Spire Global (SPIR) Gross Margin (2020 - 2026)
Spire Global (SPIR) posted quarterly Gross Margin of 40.64% for Q4 2025, up 828.0% year-over-year from 4.38% in Q4 2024, and up 10.91% quarter-over-quarter from 36.65% in Q3 2025.
Spire Global (SPIR) Gross Margin (2020 - 2026) Analysis & Trends
Spire Global (SPIR) has reported Gross Margin for 6 consecutive years, with 40.64% the latest figure, recorded in Q4 2025.
- In Q4 2025, Gross Margin rose 828.0% year-over-year to 40.64%; the TTM figure through Dec 2025 stood at 28.48% (down 762.0% YoY), while the FY2025 annual figure was 40.76%, up 466.0% from the prior year.
- Gross Margin advanced to 40.64% in Q4 2025 per SPIR's latest filing, from 36.65% in the prior quarter.
- Across five years, Gross Margin topped out at 421.44% in Q4 2023 and bottomed at 28.04% in Q4 2022.
- Historically, Gross Margin has averaged 82.4% across 5 years, with a median of 44.54% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 44949 bps — and 2024, when it tumbled 38908 bps.
- Spire Global's Gross Margin stood at 44.17% in 2021, then sank by 163 bps to 28.04% in 2022, then soared by 1603 bps to 421.44% in 2023, then sank by 92 bps to 32.37% in 2024, then gained by 26 bps to 40.64% in 2025.
- Business Quant data shows SPIR's Gross Margin at 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 | 81.69 Bn | 81.40 Bn | 1.48 Bn | 50.95% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 59.24% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 61.04% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 71.03% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 51.10% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 86.78% |
| 10 | Spire Global | 529.24 Mn | 437.57 Mn | 6.16 Mn | 34.12% |
Historic Data
Download 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 | -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% |