Spire Global (STU:EL9) Construction In Progress: €29.65 Mil (As of Mar. 2026)


STU:EL9 Spire Global Inc STU:EL9
55 GF Score
Price €16.30
GF Value €3.85
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Spire Global Construction In Progress?

Spire Global STU:EL9 +1.24% 55 Construction In Progress is €29.65 Mil as of Mar. 2026. GuruFocus rates STU:EL9 with a GF Score™ of 55/100 and a GF Value™ of €3.85 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Spire Global's quarterly construction in progress declined from Sep. 2025 (€31.88 Mil) to Dec. 2025 (€26.30 Mil) but then increased from Dec. 2025 (€26.30 Mil) to Mar. 2026 (€29.65 Mil).

Spire Global's annual construction in progress increased from Dec. 2023 (€15.21 Mil) to Dec. 2024 (€26.48 Mil) but then declined from Dec. 2024 (€26.48 Mil) to Dec. 2025 (€26.30 Mil).

Spire Global Construction In Progress Historical Data

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The historical data trend for Spire Global's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spire Global Construction In Progress Chart

Spire Global Annual Data
Trend Dec20 Oct21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.00 16.55 15.21 26.48 26.30

Spire Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.38 29.89 31.88 26.30 29.65
STU:EL9
55GF Score
Spire Global Inc STU:EL9
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Spire Global Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €29.65 Mil mean?
Spire Global (STU:EL9) has a Construction In Progress of €29.65 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Spire Global and its competitors.
Is Spire Global's Construction In Progress too high?
Spire Global's current Construction In Progress is €29.65 Mil. Overall, Spire Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spire Global's Construction In Progress compare to CASS and QUAD?
Spire Global's Construction In Progress of €29.65 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Business Services company?
A good Construction In Progress depends on the Business Services industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Spire Global and its competitors. Spire Global's current Construction In Progress is €29.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire Global stock overvalued right now?
Based on GuruFocus' analysis, Spire Global (STU:EL9) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.85, compared to a current price of €16.30 — trading 323.4% above its estimated fair value. The current Construction In Progress is €29.65 Mil. Spire Global's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Spire Global (STU:EL9), the current Construction In Progress is €29.65 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spire Global (STU:EL9) Overvalued in 2026?

Based on GuruFocus' analysis, Spire Global stock appears to be overvalued. The current stock price of €16.30 is trading 323.4% above its estimated GF Value™ of €3.85. GuruFocus considers Spire Global to be Significantly Overvalued.

Key valuation signals for STU:EL9:

  • Construction In Progress: €29.65 Mil
  • GF Value™: €3.85 vs. price of €16.30 (323.4% above fair value)
  • GF Score™: 55/100 with 8 warning signs

No single metric tells the full story. See the STU:EL9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spire Global Business Description

Other Exchanges SPIR:USA
Address 8000 Towers Crescent Drive, Suite 1225, Vienna, VA, USA, 22182
Spire Global Inc provides space-based data, analytics, and space services, offering datasets and insights about Earth to support decision-making. It builds, owns, and operates a constellation of nanosatellites that observe the Earth in real time using radio frequency (RF) technology. Additionally, it offers Space Services solutions that allow customers to deploy and scale their own satellite constellations using its platform, ground station network, manufacturing facilities, and launch partnerships. The company derives revenue from providing data, insights and access to its cloud-based technology platform sold on a subscription basis.
55GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.30
Price
€3.85
GF Value