📊 SPIR Key Takeaways
Is Spire Global, Inc. (SPIR) a Good Investment?
Spire Global faces severe financial distress with 35% YoY revenue decline, massive operating losses of -$96M, and negative free cash flow of -$92.6M that depletes the $24.8M cash balance rapidly. The positive net income is non-recurring and masks fundamental operational deterioration, while debt of $103.7M cannot be serviced from operations given negative interest coverage of -12.9x.
Why Buy Spire Global, Inc. Stock? SPIR Key Strengths
- Gross margin of 40.8% demonstrates viable unit economics for core products
- Stockholders equity of $112.9M provides asset backing above liabilities
- Current ratio of 1.30x maintains minimum threshold for short-term obligations
SPIR Stock Risks: Spire Global, Inc. Investment Risks
- Revenue declined 35.2% YoY with no disclosed recovery plan or stabilization indicators
- Operating income of -$96M against $71.6M revenue demonstrates unsustainable cost structure
- Free cash flow of -$92.6M with only $24.8M cash creates imminent liquidity crisis within 3-4 quarters
- Interest coverage of -12.9x indicates operational cash insufficient to service $103.7M debt
- Positive net income driven by non-operating gains masks underlying operational failure
Key Metrics to Watch
- Operating cash flow trajectory and cash balance burn rate
- Quarterly revenue stabilization or recovery from 35% decline
- Debt restructuring, refinancing, or covenant waiver announcements
- Operating margin improvement to near-breakeven from -134%
- Capital expenditure cuts and cost structure right-sizing
Spire Global, Inc. (SPIR) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Spire Global, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
SPIR Profit Margin, ROE & Profitability Analysis
SPIR vs Telecom Sector: How Spire Global, Inc. Compares
How Spire Global, Inc. compares to Telecom sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Spire Global, Inc. Stock Overvalued? SPIR Valuation Analysis 2026
Based on fundamental analysis, Spire Global, Inc. appears fundamentally strong relative to the Telecom sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Spire Global, Inc. Balance Sheet: SPIR Debt, Cash & Liquidity
SPIR Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Spire Global, Inc.'s revenue has grown significantly by 155% over the 5-year period, indicating strong business expansion. The most recent EPS of $-4.28 indicates the company is currently unprofitable.
SPIR Revenue Growth, EPS Growth & YoY Performance
SPIR Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $12.7M | -$12.5M | $-0.50 |
| Q2 2025 | $19.2M | -$16.6M | $-0.68 |
| Q1 2025 | $23.9M | -$20.7M | $-0.77 |
| Q3 2024 | $22.1M | -$12.5M | $-0.50 |
| Q2 2024 | $25.4M | -$16.6M | $-0.68 |
| Q1 2024 | $24.2M | -$17.7M | $-0.98 |
| Q3 2023 | $20.4M | -$17.8M | $-0.86 |
| Q2 2023 | $19.4M | -$16.3M | $-0.11 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Spire Global, Inc. Dividends, Buybacks & Capital Allocation
SPIR SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Spire Global, Inc. (CIK: 0001816017)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SPIR
What is the AI rating for SPIR?
Spire Global, Inc. (SPIR) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SPIR's key strengths?
Claude: Gross margin of 40.8% demonstrates viable unit economics for core products. Stockholders equity of $112.9M provides asset backing above liabilities.
What are the risks of investing in SPIR?
Claude: Revenue declined 35.2% YoY with no disclosed recovery plan or stabilization indicators. Operating income of -$96M against $71.6M revenue demonstrates unsustainable cost structure.
What is SPIR's revenue and growth?
Spire Global, Inc. reported revenue of $71.6M.
Does SPIR pay dividends?
Spire Global, Inc. does not currently pay dividends.
Where can I find SPIR SEC filings?
Official SEC filings for Spire Global, Inc. (CIK: 0001816017) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SPIR's EPS?
Spire Global, Inc. has a diluted EPS of $1.49.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SPIR a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Spire Global, Inc. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SPIR stock overvalued or undervalued?
Valuation metrics for SPIR: ROE of 45.4% (sector avg: 15%), net margin of 71.7% (sector avg: 14%). Higher ROE suggests strong returns relative to peers.
Should I buy SPIR stock in 2026?
Our dual AI analysis gives Spire Global, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is SPIR's free cash flow?
Spire Global, Inc.'s operating cash flow is $-59.8M, with capital expenditures of $32.8M. FCF margin is -129.4%.
How does SPIR compare to other Telecom stocks?
Vs Telecom sector averages: Net margin 71.7% (avg: 14%), ROE 45.4% (avg: 15%), current ratio 1.30 (avg: 1).
Why is SPIR's return on equity (ROE) so high?
Spire Global, Inc. has a return on equity of 45.4%, significantly above the Telecom sector average of 15%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 71.7% net margin.