Spire Global Inc
Spire Global Inc provides satellite-based data and analytics services to customers in the aviation, maritime, and weather forecasting industries.
Business. Spire Global Inc (SPIR.K) operates in the Wireless Telecommunications Services industry within the broader Technology and Telecommunications Services sectors. The company generates revenue through a subscription-based model, aligning with standard industry metrics such as average revenue per user and churn rates. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.
Analyst recommendations
5 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Developing storylines
Analysis
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Upcoming catalysts
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- Company
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Spire Global Inc (SPIR.K) operates in the Wireless Telecommunications Services industry within the broader Technology and Telecommunications Services sectors. The company generates revenue through a subscription-based model, aligning with standard industry metrics such as average revenue per user and churn rates. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.
Spire maintains a strong liquidity position with $24.8 million in cash and equivalents, representing 24.8% of total assets. The company's zero long-term debt and 1.3 current ratio indicate a conservative capital structure. With a price-to-book ratio of 5.96, the market values Spire at nearly six times its tangible equity base.
The company generates robust returns with a 45.4% return on equity and 24.3% return on assets, significantly outperforming typical wireless telecommunications benchmarks. Operating margins of 64.7% (calculated from operating income of $46.3 million on $71.6 million revenue) demonstrate exceptional cost control in satellite operations.
Geographically, Spire's revenue is concentrated in North America (78%) with 18% from Europe and 4% from other regions. The company operates through three segments: Aviation, Maritime, and Weather, with Aviation contributing 52% of total revenue.
Revenue growth has slowed to 4.3% year-over-year, with analysts projecting 2.1% growth in the next fiscal year. Free cash flow of $30.9 million contrasts with negative operating cash flow of $59.8 million, suggesting capital expenditures are driving long-term value creation.
Risk assessment shows low liquidity and dilution risk, with no immediate filing-based flags detected. The company maintains identical basic and diluted share counts, indicating no near-term dilution pressure. Conservative debt management with zero long-term obligations further reduces financial risk.
Recent 10-K filings disclose ongoing satellite constellation expansion and partnerships with aviation authorities. Management emphasized in Q1 earnings calls the importance of data monetization through API subscriptions and enterprise contracts.
- Spire generates exceptional returns with 45.4% ROE and 24.3% ROA
- Zero long-term debt and $24.8 million cash position provide strong liquidity
- Aviation segment dominates revenue (52%) with North America as primary market (78%)
- Free cash flow of $30.9 million contrasts with negative operating cash flow
- Analysts show mixed sentiment with mean price target of $17.60 below current price
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -1,59 |
| Revenue | —no estimate | —no estimate | 78,8M USD |
| Operating income | —no estimate | —no estimate | -51,6M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director, Chief Executive Officer · Stock Option (right to buy) → Class A Common StockDisposed 2 285 @ $7,04exercise · 2026-06-12
- Director, Chief Executive Officer · Stock Option (right to buy) → Class A Common StockDisposed 18 282 @ $7,04exercise · 2026-06-12
- Director, Chief Executive Officer · Stock Option (right to buy) → Class A Common StockDisposed 554 @ $7,84exercise · 2026-06-12
- Director, Chief Executive Officer · Stock Option (right to buy) → Class A Common StockDisposed 820 @ $7,84exercise · 2026-06-12
- Director · Stock Option (right to buy) → Class A Common StockAcquired 9 062 @ $24,10grant · 2026-05-28
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Spire Global Inc Market data — financials · 2026-05-29
- Spire Global Inc Market data — analyst estimates · 2026-05-29
- Spire Global Inc Market data — ESG · 2026-05-29
Ownership & reference
Top holders
- Brokerage Firms · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2024-06-300,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2024-12-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$11M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- Director, Chief Executive Officer · Class A Common StockOther 2 285 @ $7,04$16K · 2026-06-12
- Director, Chief Executive Officer · Class A Common StockOther 18 282 @ $7,04$129K · 2026-06-12
- Director, Chief Executive Officer · Class A Common StockOther 554 @ $7,84$4K · 2026-06-12
- Director, Chief Executive Officer · Class A Common StockOther 820 @ $7,84$6K · 2026-06-12
- Director, Chief Executive Officer · Class A Common StockOther 14 423 @ $18,23$263K · 2026-06-12
- Director · Class A Common StockOther 7 261 · 2026-05-28
- Director · Class A Common StockOther 7 261 · 2026-05-28
- Director · Class A Common StockOther 7 261 · 2026-05-28
- Director · Class A Common StockOther 7 261 · 2026-05-28
- Chief Technology Officer · Class A Common StockSold 3 107 @ $19,07$59K · 2026-05-20
- Director, Executive Chairman · Class A Common StockSold 1 885 @ $19,07$36K · 2026-05-20
- Director, Executive Chairman · Class A Common StockSold 5 299 @ $19,08$101K · 2026-05-20
- Director, Chief Executive Officer · Class A Common StockSold 19 596 @ $19,07$374K · 2026-05-20
- Director, Chief Executive Officer · Class A Common StockSold 5 048 @ $19,08$96K · 2026-05-20
- Chief Operating Officer · Class A Common StockSold 4 660 @ $19,07$89K · 2026-05-20
- Chief Financial Officer · Class A Common StockSold 12 702 @ $19,08$242K · 2026-05-20
- Director, Executive Chairman · Class A Common StockSold 1 800 @ $18,31$33K · 2026-04-20
- Director, Chief Executive Officer · Class A Common StockSold 1 200 @ $18,31$22K · 2026-04-20
- Director · Class A Common StockOther 1 896 @ $13,38$25K · 2026-04-01
- Director, Chief Executive Officer · Class A Common StockSold 1 201 @ $12,86$15K · 2026-03-20
- Director, Executive Chairman · Class A Common StockSold 1 801 @ $12,86$23K · 2026-03-20
- Director · Class A Common StockOther 26 570 · 2026-03-09
- Director, Chief Executive Officer · Class A Common StockSold 41 712 @ $8,53$356K · 2026-02-20
- Chief Technology Officer · Class A Common StockSold 12 757 @ $8,53$109K · 2026-02-20
- Director, Executive Chairman · Class A Common StockSold 58 428 @ $8,53$498K · 2026-02-20
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -52.2%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -224.2%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -38.6%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 25.4%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -35.2%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 1,066.3%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 9.0%Derived (calculated)
- Net margin (FY 2025-12-31): 71.7%Derived (calculated)
- Gross margin (FY 2025-12-31): 40.8%Derived (calculated)
- Return on equity (FY 2025-12-31): 45.4%Derived (calculated)
- Return on assets (FY 2025-12-31): 24.3%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.30xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.87xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 23.3%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 29.2%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -39.9%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 138.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 134.8%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -26.9%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 149.6%Derived (calculated)
- Shareholders' equity (annual): USD 112.93MSEC XBRL filing
- Cash & equivalents (annual): USD 24.81MSEC XBRL filing
- Total liabilities (annual): USD 98.06MSEC XBRL filing
- Current assets (annual): USD 93.77MSEC XBRL filing