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

Spire Global's (SPIR) quarterly Operating Expenses came in at $29.5 million in Q4 2025, down 22.7% year-on-year from $38.2 million in Q4 2024, and up 15.0% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses fell 22.7% year-over-year to $29.5 million in Q4 2025; TTM through Dec 2025 was $122.4 million, a 12.1% increase from a year earlier, with the FY2025 full-year figure at $125.1 million, up 14.65% from the prior year.
  • Operating Expenses for Q4 2025 stood at $29.5 million, up from $25.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for SPIR reached as high as $38.2 million in Q4 2024 and fell as low as -$3.9 million in Q1 2022.
  • Historically, Operating Expenses has averaged $20.7 million across 5 years, with a median of $24.4 million in 2023.
  • Across the five-year window, Operating Expenses tumbled 120.04% in 2022 and soared 1025.7% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $32.7 million in 2021, then declined by 14.39% to $28.0 million in 2022, then fell by 17.65% to $23.0 million in 2023, then surged by 65.86% to $38.2 million in 2024, then retreated by 22.7% to $29.5 million in 2025.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 81.31 Bn 81.12 Bn 1.45 Bn 788.55 Mn
2 Rentokil Initial 73.75 Bn 71.25 Bn - 6.06 Bn
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - -1.20 Bn
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 772.78 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn 2.99 Bn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 1.02 Bn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 243.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 4.69 Bn
10 Spire Global 356.40 Mn 274.63 Mn 6.43 Mn 29.55 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 29.55 Mn
Sep 30, 2025 25.69 Mn
Jun 30, 2025 32.90 Mn
Mar 31, 2025 34.21 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 23.05 Mn
Sep 30, 2023 26.30 Mn
Jun 30, 2023 25.57 Mn
Mar 31, 2023 -2.29 Mn
Dec 31, 2022 27.99 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