Spire Global (SPIR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Spire Global

NYSE•Industrials•Specialty Business Services

$12.18+0.69(0.06%)Market open

Market Cap

$440.01M

P/S

7.1x

P/B

3.0x

Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Space Reconnaissance service, a mission-critical insights support defense, intelligence, and national security operations; Aviation service, a satellite-based aircraft tracking data to power applications; Weather and Climate, a space-based data, AI-powered insights, and predictive weather analytics; and Space Services solutions includes space-as-a- service, which delivers and develops infrastructure, including ground station network and cloud infrastructure to access spaces. It serves government, logistics, operations, insurance, energy, agriculture, and financial industries. It has strategic partnership with Schaeffler AG to develop space hardware subsystems, satellite platforms, and advanced radiofrequency (RF) and environmental sensing capabilities. The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. was founded in 2012 and is headquartered in Vienna, Virginia.

How this company scores

WeakMetricSide Score: 27/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Growth (0/25).

Profitability5/25

Growth0/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality7/25

Strengths

Interest easily coveredNet cash positionImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.5x5y range 4.9x – 12.0x

Currently near its 4-quarter median.

P/S · 7.1x5y range 1.0x – 683.6x

Currently above its 20-quarter median.

P/B · 3.0x5y range 1.3x – 63.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $440.01M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $62.38M
Q. Revenue: $18.05M
TTM EBITDA: $-78.94M
TTM Op. Income: $-91.49M
Q. Op. Income: $-19.89M
TTM Net Income: $-93.44M
Q. Net Income: $-19.97M
EPS: $-0.52
Shares Out.: $38.30M

$62.38M in TTM revenue declined 39.1% YoY, reaching $18.05M last quarter. TTM EBITDA of $-78.94M and TTM operating income of $-91.49M show growth is flowing through to the bottom line. However, net income is negative at $93.44M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 6 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 34.1%
EBITDA Margin: -87.7%
Op. Margin: -110.2%
Net Margin: -110.6%

Op. margin of -110.2% is up 12.4% YoY — cost efficiency is improving. Net margin at -110.6% and gross margin of 34.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 7.1x
P/B Ratio: 3.0x

P/S of 7.1x and P/B of 3.0x. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $226.66M
Cash: $38.81M
Long-Term Debt: N/A
Book Value: $144.28M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-23.37M
TTM Free Cash Flow: $-99.60M
FCF Margin: -159.7%
FCF / Net Income: 1.1

TTM FCF of $-99.60M on $-23.37M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 32% — an improving trend.