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← CockpitCompetitor Analysis › SPIR Spire Global, Inc. Class AOpen in the cockpit ↗

Spire Global, Inc. Class ASPIRCompetitor analysis, valuation and peers

United States · USD·Information Technology›Packaged Software
Momentum laggard 8
Mkt cap
$351M
US dollars, full cap
Free float
85%
of shares outstanding
$/day
$4.60M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-105.0 pp
WACC 19.5%
Hurdle
n/a
no reverse DCF
Next earnings
4 days
10 Nov 2026
Close · USD$8.65
1D+12.2%
1W-2.5%
1M-16.7%
3M-38.4%
6M-53.2%
YTD+15.3%
1Y-4.3%
ATR %7.3%
Beta2.97
52w lowhigh66.6% off high

What Spire Global does

Employees: 377

Spire Global at a glance

Size Spire Global (SPIR) is a United States Information Technology company (Packaged Software) with a market value of $351M, the 2974th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.65 on 6 Nov 2026.

Performance Over six months the shares fell 53.2%, against -21.9% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue fell 33.1% over the last twelve months (peer median +7.9%); the operating margin is -108.2% (peer median 6.2%).

Valuation It trades at 4.3× enterprise value to sales against a peer median of 3.5× (10th most expensive of 20).

Capital Return on invested capital runs 105.0 points below its cost of capital (19.5% WACC).

Backlog Backlog (remaining performance obligations) was $134M at 30 Jun 2026, down 36% on a year earlier — 2.2 years of trailing revenue. Backlog detail →

Short interest Short interest is 9.4% of the free float (15 Oct 2026).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 77SPIR 46
Six months, rebased to 100: Spire Global against the median of its 20 peers (local-currency closes).

Spire Global financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$62.4M$71.6M$110M$97.6M$70.8M
Revenue growth—-35%+13%+38%—
Gross profit$23.5M$29.2M$39.9M$38.6M$17.1M
EBITDA-$51.5M-$55.5M-$31.9M-$36.9M-$57.6M
Net income-$90.5M$51.2M-$103M-$77.6M-$99.0M
Free cash flow-$99.6M-$92.6M-$45.0M-$53.7M-$66.7M
Capital expenditure$33.7M$32.8M$26.6M$17.4M$21.0M
Total debt$9.69M$13.4M$111M$131M$112M

Quarterly statements and history in the cockpit →

Spire Global competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-20%-10%0%+10%112040300150VHI603189468730115913843692448130073030036530093020133002353663300419300359LIMECVXAIOTSPIR6-month return →1-month return →
Up and to the right = strong over both horizons. Spire Global is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×10×20×112040300150VHI60318946873011591384369244813007303003653009302013300235300419300359LIMEAIOTSPIRRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Spire Global is the large dot.

Spire Global competitors and peer comparison

How Spire Global compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Spire Global against its 20 peers (data as of 6 Nov 2026)
MeasureSPIRPeer medianRank in peer set
1-month return-16.7%-9.6%4th lowest of 21
6-month return-53.2%-21.9%3rd lowest of 21
Distance from 52-week high-66.6%-43.9%4th lowest of 21
Revenue growth (TTM)-33.1%+7.9%4th lowest of 21
Operating margin-108.2%6.2%lowest of 20
EV / Sales4.3×3.5×10th most expensive of 20
ROIC minus cost of capital-105.0 pp-7.5 pplowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Spire Global SPIRUnited States$351M-53%-33%-108%4.3×n/an/a
Wemade 112040.KSSouth Korea$351M-43%-3%6%1.1×5.7%+37.1%
Beijing Century Real Technology 300150.SZChina$354M-21%-8%0%2.4×48.8%+2.2%
Vitalhub VHI.TOCanada$354M-2%+54%12%2.9×13.6%+51.2%
Shanghai WonderTek Software 603189.SSChina$355M-28%+7%-8%5.6×n/an/a
TDC SOFT 4687.TJapan$347M+19%+7%10%0.8×-4.5%+12.1%
Beijing SunwayWorld Science & Technology 301159.SZChina$347M-23%+17%3%5.4×53.6%+7.0%
Deepexi Technology 1384.HKHong Kong$356M-88%+86%-9%2.9×n/an/a
FFRI Security 3692.TJapan$347M+15%+28%29%11.8×34.6%+21.9%
Base 4481.TJapan$356M-7%+1%26%2.0×-13.4%+11.9%
Hunan Creator Information Technologies 300730.SZChina$346M-28%-4%-53%10.5×n/an/a
Beijing Forever Technology 300365.SZChina$357M-32%-47%-52%3.5×n/an/a
Hangzhou Yitong New Materials 300930.SZChina$345M-27%+51%7%2.7×n/an/a
Weimob 2013.HKHong Kong$358M-55%+40%-14%1.5×n/an/a
Shenzhen Fangzhi Science and Technology 300235.SZChina$359M-33%+27%7%22.7×n/an/a
CELSYS 3663.TJapan$344M+22%+16%36%4.7×3.4%+8.2%
Beijing Interact Technology 300419.SZChina$360M-8%-52%-54%16.5×36.2%-17.8%
Qtone Education Group (Guangdong) 300359.SZChina$361M-24%-29%-34%8.1×n/an/a
Lime Technologies LIME.STSweden$361M+24%+9%21%4.6×-1.6%+16.9%
Carvolix CVX.PAFrance$342M+62%-100%n/an/an/an/a
PowerFleet AIOTUnited States$361M-4%+15%7%1.4×15.3%+31.3%

Spire Global backlog

Spire Global reported $134M of remaining performance obligations at 30 Jun 2026, down 36% from a year earlier and down 27% from the previous quarter. That is 2.2 years of trailing revenue already under contract. Book-to-bill last quarter: -1.79.

Questions

Which companies are Spire Global's closest peers?
The cockpit's peer set: Wemade (112040.KS), Beijing Century Real Technology (300150.SZ), Vitalhub (VHI.TO), Shanghai WonderTek Software (603189.SS), TDC SOFT (4687.T), Beijing SunwayWorld Science & Technology (301159.SZ), Deepexi Technology (1384.HK), FFRI Security (3692.T).
Is Spire Global expensive compared with its peers?
On ev / sales it trades at 4.3× against a peer median of 3.5×, 10th most expensive of 20 in its peer set.
How has Spire Global stock performed?
Over six months to 6 Nov 2026 the shares returned -53.2% against -21.9% for the median peer; over one year -4.3%.
What is Spire Global's backlog?
Spire Global's remaining performance obligations (contracted revenue not yet recognised) were $134M at 30 Jun 2026, -36% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.