Spire Global (SPIR) FCF Margin (2020 - 2025)
Spire Global (SPIR) posted FCF Margin of -102.10% for Q4 2025, up 10.05 percentage points from -112.16% a year earlier and up 59.19 percentage points from the prior quarter.
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Analysis
Spire Global (SPIR) FCF Margin (2020 - 2025) Analysis & Trends
For FY2025, Spire Global's FCF Margin came in at -129.42%, down 88.65 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -41.37 percentage points (FY2020 to FY2025).
- In prior years, Spire Global's FCF Margin was -40.77% in FY2024 (+14.20 pp), -54.97% in FY2023 (+39.33 pp), -94.30% in FY2022 (+74.94 pp) and -169.24% in FY2021 (-81.18 pp).
- Quarterly FCF Margin has run from a low of -267.60% in Q3 2021 to a high of 17.79% in Q3 2024 over five years.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -39.73 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2022, with a gain of 200.62 percentage points; the weakest was Q3 2021, with a drop of 267.66 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was -161.29% (Q3 2025), -201.65% (Q2 2025) and -72.58% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 280.36 Bn | 265.44 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 253.37 Bn | 233.78 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 134.62 Bn | 120.55 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 116.92 Bn | 104.23 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 95.78 Bn | 77.42 Bn | 881.34 Mn | 27.28% |
| 6 | Okta | 36.98 Bn | 27.07 Bn | 641.00 Mn | 28.94% |
| 7 | Zscaler | 35.32 Bn | 21.44 Bn | - | - |
| 8 | Axon Enterprise | 32.81 Bn | 27.33 Bn | 546.45 Mn | -0.11% |
| 9 | MongoDB | 28.75 Bn | 19.21 Bn | 569.77 Mn | 18.06% |
| 10 | Spire Global | 351.17 Mn | -36.66 Mn | 6.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -102.10% |
| Sep 30, 2025 | -161.29% |
| Jun 30, 2025 | -201.65% |
| Mar 31, 2025 | -72.58% |
| Dec 31, 2024 | -112.16% |
| Sep 30, 2024 | 17.79% |
| Jun 30, 2024 | -39.04% |
| Mar 31, 2024 | -45.68% |
| Dec 31, 2023 | -9.22% |
| Sep 30, 2023 | -73.03% |
| Jun 30, 2023 | -68.87% |
| Mar 31, 2023 | -68.65% |
| Dec 31, 2022 | -62.72% |
| Sep 30, 2022 | -66.98% |
| Jun 30, 2022 | -132.74% |
| Mar 31, 2022 | -106.44% |
| Dec 31, 2021 | -160.76% |
| Sep 30, 2021 | -267.60% |
| Jun 30, 2021 | -126.56% |
| Mar 31, 2021 | -125.56% |
API Access
Spire Global FCF 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=fcf-margin&ticker=SPIR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=SPIR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();