Spire Global (SPIR) EV to FCF (2020 - 2025)
Spire Global's (SPIR) quarterly EV to FCF came in at 11.01 in Q4 2025, up 26.5% year-over-year from 8.7 in Q4 2024, and up 19.49% quarter-over-quarter from 13.67 in Q3 2025.
Analysis
Spire Global (SPIR) EV to FCF (2020 - 2025) Analysis & Trends
Spire Global (SPIR) has reported EV to FCF for 6 consecutive years, with 11.01 the latest figure, recorded in Q4 2025.
- On a quarterly basis, EV to FCF rose 26.5% year-over-year to 11.01 in Q4 2025; TTM through Dec 2025 was 1.92, a 76.23% increase from a year earlier, with the FY2025 full-year figure at 1.92, up 76.23% from the prior year.
- EV to FCF was 11.01 for Q4 2025 at Spire Global, up from 13.67 in the prior quarter.
- Over five years, EV to FCF peaked at 45.09 in Q3 2024 and troughed at 61.3 in Q3 2021.
- A 5-year average of 15.03 and a median of 12.18 in 2022 frame the typical range for EV to FCF.
- The widest YoY moves for EV to FCF: up 1330.32% in 2024, down 1614.95% in 2024.
- Over 5 years, EV to FCF stood at 16.67 in 2021, then jumped by 41.2% to 9.8 in 2022, then tumbled by 521.06% to 60.89 in 2023, then surged by 75.41% to 14.97 in 2024, then grew by 26.5% to 11.01 in 2025.
- The last three EV to FCF figures came in at 11.01 (Q4 2025), 13.67 (Q3 2025), and 7.34 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Baidu | 33.84 Bn | 11.45 Bn | 1.76 Mn |
| 2 | Life360 | 3.59 Bn | 3.32 Bn | 126.90 Mn |
| 3 | Soundhound Ai | 2.72 Bn | 2.52 Bn | 27.93 Mn |
| 4 | C3.ai | 1.47 Bn | 892.91 Mn | 11.32 Mn |
| 5 | Spire Global | 486.56 Mn | 394.89 Mn | 6.16 Mn |
| 6 | Spectral Capital | 471.83 Mn | 466.30 Mn | 3.28 Mn |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 |
| 8 | Veritone | 90.16 Mn | 77.74 Mn | 15.46 Mn |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - |
| 10 | Brand Engagement Network | 78.57 Mn | 69.57 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -11.01 |
| Sep 30, 2025 | -13.67 |
| Jun 30, 2025 | -7.34 |
| Mar 31, 2025 | -12.56 |
| Dec 31, 2024 | -14.97 |
| Sep 30, 2024 | 45.09 |
| Jun 30, 2024 | -24.12 |
| Mar 31, 2024 | -15.47 |
| Dec 31, 2023 | -60.89 |
| Sep 30, 2023 | -3.67 |
| Jun 30, 2023 | -1.41 |
| Mar 31, 2023 | -2.07 |
| Dec 31, 2022 | -9.80 |
| Sep 30, 2022 | -6.03 |
| Jun 30, 2022 | -3.23 |
| Mar 31, 2022 | -11.80 |
| Dec 31, 2021 | -16.67 |
| Sep 30, 2021 | -61.30 |
| Jun 30, 2021 | -36.21 |
| Mar 31, 2021 | -33.52 |