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

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DFINGB — Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
-$350K
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GCOGB — Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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WVEGB — Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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WVEGB — Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
-2.3%
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Donnelley Financial Solutions logo
DFINGB — Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
-0.8%

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 spir:ForeignTaxEffectsChangeInValuationAllowance.

The official record: Spire Global’s 10-K, filed March 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spire Global's GB — foreign tax effects change in valuation allowance?
Spire Global (SPIR) reported GB — foreign tax effects change in valuation allowance of -$248K in Q4 2025.
What does GB — foreign tax effects change in valuation allowance mean?
Represents the impact on the income tax provision resulting from adjustments to the valuation allowance for deferred tax assets within a specific geographic segment. This reflects management's assessment of the recoverability of tax assets based on future taxable income projections in that region. Changes in this allowance directly influence the net tax expense reported for the segment.