Spire Global (SPIR) Gross Margin (2020 - 2025)
Spire Global's (SPIR) quarterly Gross Margin came in at 40.64% in Q4 2025, up 828.0% year-on-year from 4.38% in Q4 2024, and up 10.91% on a QoQ basis from 36.65% in Q3 2025.
Spire Global (SPIR) Gross Margin (2020 - 2025) Analysis & Trends
Spire Global (SPIR) has 6 years of Gross Margin data on file, last reported at 40.64% in Q4 2025.
- On a quarterly basis, Gross Margin rose 828.0% year-over-year to 40.64% in Q4 2025; TTM through Dec 2025 was 28.48%, a 762.0% decrease from a year earlier, with the FY2025 full-year figure at 40.76%, up 466.0% from the prior year.
- Gross Margin for Q4 2025 stood at 40.64%, up from 36.65% in the prior quarter.
- Over the last five years, Gross Margin for SPIR reached as high as 421.44% in Q4 2023 and fell as low as 28.04% in Q4 2022.
- Historically, Gross Margin has averaged 82.4% across 5 years, with a median of 44.54% in 2024.
- Across the five-year window, Gross Margin surged 44949 bps in 2023 and sank 38908 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 44.17% in 2021, then sank by 163 bps to 28.04% in 2022, then surged by 1603 bps to 421.44% in 2023, then sank by 92 bps to 32.37% in 2024, then climbed by 26 bps to 40.64% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 40.64% in Q4 2025, 36.65% in Q3 2025, and 48.88% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 50.98% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 59.24% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 75.16% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 50.26% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 8.69% |
| 10 | Spire Global | 356.40 Mn | 274.63 Mn | 6.43 Mn | 40.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 40.64% |
| Sep 30, 2025 | 36.65% |
| Jun 30, 2025 | 48.88% |
| Mar 31, 2025 | -0.30% |
| Dec 31, 2024 | 32.37% |
| Sep 30, 2024 | 44.54% |
| Jun 30, 2024 | 42.96% |
| Mar 31, 2024 | 26.50% |
| Dec 31, 2023 | 421.44% |
| Sep 30, 2023 | 182.74% |
| Jun 30, 2023 | 45.68% |
| Mar 31, 2023 | 42.42% |
| Dec 31, 2022 | -28.04% |
| Sep 30, 2022 | 55.14% |
| Jun 30, 2022 | 50.64% |
| Mar 31, 2022 | 354.33% |
| Sep 30, 2021 | 44.17% |
| Jun 30, 2021 | 59.10% |
| Mar 31, 2021 | 65.75% |
| Dec 31, 2020 | 66.10% |