Spire Global (SPIR) EBITDA Margin (2020 - 2025)
Spire Global (SPIR) posted EBITDA Margin of -127.67% for Q4 2025, down 8.38 percentage points from -119.29% a year earlier but up 18.30 percentage points from the prior quarter.
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Analysis
Spire Global (SPIR) EBITDA Margin (2020 - 2025) Analysis & Trends
For FY2025, Spire Global's EBITDA Margin came in at -116.80%, down 73.76 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of -44.97 percentage points (FY2020 to FY2025).
- In prior years, Spire Global's EBITDA Margin was -43.05% in FY2024 (-1.50 pp), -41.54% in FY2023 (+44.00 pp), -85.54% in FY2022 (+51.21 pp) and -136.75% in FY2021 (-64.92 pp).
- Quarterly EBITDA Margin has run from a low of -169.26% in Q4 2022 to a high of -14.79% in Q1 2024 over five years.
- On a year-over-year basis, EBITDA Margin has declined in each of the last five quarters, with an average year-over-year change of -37.67 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q4 2023, with a gain of 142.48 percentage points; the weakest was Q3 2025, with a drop of 111.46 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was -145.97% (Q3 2025), -109.49% (Q2 2025) and -88.03% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 280.36 Bn | 265.44 Bn | 2.30 Bn | 20.32% |
| 2 | CrowdStrike Holdings | 253.37 Bn | 233.78 Bn | 1.10 Bn | 11.58% |
| 3 | Fortinet | 134.62 Bn | 120.55 Bn | 1.64 Bn | 40.40% |
| 4 | Snowflake | 116.92 Bn | 104.23 Bn | 1.04 Bn | -8.70% |
| 5 | Datadog | 95.78 Bn | 77.42 Bn | 881.34 Mn | 4.19% |
| 6 | Okta | 36.98 Bn | 27.07 Bn | 641.00 Mn | 20.62% |
| 7 | Zscaler | 35.32 Bn | 21.44 Bn | - | - |
| 8 | Axon Enterprise | 32.81 Bn | 27.33 Bn | 546.45 Mn | 8.76% |
| 9 | MongoDB | 28.75 Bn | 19.21 Bn | 569.77 Mn | 4.58% |
| 10 | Spire Global | 351.17 Mn | -36.66 Mn | 6.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -127.67% |
| Sep 30, 2025 | -145.97% |
| Jun 30, 2025 | -109.49% |
| Mar 31, 2025 | -84.46% |
| Dec 31, 2024 | -111.91% |
| Sep 30, 2024 | -30.65% |
| Jun 30, 2024 | -22.84% |
| Mar 31, 2024 | -12.21% |
| Dec 31, 2023 | -23.71% |
| Sep 30, 2023 | -56.72% |
| Jun 30, 2023 | -29.41% |
| Mar 31, 2023 | -50.28% |
| Dec 31, 2022 | -165.00% |
| Sep 30, 2022 | -54.34% |
| Jun 30, 2022 | -54.85% |
| Mar 31, 2022 | -76.23% |
| Dec 31, 2021 | -132.67% |
| Sep 30, 2021 | -148.77% |
| Jun 30, 2021 | -118.69% |
| Mar 31, 2021 | -108.28% |
API Access
Spire Global EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SPIR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SPIR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SPIR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();