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Spire Global SPIR Total Cost of Revenue

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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$554.74M+86.9%
Enterprise value$550.45M+101%
P/E11×
P/S8.7×+5.6×

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:CostOfRevenue.

The source filing: Spire Global’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 6:42 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-222710
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue$15,834$23,876
Cost of revenue9,52915,164
Gross profit6,3058,712
Operating expenses:
Research and development8,6998,659
Sales and marketing3,1465,531
General and administrative18,12617,650
Loss on decommissioned satellites and other assets write-offs9095,160

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Spire Global's total cost of revenue?
Spire Global (SPIR) reported total cost of revenue of $9.53M in Q1 2026.
How has Spire Global's total cost of revenue changed year-over-year?
Spire Global's total cost of revenue decreased by 37.2% year-over-year, from $15.16M to $9.53M.
What is the long-term trend for Spire Global's total cost of revenue?
Over 4 years (2021 to 2025), Spire Global's total cost of revenue has grown at a 22.7% compound annual growth rate (CAGR), from $18.72M to $42.39M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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