Spire Global SPIR Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 42.1%+1.4pp | 40.8%+2.3pp | 38.4%-2.1pp | 40.5%+1.0pp | 39.6%+3.5pp | |
| Operating margin | -145.3%-11.1pp | -134.1%+0.4pp | -134.5%-30.8pp | -103.7%-17.7pp | -86%-23.3pp | |
| EBITDA margin | -127.9%-11.1pp | -116.8%-1.5pp | -115.3%-28.9pp | -86.4%-19.8pp | -66.6%-23.6pp | |
| Returns | ||||||
| Return on invested capital | -110.1%-4.6pp | -105.5%-23.6pp | -81.9%-12.5pp | -69.4%+11.3pp | -80.7%-17.7pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×0.0× | 0.4×0.0× | 0.3×-0.1× | 0.4×0.0× | 0.4×-0.1× | |
| Liquidity | ||||||
| Current ratio | 0.9×-0.4× | 1.3×-0.6× | 1.9×-0.5× | 2.4×+1.8× | 0.7×+0.1× | |
| Quick ratio | 0.9×-0.4× | 1.3×-0.6× | 1.9×-0.5× | 2.4×+1.8× | 0.7×+0.1× | |
| Cash ratio | 0.2×-0.1× | 0.3×0.0× | 0.3×-0.3× | 0.7×+0.4× | 0.2×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×— | —— | —— | —— | |
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×-0.5× | 0.5×0.0× | |
| Interest coverage | -54.7×-41.7× | -12.9×-5.0× | -7.9×-2.5× | -5.4×-1.3× | -4.1×-0.7× | |
| Per Share | ||||||
| Book value per share | $2.74-22.4% | $3.53-13.7% | $4.10-11.9% | $4.65+3,253% | $0.14+129% | |
| Valuation | ||||||
| Market capitalization | $619M+100% | $248.25M-27.3% | $341.53M+10.8% | $308.28M+24.6% | $247.38M-27.7% | |
| Enterprise value | $614.72M+59.3% | $236.84M-29.0% | $333.75M+16.8% | $285.66M-11.9% | $324.42M-25.3% | |
| Price / sales | 9.8×+6.6× | 3.5×-0.9× | 4.4×+1.1× | 3.3×+0.8× | 2.5×-0.6× | |
| Price / book | 6.8×-76.4× | 2.2×— | —— | —— | —— | |
| EV / sales | 9.7×+5.8× | 3.3×-1.0× | 4.3×+1.3× | 3.1×-0.2× | 3.3×-0.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Spire Global's profit margins?
- Spire Global (SPIR) runs a 42.1% gross margin and a -145.3% operating margin, with a 35.7% net margin.
- Where do Spire Global's ratios come from?
- Every ratio is computed from Spire Global's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
