Spire Global (STU:EL9) Total Operating Expense: €98.17 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:EL9 Spire Global Inc STU:EL9
59 GF Score
Price €11.80
GF Value €3.70
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Spire Global Total Operating Expense?

Spire Global STU:EL9 -7.81% 59 Total Operating Expense is €98.17 Mil as of Mar. 2026. GuruFocus rates STU:EL9 with a GF Score™ of 59/100 and a GF Value™ of €3.70 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Spire Global's Total Operating Expense for the three months ended in Mar. 2026 was €25.93 Mil. Spire Global's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €98.17 Mil.


Spire Global Total Operating Expense Related Terms


Spire Global Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Spire Global's Total Operating Expense 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 Total Operating Expense Chart

Spire Global Annual Data
Trend Dec20 Oct21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 13.55 90.12 88.60 100.95 99.08

Spire Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 29.45 27.57 21.89 22.79 25.93
STU:EL9
59GF Score
Spire Global Inc STU:EL9
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spire Global Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €98.17 Mil.

* 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.

What does a Total Operating Expense of €98.17 Mil mean?
Spire Global (STU:EL9) has a Total Operating Expense of €98.17 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Spire Global and its competitors.
Is Spire Global's Total Operating Expense too high?
Spire Global's current Total Operating Expense is €98.17 Mil. Overall, Spire Global has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spire Global's Total Operating Expense compare to CASS and QUAD?
Spire Global's Total Operating Expense of €98.17 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 Total Operating Expense for a Business Services company?
A good Total Operating Expense depends on the Business Services industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Spire Global and its competitors. Spire Global's current Total Operating Expense is €98.17 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 €3.70, compared to a current price of €11.80 — trading 218.9% above its estimated fair value. The current Total Operating Expense is €98.17 Mil. Spire Global's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Spire Global (STU:EL9), the current Total Operating Expense is €98.17 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 €11.80 is trading 218.9% above its estimated GF Value™ of €3.70. GuruFocus considers Spire Global to be Significantly Overvalued.

Key valuation signals for STU:EL9:

  • Total Operating Expense: €98.17 Mil
  • GF Value™: €3.70 vs. price of €11.80 (218.9% above fair value)
  • GF Score™: 59/100 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.
59GF Score

Get the complete analysis for STU:EL9

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.80
Price
€3.70
GF Value