Growth Metrics

Spire Global (SPIR) Operating Expenses (2020 - 2025)

On a quarterly basis, Operating Expenses fell 22.7% to $29.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was $125.1 million, a 14.65% increase, with the full-year FY2025 number at $125.1 million, up 14.65% from a year prior.

Spire Global (SPIR) has 6 years of Operating Expenses data on record, last reported at $29.5 million in Q4 2025.

  • Operating Expenses reached $29.5 million in Q4 2025 per SPIR's latest filing, up from $25.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for SPIR hit a ceiling of $38.2 million in Q4 2024 and a floor of -$3.9 million in Q1 2022.
  • A 5-year average of $19.5 million and a median of $24.4 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: tumbled 120.04% in 2022, then soared 1177.7% in 2024.
  • Tracing SPIR's Operating Expenses over 5 years: stood at $32.7 million in 2021, then plummeted by 108.81% to -$2.9 million in 2022, then fell by 23.16% to -$3.5 million in 2023, then skyrocketed by 1177.7% to $38.2 million in 2024, then dropped by 22.7% to $29.5 million in 2025.
  • Business Quant data shows Operating Expenses for SPIR 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 Relx 81.40 Bn 81.16 Bn - -
2 Rentokil Initial 79.56 Bn 78.10 Bn - 6.06 Bn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 788.55 Mn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 732.96 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 243.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 2.99 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 1.02 Bn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 4.69 Bn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 124.00 Mn
10 Spire Global 592.86 Mn 511.09 Mn 6.43 Mn 29.55 Mn

Historic Data

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DateValue
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
Dec 31, 2020 13.03 Mn
Sep 30, 2020 11.30 Mn