Operating | - | 13.96 | 19.04 | 20.36 | 7.42 |
| Net Non Operating Interest Income Expense | - | -13.01 | -16.70 | -18.81 | -4.98 |
| Pretax Income | - | -98.73 | -77.70 | -103.20 | 54.92 |
| Tax Provision | - | 0.28 | -0.14 | 0.16 | 3.61 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.97 | 0 | -3.50 | 9.79 |
| Net Income Continuous Operations | - | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income From Continuing And Discontinued Operation | - | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income From Continuing Operation Net Minority Interest | - | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income | - | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income Common Stockholders | - | -99.01 | -77.56 | -103.36 | 51.30 |
| Net Income Including Noncontrolling Interests | - | -99.01 | -77.56 | -103.36 | 51.30 |
| Normalized Income | - | -95.36 | -76.87 | -90.21 | -87.30 |
| Diluted NI Availto Com Stockholders | - | -99.01 | -77.56 | -103.36 | 51.30 |
| Basic Average Shares | - | 17.48 | 19.58 | 24.16 | 30.91 |
| Diluted Average Shares | - | 17.48 | 19.58 | 24.16 | 31.95 |
| Reconciled Depreciation | - | 20.68 | 21.16 | 26.57 | 15.49 |
| Reconciled Cost Of Revenue | - | 53.63 | 59.02 | 70.58 | 42.39 |
| Total Unusual Items | - | -4.62 | -0.69 | -16.65 | 148.40 |
| Total Unusual Items Excluding Goodwill | - | -4.62 | -0.69 | -16.65 | 148.40 |
| Special Income Charges | - | -13.38 | -0.62 | -4.68 | 134.62 |
| Gain On Sale Of Business | - | - | - | 0 | 154.30 |
| 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 |
| General And Administrative Expense | - | 44.89 | 42 | 49.74 | 64.01 |
| Other Gand A | - | 44.89 | 42 | 49.74 | 64.01 |
| Provision For Doubtful Accounts | - | 0 | 1.22 | 4.03 | 0 |
| Selling And Marketing Expense | - | 28.50 | 25.75 | 22.70 | 15.33 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Spire Global, Inc.this co. | SPIR | $776M | 15.12↑ premium | 6.87 | 45.4% | 9.09 |
| Quanex Building Products Corporation | NX | $818M | -3.26 | 1.13 | -34.5% | -19.15 |
| Cryoport, Inc. | CYRX | $815M | 10.40 | 1.77 | 17.0% | -378.98 |
| Compass Diversified | CODI | $803M | -3.55 | -22.42 | 632.3% | 164.90 |
| Montrose Environmental Group, Inc. | MEG | $801M |
| - |
| - |
| - |
| - |
| - |
| -949.94 |
| 1.77 |
| -0.2% |
| 14.06 |
| Barrett Business Services, Inc. | BBSI | $798M | 14.66 | 3.31 | 22.6% | 8.34 |
| Apogee Enterprises, Inc. | APOG | $798M | 14.74 | 1.56 | 10.6% | 7.39 |
| Matthews International Corporation | MATW | $796M | -32.53 | 1.66 | -5.1% | 10.13 |
| Falcon's Beyond Global, Inc. | FBYD | $746M | 219.98 | 62.55 | 28.4% | 75.88 |
| Peer Median | - | 3.57 | 1.71 | 13.8% | 9.23 | |