SPIR

Spire Global, Inc. Communication Services Communications Services, NEC Russell 3000
$8.87Close $7.02 – $25.4852-week range Nov 10, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 9 · weaker than 91% of stocks over 12 months
  • Far from its high 65% below its 52-week high
  • Distribution down-day volume 1.6× up-day volume over 50 sessions
  • Earnings shrinking EPS −114% year on year
  • Results soon Nov 10, 2026, in 9 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 13, 2026
Off 12-month high 65%
1wk down 2.1% price change
1mo down 20.7% price change
12-month return down 15% market up 11% · its own down 28%
F-score — — Not assessed
Altman Z″ -8.71 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth down 35% year on year
EPS growth down 114% latest quarter
Sales growth down 6% latest quarter · +28 pts
ROE up 45% return on equity
Free cash margin down 129% -$92.6M FCF
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover Lossoperating loss
Piotroski tests

Repair signals

  • Gross margin 36.1% → 40.8%

Trade setup

ATR% 6.4% $0.57 a day · 2×ATR $7.73
RS 9 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 0.62 50 sessions
Implied move — no option chain · report Nov 10, 2026
Trend template · 2 of 8
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes

Screen verdict

Did not qualify for any screen.

Warning signs

4 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
  • Profit not backed by cash Reported profit of $51.3M came with -$59.8M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
  • Revenue shrinking Revenue fell 35.2% over the year, from $110.5M to $71.6M.
Last reported Aug 12, 2026
Results reaction Aug 12, 2026-7% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $71.6M -35% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $28.5M FY2021 · $43.4M FY2022 · $70.8M FY2023 · $97.6M FY2024 · $110.5M FY2025 · $71.6M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $51.3M back to a profit
-$200M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$32.5M FY2021 · -$38.1M FY2022 · -$99.0M FY2023 · -$77.6M FY2024 · -$103.4M FY2025 · $51.3M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$92.6M
-$100M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$25.1M FY2021 · -$73.4M FY2022 · -$66.7M FY2023 · -$53.7M FY2024 · -$45.0M FY2025 · -$92.6M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 41%
  • Net 72%
  • Free cash -129%
-200% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 64% · Net -114% · Free cash -88% FY2021 · Gross 57% · Net -88% · Free cash -169% FY2022 · Gross 24% · Net -140% · Free cash -94% FY2023 · Gross 40% · Net -79% · Free cash -55% FY2024 · Gross 36% · Net -94% · Free cash -41% FY2025 · Gross 41% · Net 72% · Free cash -129%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $15.6M · Long-term debt $26.6M FY2021 · Cash $109.3M · Long-term debt $51.1M FY2022 · Cash $47.2M · Long-term debt $98.5M FY2023 · Cash $29.1M · Long-term debt $114.1M FY2024 · Cash $19.2M · Long-term debt $4.6M FY2025 · Cash $24.8M
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $28.5M $43.4M $70.8M $97.6M $110.5M $71.6M
Gross margin 64% 57% 24% 40% 36% 41%
Operating income -$26.0M -$67.8M -$78.9M -$58.8M -$69.3M -$96.0M
Net income -$32.5M -$38.1M -$99.0M -$77.6M -$103.4M $51.3M
Net margin -114% -88% -140% -79% -94% 72%
Earnings per share -$1.85 -$0.61 -$5.66 -$3.96 -$4.28 $1.61
Free cash flow -$25.1M -$73.4M -$66.7M -$53.7M -$45.0M -$92.6M
Free cash margin -88% -169% -94% -55% -41% -129%
Cash $15.6M $109.3M $47.2M $29.1M $19.2M $24.8M
Long-term debt $26.6M $51.1M $98.5M $114.1M $4.6M —
Shareholders' equity -$48.7M $190.2M $91.1M $37.8M -$11.7M $112.9M

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 13, 2026 Quarterly ↗ Jun 30, 2026 44d
May 14, 2026 Quarterly ↗ Mar 31, 2026 44d
Mar 19, 2026 Annual ↗ Dec 31, 2025 78d
Dec 17, 2025 Quarterly ↗ Sep 30, 2025 78d
Nov 4, 2025 Quarterly ↗ Jun 30, 2025 127d
May 14, 2025 Quarterly ↗ Mar 31, 2025 44d
Mar 31, 2025 Annual ↗ Dec 31, 2024 90d
Mar 3, 2025 Quarterly ↗ Jun 30, 2024 246d
Mar 3, 2025 Quarterly ↗ Sep 30, 2024 154d
May 15, 2024 Quarterly ↗ Mar 31, 2024 45d
Mar 6, 2024 Annual ↗ Dec 31, 2023 66d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports