Spire Global (SPIR) Cost of Revenue (2020 - 2026)

Spire Global (SPIR) has reported Cost of Revenue for 6 consecutive years, with $9.4 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Cost of Revenue fell 35.88% year-over-year to $9.4 million; the TTM figure through Dec 2025 stood at $27.3 million (down 61.32% YoY), while the FY2025 annual figure was $42.4 million, down 39.94% from the prior year.
• Cost of Revenue climbed to $9.4 million in Q4 2025 per SPIR's latest filing, from $8.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $25.6 million in Q1 2024 and bottomed at $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.
• Annual changes were most pronounced in 2024 — Cost of Revenue jumped 750.65% — and 2025, when it tumbled 99.72%.
• Spire Global's Cost of Revenue stood at $6.3 million in 2021, then tumbled by 53.5% to $2.9 million in 2022, then soared by 338.0% to $12.9 million in 2023, then grew by 13.68% to $14.6 million in 2024, then slumped by 35.88% to $9.4 million in 2025.
• Business Quant data shows SPIR's Cost of Revenue at $9.4 million in Q4 2025, $8.0 million in Q3 2025, and $9.8 million in Q2 2025.