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Other financials

Income statement

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Revenue$15.8M-33.7%
Gross profit$6.3M-27.6%
Operating income-$24.6M+13.1%
Net income-$25.8M-9.9%
EPS (diluted)-$0.78+11.4%

Balance sheet

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Cash & equivalents$16.0M-55.3%
Total debt$11.8M-89.6%
Total equity$91.2M+2,355%
Total assets$182.9M-12.4%

Cash flow

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Operating cash flow-$26.2M-211%
Free cash flow-$34.2M-97.2%

Valuation

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Market cap$554.74M+86.9%
Enterprise value$550.45M+101%
P/E11×
P/S8.7×+5.6×

Profitability

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Gross margin42.1%+2.6pp
Operating margin-145.3%+322pp
Net margin35.7%+23.4pp
FCF margin-172.3%

Returns & leverage

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Return on equity33.7%+18.3pp
Debt / equity0.1×-30.3×
Current ratio0.9×+0.3×

Where this comes from

Reported directly by Spire Global in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Spire Global’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 6:42 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-222710
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net cash used in operating activities(26,211)(8,429)
Cash flows from investing activities
Maturities of short-term investments23,972
Purchase of property and equipment(7,972)(8,901)
Net cash provided by (used in) investing activities16,000(8,901)
Cash flows from financing activities
Proceeds from Securities Purchase Agreements, net37,297
Proceeds from exercise of stock options21640

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Spire Global's capex?
Spire Global (SPIR) reported capex of $7.97M in Q1 2026.
How has Spire Global's capex changed year-over-year?
Spire Global's capex decreased by 10.4% year-over-year, from $8.9M to $7.97M.
What is the long-term trend for Spire Global's capex?
Over 4 years (2021 to 2025), Spire Global's capex has grown at a 20.7% compound annual growth rate (CAGR), from $15.42M to $32.78M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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