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Spire Global SPIR Gross margin

Gross margin at other companies

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55.5%-2.3pp
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75.1%+13.4pp
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RedwireRDW
9.2%-4.7pp
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Voyager Technologies, Inc.VOYG
13.6%-9.5pp
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Vertiv Holdings CoVRT
37.2%+0.8pp
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World KinectWKC
2.7%+0.2pp

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%
CapEx$8.0M-10.4%
Free cash flow-$34.2M-97.2%

Valuation

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Market cap$619M+100%
Enterprise value$614.72M+59.3%
P/E12.2×
P/S9.8×+6.6×

Profitability

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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

Calculated from Spire Global’s reported figures.

Based on trailing twelve months.

The official record: Spire Global’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spire Global's gross margin?
Spire Global (SPIR) reported gross margin of 42.1% in Q1 2026.
How has Spire Global's gross margin changed year-over-year?
Spire Global's gross margin increased by 6.5% year-over-year, from 39.6% to 42.1%.
What is the long-term trend for Spire Global's gross margin?
Over 3 years (2021 to 2025), Spire Global's gross margin has grown at a -10.5% compound annual growth rate (CAGR), from 56.8% to 40.8%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.