Spire Global (SPIR) Research & Development (2020 - 2025)
Spire Global (SPIR) reported Research & Development of $8.7 million for Q4 2025, down 13.43% year-over-year from $10.1 million in Q4 2024, and down 4.54% quarter-over-quarter from $9.1 million in Q3 2025.
Spire Global (SPIR) Research & Development (2020 - 2025) Analysis & Trends
Spire Global (SPIR) has 6 years of Research & Development data on file, last reported at $8.7 million in Q4 2025.
- Research & Development for Q4 2025 came in at $8.7 million, down 13.43% year-over-year; the trailing twelve-month figure through Dec 2025 was $28.2 million (down 3.67% YoY), and the FY2025 annual result was $36.7 million, up 25.43% from the prior year.
- Research & Development slipped to $8.7 million in Q4 2025 per SPIR's latest filing, from $9.1 million in the prior quarter.
- Over five years, Research & Development peaked at $10.2 million in Q2 2025 and troughed at -$3.1 million in Q3 2022.
- A 5-year average of $5.9 million and a median of $7.4 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2024: Research & Development plunged 163.72% in 2023, then soared 458.46% in 2024.
- A 5-year view of Research & Development shows it stood at $9.7 million in 2021, then tumbled by 129.35% to -$2.8 million in 2022, then surged by 414.96% to $9.0 million in 2023, then advanced by 12.06% to $10.1 million in 2024, then slipped by 13.43% to $8.7 million in 2025.
- Business Quant data shows SPIR's Research & Development at $8.7 million in Q4 2025, $9.1 million in Q3 2025, and $10.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | - |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | - |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | - |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | - |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | - |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | - |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | - |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 63.65 Mn |
| 10 | Spire Global | 565.04 Mn | 483.27 Mn | 6.43 Mn | 8.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.70 Mn |
| Sep 30, 2025 | 9.12 Mn |
| Jun 30, 2025 | 10.20 Mn |
| Mar 31, 2025 | 150,000.00 |
| Dec 31, 2024 | 10.05 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Jun 30, 2024 | 7.52 Mn |
| Mar 31, 2024 | 6.04 Mn |
| Dec 31, 2023 | 8.97 Mn |
| Sep 30, 2023 | 7.93 Mn |
| Jun 30, 2023 | -2.10 Mn |
| Mar 31, 2023 | 7.32 Mn |
| Dec 31, 2022 | -2.85 Mn |
| Sep 30, 2022 | -3.06 Mn |
| Jun 30, 2022 | 3.29 Mn |
| Mar 31, 2022 | 8.66 Mn |
| Dec 31, 2021 | 9.70 Mn |
| Sep 30, 2021 | 7.80 Mn |
| Jun 30, 2021 | 7.21 Mn |
| Mar 31, 2021 | 6.90 Mn |