# Spire Global Inc. (SPIR) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Professional Services. Price $11.98, market value $487 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: 7.8×**. Each dollar of revenue is priced at 7.8×.
- **Price / book: 4.4×**. The shares trade at 4.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -20.5%** (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.
- **Altman Z-score: 2.56**. A Z-score of 2.56 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

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

## Analyst view
- **Analyst consensus: strong_buy** (4 analysts). 4 analysts cover Spire Global Inc.; the consensus is strong_buy, with an average price target of $20.88 (+74% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 36.8%** (YTD 59.7%, 3-mo -30.2%). The shares are up 36.8% over twelve months including dividends.
- **From 52-week high: -53.8%** (81.5% above the low). Trading 54% 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): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 3.56** (volatility 104%). Beta of 3.56 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.