Spire Global (SPIR) Gross Margin (2020 - 2025)
Spire Global (SPIR) reported 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 - 2025) Analysis & Trends
Spire Global (SPIR) has 6 years of Gross Margin data on file, last reported at 40.64% in Q4 2025.
- Gross Margin for Q4 2025 came in at 40.64%, up 828.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 40.86% (up 476.0% YoY), and the FY2025 annual result was 40.76%, up 466.0% from the prior year.
- Gross Margin improved to 40.64% in Q4 2025 per SPIR's latest filing, from 36.65% in the prior quarter.
- Over five years, Gross Margin peaked at 1035.54% in Q1 2023 and troughed at 212.94% in Q4 2022.
- A 5-year average of 91.83% and a median of 42.96% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 68121 bps in 2023, then plunged 100904 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 44.17% in 2021, then plunged by 582 bps to 212.94% in 2022, then surged by 125 bps to 53.52% in 2023, then plunged by 40 bps to 32.37% in 2024, then rose 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 | 70.95 Bn | 70.77 Bn | 1.45 Bn | 50.98% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 87.04% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 70.43% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 50.26% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 57.11% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 8.69% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 9.92% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 88.69% |
| 10 | Spire Global | 565.04 Mn | 483.27 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 | 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 | 48.39% |
| Mar 31, 2023 | 1,035.54% |
| Dec 31, 2022 | -212.94% |
| Sep 30, 2022 | -24.21% |
| Jun 30, 2022 | -31.13% |
| 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% |