# Spire Global Inc. (SPIR) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Industrials / Professional Services. Price $8.70, market value $340 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Spire Global Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 5.5×**. Each dollar of revenue is priced at 5.5×.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -29.3%** (5-yr avg -34.3%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 37.7%**. Spire Global Inc. keeps 37.7% of revenue after the direct cost of what it sells.
- **Operating margin: -142.1%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 71.7%**. 71.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 45.4%**. 45.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: -79.5%**. Return on all capital, debt included, is -79.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -42.9%**. Each dollar of assets produces -42.9% of profit.

## Growth
- **Revenue growth (1 yr): -35.2%** (3-yr 0.4%/yr, 5-yr 20.2%/yr). Revenue fell 35.2% over the last year, against 20.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 134.8%**. Earnings per share rose 134.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.3×**. It would take 0.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 1.30** (quick 1.30). Current assets cover the next year's liabilities 1.30 times.
- **Altman Z-score: 1.79**. A Z-score of 1.79 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Spire Global Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -21.5%** (YTD 13.9%, 3-mo -30.5%). The shares are down 21.5% over twelve months including dividends.
- **From 52-week high: -66.4%** (31.8% above the low). Trading 66% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 3.48** (volatility 101%). Beta of 3.48 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SPIR · Page: https://foliofundamentals.com/stocks/spir

Not investment advice.