Spire Global (SPIR) Operating Expenses (2020 - 2025)
Spire Global (SPIR) reported Operating Expenses of $29.5 million for Q4 2025, down 22.7% year-over-year from $38.2 million in Q4 2024, and up 15.0% quarter-over-quarter from $25.7 million in Q3 2025.
Spire Global (SPIR) Operating Expenses (2020 - 2025) Analysis & Trends
Spire Global (SPIR) has 6 years of Operating Expenses data on file, last reported at $29.5 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at $29.5 million, down 22.7% year-over-year; the trailing twelve-month figure through Dec 2025 was $125.1 million (up 14.65% YoY), and the FY2025 annual result was $125.1 million, up 14.65% from the prior year.
- Operating Expenses improved to $29.5 million in Q4 2025 per SPIR's latest filing, from $25.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $38.2 million in Q4 2024 and troughed at -$3.9 million in Q1 2022.
- A 5-year average of $19.5 million and a median of $24.4 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 120.04% in 2022, then jumped 1177.7% in 2024.
- A 5-year view of Operating Expenses shows it stood at $32.7 million in 2021, then sank by 108.81% to -$2.9 million in 2022, then fell by 23.16% to -$3.5 million in 2023, then jumped by 1177.7% to $38.2 million in 2024, then dropped by 22.7% to $29.5 million in 2025.
- Business Quant data shows SPIR's Operating Expenses at $29.5 million in Q4 2025, $25.7 million in Q3 2025, and $32.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 788.55 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 772.78 Mn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 1.02 Bn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 243.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 2.99 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 4.69 Bn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 124.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 237.95 Mn |
| 10 | Spire Global | 565.04 Mn | 483.27 Mn | 6.43 Mn | 29.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 29.55 Mn |
| Sep 30, 2025 | 25.69 Mn |
| Jun 30, 2025 | 32.90 Mn |
| Mar 31, 2025 | 37.00 Mn |
| Dec 31, 2024 | 38.23 Mn |
| Sep 30, 2024 | 26.44 Mn |
| Jun 30, 2024 | 23.26 Mn |
| Mar 31, 2024 | 21.22 Mn |
| Dec 31, 2023 | -3.55 Mn |
| Sep 30, 2023 | 28.74 Mn |
| Jun 30, 2023 | 25.57 Mn |
| Mar 31, 2023 | 25.99 Mn |
| Dec 31, 2022 | -2.88 Mn |
| Sep 30, 2022 | -3.04 Mn |
| Jun 30, 2022 | -3.25 Mn |
| Mar 31, 2022 | -3.86 Mn |
| Dec 31, 2021 | 32.69 Mn |
| Sep 30, 2021 | 21.60 Mn |
| Jun 30, 2021 | 18.96 Mn |
| Mar 31, 2021 | 19.24 Mn |