Spire Global (SPIR) Interest Expenses (2020 - 2025)
Spire Global's (SPIR) quarterly Interest Expenses came in at $14.9 million in Q3 2025, up 208.55% year-on-year from $4.8 million in Q3 2024, and up 459.31% on a QoQ basis from $2.7 million in Q2 2025.
Spire Global (SPIR) Interest Expenses (2020 - 2025) Analysis & Trends
Spire Global (SPIR) has 6 years of Interest Expenses data on file, last reported at $14.9 million in Q3 2025.
- On a quarterly basis, Interest Expenses rose 208.55% year-over-year to $14.9 million in Q3 2025; TTM through Dec 2025 was $13.7 million, a 18.56% decrease from a year earlier, with the FY2025 full-year figure at $98.9 million, up 385.8% from the prior year.
- Interest Expenses for Q3 2025 stood at $14.9 million, up from $2.7 million in the prior quarter.
- Over the last five years, Interest Expenses for SPIR reached as high as $23.4 million in Q1 2022 and fell as low as $2.4 million in Q3 2021.
- Historically, Interest Expenses has averaged $7.1 million across 5 years, with a median of $5.8 million in 2023.
- Across the five-year window, Interest Expenses jumped 819.1% in 2022 and tumbled 72.95% in 2023, its largest moves.
- Year by year, Interest Expenses stood at $10.0 million in 2021, then dropped by 15.56% to $8.4 million in 2022, then tumbled by 51.51% to $4.1 million in 2023, then dropped by 22.11% to $3.2 million in 2024, then surged by 367.82% to $14.9 million in 2025.
- Per Business Quant data, the three most recent Interest Expenses figures were $14.9 million in Q3 2025, $2.7 million in Q2 2025, and $5.7 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 297.99 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | 248.00 Mn |
| 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 | 223,000.00 |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | - |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 65.70 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 8.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | - |
| 10 | Spire Global | 356.40 Mn | 274.63 Mn | 6.43 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 14.90 Mn |
| Sep 30, 2025 | 14.90 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Mar 31, 2025 | 5.73 Mn |
| Mar 31, 2025 | 5.73 Mn |
| Dec 31, 2024 | 3.19 Mn |
| Dec 31, 2024 | 3.19 Mn |
| Sep 30, 2024 | 4.83 Mn |
| Sep 30, 2024 | 4.83 Mn |
| Jun 30, 2024 | 4.77 Mn |
| Jun 30, 2024 | 4.77 Mn |
| Mar 31, 2024 | 8.11 Mn |
| Mar 31, 2024 | 8.11 Mn |
| Dec 31, 2023 | 4.09 Mn |
| Dec 31, 2023 | 4.09 Mn |
| Sep 30, 2023 | 9.75 Mn |
| Sep 30, 2023 | 9.75 Mn |
| Jun 30, 2023 | 5.81 Mn |
| Jun 30, 2023 | 5.81 Mn |