Spire Global (SPIR) Cost of Revenue (2020 - 2025)
Spire Global's (SPIR) quarterly Cost of Revenue came in at $9.4 million in Q4 2025, down 35.88% year-on-year from $14.6 million in Q4 2024, and up 17.02% on a QoQ basis from $8.0 million in Q3 2025.
Spire Global (SPIR) Cost of Revenue (2020 - 2025) Analysis & Trends
Spire Global (SPIR) has 6 years of Cost of Revenue data on file, last reported at $9.4 million in Q4 2025.
- On a quarterly basis, Cost of Revenue fell 35.88% year-over-year to $9.4 million in Q4 2025; TTM through Dec 2025 was $27.3 million, a 61.32% decrease from a year earlier, with the FY2025 full-year figure at $42.4 million, down 39.94% from the prior year.
- Cost of Revenue for Q4 2025 stood at $9.4 million, up from $8.0 million in the prior quarter.
- Over the last five years, Cost of Revenue for SPIR reached as high as $25.6 million in Q1 2024 and fell as low as $72000.0 in Q1 2025.
- Historically, Cost of Revenue has averaged $9.4 million across 5 years, with a median of $9.6 million in 2022.
- Across the five-year window, Cost of Revenue surged 750.65% in 2024 and sank 99.72% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $6.3 million in 2021, then tumbled by 53.5% to $2.9 million in 2022, then surged by 338.0% to $12.9 million in 2023, then rose by 13.68% to $14.6 million in 2024, then slumped by 35.88% to $9.4 million in 2025.
- Per Business Quant data, the three most recent Cost of Revenue figures were $9.4 million in Q4 2025, $8.0 million in Q3 2025, and $9.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 84.44 Bn | 84.26 Bn | 1.45 Bn | 1.39 Bn |
| 2 | Rentokil Initial | 72.59 Bn | 70.09 Bn | - | - |
| 3 | Relx | 65.46 Bn | 65.22 Bn | - | - |
| 4 | Thomson Reuters | 43.38 Bn | 42.52 Bn | - | - |
| 5 | Copart | 27.84 Bn | 24.49 Bn | 732.88 Mn | 504.19 Mn |
| 6 | Global Payments | 22.95 Bn | 17.09 Bn | 1.70 Bn | 1.27 Bn |
| 7 | Rb Global | 21.64 Bn | 21.45 Bn | 927.90 Mn | 306.70 Mn |
| 8 | UL Solutions | 18.05 Bn | 17.80 Bn | 381.00 Mn | 377.00 Mn |
| 9 | Aramark | 15.19 Bn | 14.71 Bn | 426.39 Mn | 4.48 Bn |
| 10 | Spire Global | 346.04 Mn | 264.27 Mn | 6.43 Mn | 9.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.39 Mn |
| Dec 31, 2025 | 9.39 Mn |
| Sep 30, 2025 | 8.03 Mn |
| Sep 30, 2025 | 8.03 Mn |
| Jun 30, 2025 | 9.81 Mn |
| Jun 30, 2025 | 9.81 Mn |
| Mar 31, 2025 | 72,000.00 |
| Mar 31, 2025 | 72,000.00 |
| Dec 31, 2024 | 14.65 Mn |
| Dec 31, 2024 | 14.65 Mn |
| Sep 30, 2024 | 15.84 Mn |
| Sep 30, 2024 | 15.84 Mn |
| Jun 30, 2024 | 14.49 Mn |
| Jun 30, 2024 | 14.49 Mn |
| Mar 31, 2024 | 25.60 Mn |
| Mar 31, 2024 | 25.60 Mn |
| Dec 31, 2023 | 12.89 Mn |
| Dec 31, 2023 | 12.89 Mn |
| Sep 30, 2023 | 12.64 Mn |
| Sep 30, 2023 | 12.64 Mn |