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Spire Global SPIR CA — Foreign Tax Effects Change In Valuation Allowance

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

Valuation

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Market cap$543.12M+83.0%
Enterprise value$538.84M+96.5%
P/E10.7×
P/S8.6×+5.4×

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 spir:ForeignTaxEffectsChangeInValuationAllowance.

The source filing: Spire Global’s 10-K, filed March 19, 2026.

Filed
Mar 19, 2026, 5:06 PM EDT
Fiscal year
FY2025
Accession
0001193125-26-116169
Line itemAmountPercentage
Canada
Gain on sale of a business20,05936.5%
Foreign rate differential(1,041)(1.9
Change in valuation allowance(12,770)(23.3
Other8031.5%
Germany(826)(1.5
Luxembourg
Gain on sale of a business8,68015.8%

Item 8. Financial Statements and Supplemental Data

FAQ

What is Spire Global's CA — foreign tax effects change in valuation allowance?
Spire Global (SPIR) reported CA — foreign tax effects change in valuation allowance of -$3.19M in Q4 2025.
What does CA — foreign tax effects change in valuation allowance mean?
Reflects the change in the valuation allowance for deferred tax assets within the CA segment, specifically related to foreign operations. A change in this allowance indicates management's assessment of the likelihood that deferred tax assets will be realized in future periods.

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