Spire Global (SPIR) Cost of Revenue (2020 - 2025)
Spire Global (SPIR) reported Cost of Revenue of $9.4 million for Q4 2025, down 82.81% year-over-year from $54.6 million in Q4 2024, and up 17.02% quarter-over-quarter 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.
- Cost of Revenue for Q4 2025 came in at $9.4 million, down 82.81% year-over-year; the trailing twelve-month figure through Dec 2025 was $26.6 million (down 70.82% YoY), and the FY2025 annual result was $42.4 million, down 39.94% from the prior year.
- Cost of Revenue rose to $9.4 million in Q4 2025 per SPIR's latest filing, from $8.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $54.6 million in Q4 2024 and troughed at $3.1 million in Q3 2023.
- A 5-year average of $10.1 million and a median of $5.8 million in 2021 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 323.99% in 2024, then sank 82.81% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $6.0 million in 2021, then soared by 77.97% to $10.7 million in 2022, then advanced by 20.32% to $12.9 million in 2023, then surged by 323.99% to $54.6 million in 2024, then slumped by 82.81% 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 $4.4 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 1.39 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 160.28 Mn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 365.10 Mn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 377.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 1.27 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 4.48 Bn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 3.13 Bn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 44.73 Mn |
| 10 | Spire Global | 565.04 Mn | 483.27 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 | 4.41 Mn |
| Jun 30, 2025 | 4.41 Mn |
| Mar 31, 2025 | 4.74 Mn |
| Mar 31, 2025 | 4.74 Mn |
| Dec 31, 2024 | 54.64 Mn |
| Dec 31, 2024 | 54.64 Mn |
| Sep 30, 2024 | 5.66 Mn |
| Sep 30, 2024 | 5.66 Mn |
| Jun 30, 2024 | 5.17 Mn |
| Jun 30, 2024 | 5.17 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 | 3.09 Mn |
| Sep 30, 2023 | 3.09 Mn |