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
DateValue
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