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
DateValue
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%