Spire Global (SPIR) Cost of Revenue (2020 - 2026)
Spire Global's (SPIR) quarterly Cost of Revenue came in at $11.9 million in Q2 2026, up 21.25% year-over-year from $9.8 million in Q2 2025, and up 26.58% quarter-over-quarter from $9.4 million in Q4 2025.
Analysis
Spire Global (SPIR) Cost of Revenue (2020 - 2026) Analysis & Trends
Spire Global (SPIR) has reported Cost of Revenue for 7 consecutive years, with $11.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 21.25% year-over-year to $11.9 million in Q2 2026; TTM through Jun 2026 was $39.1 million, a 29.38% 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 was $11.9 million for Q2 2026 at Spire Global, up from $9.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $25.6 million in Q1 2024 and troughed at $8.0 million in Q3 2025.
- A 5-year average of $13.4 million and a median of $13.4 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 195.85% in 2022 and sank 49.33% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $13.7 million in 2022, then soared by 30.16% to $17.8 million in 2023, then fell by 17.56% to $14.6 million in 2024, then slumped by 35.88% to $9.4 million in 2025, then rose by 26.58% to $11.9 million in 2026.
- The last three Cost of Revenue figures came in at $11.9 million (Q2 2026), $9.4 million (Q4 2025), and $8.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 30.60 Bn | 8.20 Bn | 1.76 Mn | 2.82 Bn |
| 2 | Life360 | 3.22 Bn | 2.95 Bn | 126.90 Mn | 32.06 Mn |
| 3 | Soundhound Ai | 2.39 Bn | 2.19 Bn | 27.93 Mn | 33.97 Mn |
| 4 | C3.ai | 1.63 Bn | 977.97 Mn | 16.67 Mn | 35.71 Mn |
| 5 | BigBear.ai Holdings | 1.35 Bn | 1.03 Bn | 12.05 Mn | 24.70 Mn |
| 6 | BlackSky Technology | 880.00 Mn | 645.82 Mn | 27.92 Mn | 5.40 Mn |
| 7 | Spectral Capital | 471.83 Mn | 466.30 Mn | 3.28 Mn | 315.00 Mn |
| 8 | Spire Global | 463.82 Mn | 372.14 Mn | 6.16 Mn | 11.89 Mn |
| 9 | Global AI | 151.80 Mn | 151.76 Mn | 82,446.00 | 33,278.00 |
| 10 | Veritone | 108.99 Mn | 96.56 Mn | 15.46 Mn | 8.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.89 Mn |
| Dec 31, 2025 | 9.39 Mn |
| Sep 30, 2025 | 8.03 Mn |
| Jun 30, 2025 | 9.81 Mn |
| Mar 31, 2025 | 15.09 Mn |
| Dec 31, 2024 | 14.65 Mn |
| Sep 30, 2024 | 15.84 Mn |
| Jun 30, 2024 | 14.49 Mn |
| Mar 31, 2024 | 25.60 Mn |
| Dec 31, 2023 | 17.77 Mn |
| Sep 30, 2023 | 12.64 Mn |
| Jun 30, 2023 | 15.25 Mn |
| Mar 31, 2023 | 13.37 Mn |
| Dec 31, 2022 | 13.65 Mn |
| Sep 30, 2022 | 10.20 Mn |
| Jun 30, 2022 | 9.57 Mn |
| Mar 31, 2022 | 9.85 Mn |
| Dec 31, 2021 | 6.33 Mn |
| Sep 30, 2021 | 5.34 Mn |
| Jun 30, 2021 | 3.73 Mn |