What is Spire Global's R&D?

Spire Global (SPIR) reported R&D of $8.7M in Q1 2026.

How has Spire Global's R&D changed year-over-year?

Spire Global's R&D increased by 0.5% year-over-year, from $8.66M to $8.7M.

What is the long-term trend for Spire Global's R&D?

Over 3 years (2021 to 2025), Spire Global's R&D has grown at a 5.1% compound annual growth rate (CAGR), from $31.62M to $36.67M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Spire Global SPIR R&D

R&D at other companies

BlackSky TechnologyBKSY

$170K-30.6%

Planet LabsPL

$33.42M+44.8%

RedwireRDW

$12.58M+1,448%

Voyager Technologies, Inc.VOYG

$7.51M+85.9%

Innovative Solutions & SupportISSC

$1.79M+106%

Mercury SystemsMRCY

$15.01M-6.1%

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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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:ResearchAndDevelopmentExpense.

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 R&D?: Spire Global (SPIR) reported R&D of $8.7M in Q1 2026.
How has Spire Global's R&D changed year-over-year?: Spire Global's R&D increased by 0.5% year-over-year, from $8.66M to $8.7M.
What is the long-term trend for Spire Global's R&D?: Over 3 years (2021 to 2025), Spire Global's R&D has grown at a 5.1% compound annual growth rate (CAGR), from $31.62M to $36.67M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.