Spire Global (SPIR) Gross Margin (2020 - 2026)
Spire Global's (SPIR) quarterly Gross Margin came in at 34.12% in Q2 2026, down 1476.0% year-over-year from 2.48% in Q2 2025, and down 16.05% quarter-over-quarter from 40.64% in Q4 2025.
Analysis
Spire Global (SPIR) Gross Margin (2020 - 2026) Analysis & Trends
Spire Global (SPIR) has reported Gross Margin for 7 consecutive years, with 34.12% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 1476.0% year-over-year to 34.12% in Q2 2026; TTM through Jun 2026 was 40.49%, a 14.0% decrease from a year earlier, with the FY2025 full-year figure at 40.76%, up 466.0% from the prior year.
- Gross Margin was 34.12% for Q2 2026 at Spire Global, down from 40.64% in the prior quarter.
- Over five years, Gross Margin peaked at 53.52% in Q4 2023 and troughed at 26.5% in Q1 2024.
- A 5-year average of 42.72% and a median of 42.96% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 2116 bps in 2024 and jumped 1029 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 52.16% in 2022, then increased by 3 bps to 53.52% in 2023, then sank by 40 bps to 32.37% in 2024, then increased by 26 bps to 40.64% in 2025, then declined by 16 bps to 34.12% in 2026.
- The last three Gross Margin figures came in at 34.12% (Q2 2026), 40.64% (Q4 2025), and 36.65% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 4.12 Bn | -18.28 Bn | 1.76 Mn | 0.04% |
| 2 | Life360 | 3.59 Bn | 3.32 Bn | 126.90 Mn | 79.83% |
| 3 | Soundhound Ai | 2.72 Bn | 2.52 Bn | 27.93 Mn | 45.12% |
| 4 | C3.ai | 1.47 Bn | 892.91 Mn | 11.32 Mn | 21.94% |
| 5 | Spire Global | 486.56 Mn | 394.89 Mn | 6.16 Mn | 34.12% |
| 6 | Spectral Capital | 471.83 Mn | 466.30 Mn | 3.28 Mn | 1.03% |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 71.24% |
| 8 | Veritone | 90.16 Mn | 77.74 Mn | 15.46 Mn | 63.70% |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | - |
| 10 | 9F | 59.81 Mn | 68.18 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.12% |
| Dec 31, 2025 | 40.64% |
| Sep 30, 2025 | 36.65% |
| Jun 30, 2025 | 48.88% |
| Mar 31, 2025 | 36.79% |
| Dec 31, 2024 | 32.37% |
| Sep 30, 2024 | 44.54% |
| Jun 30, 2024 | 42.96% |
| Mar 31, 2024 | 26.50% |
| Dec 31, 2023 | 53.52% |
| Sep 30, 2023 | 42.87% |
| Jun 30, 2023 | 45.68% |
| Mar 31, 2023 | 42.42% |
| Dec 31, 2022 | 52.16% |
| Sep 30, 2022 | 50.05% |
| Jun 30, 2022 | 50.64% |
| Mar 31, 2022 | 45.51% |
| Dec 31, 2021 | 57.78% |
| Sep 30, 2021 | 44.17% |
| Jun 30, 2021 | 59.10% |