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
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