Spire Global, Inc.

NYSE•SPIR

CEO: Mr. Peter Platzer

Sector: Industrials

Industry: Specialty Business Services

Listing Date: 2020-11-03

Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. The company offers satellite-based aircraft tracking data to power applications, drive decision making, and improve cost efficiencies; data, insights, and predictive analytics for highly accurate ship monitoring, real-time and near real-time vessel updates, port operations, ship safety and route optimization; and space-based data, AI-powered insights, and predictive weather analytics for accurate weather forecasting. It serves maritime, weather, aviation, and space services industries. The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. is headquartered in Vienna, Virginia.

Contact Information

8000 Towers Crescent Drive, Suite 1100, Vienna, VA, 22182, United States

202-301-5127

www.spire.com

Market Cap

$530.11M

P/E (TTM)

-20.8

39.6

Dividend Yield

52W High

$23.59

52W Low

$6.60

52W Range

54%

Rank68Top 98.2%

1.3

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 1.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$15.83M+0.00%

4-Quarter Trend

EPS

-$0.76+0.00%

4-Quarter Trend

FCF

-$16.16B+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Maritime Sale Completed, Debt Eliminated Completed $238.9M maritime sale; eliminated all long-term debt obligations by April 2025.

Net Income Reaches $51.31M Achieved $51.31M Net Income in 2025, reversing $103.36M loss from prior year due to asset sale.

Gross Margin Improves to 41% Gross margin increased 5 points to 41% due to lower satellite operations and depreciation costs.

Strong Liquidity Position Established Cash and marketable securities total $81.8M; Remaining Performance Obligations stand at $201.76M at year-end.

Risk Factors

ICFR Material Weaknesses Persist Material weaknesses in ICFR identified as of 12/31/2025; remediation efforts are time-consuming and costly.

Revenue Drops 35% Total revenue decreased $38.9M (35%) to $71.55M, largely due to non-recurrence of Maritime Transaction.

High Government Customer Concentration One government customer accounted for 24% of total revenue in 2025, posing concentration risk.

Future Capital Requirements Expected May require additional financing for growth, risking significant stockholder dilution or increased debt leverage.

Outlook

Increased R&D Investment Focus R&D expenses rose 25% to $36.67M, focusing on technology enhancement and new data solutions.

Transitioning Away From Smaller Filer Will lose smaller reporting company status in Q1 2026, leading to increased regulatory disclosure burden.

Continued Platform Enhancement Focus on enhancing AI/ML capabilities and platform resiliency, including successful two-way laser communication.

Sales Model Expansion Continues Will continue 'land and expand' model, penetrating new industries like agriculture and energy sectors.

Peer Comparison

Revenue (TTM)

JELD

$3.21B

-14.9%

QUAD

$2.37B

-10.4%

WNC

$1.54B

-20.8%

Gross Margin (Latest Quarter)

CASS

100.0%

+14.9pp

ZIP

89.1%

-0.3pp

ACTG

85.6%

+75.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
BW	$1.56B	-49.9	14.8%	55.6%
CASS	$601.01M	17.0	14.4%	5.7%
SPIR	$530.11M	-20.8	-24962.4%	6.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-12.8%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:May 12, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data