Spire Global
SPIR
#7779
Rank
NZ$0.36 B
Marketcap
$15.19
Share price
2.79%
Change (1 day)
121.67%
Change (1 year)

Operating Margin for Spire Global (SPIR)

Operating Margin as of October 2024 (TTM): -48.66%

According to Spire Global's latest financial reports and stock price the company's current Operating Margin is -48.66%. At the end of 2023 the company had an Operating Margin of -60.44%.

Operating Margin history for Spire Global from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-60.44%-45.55%
2022-110.99%28.06%
2021-86.67%-23.09%
2020-112.69%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.81%-136.60%๐Ÿ‡บ๐Ÿ‡ธ USA
6.14%-112.62%๐Ÿ‡บ๐Ÿ‡ธ USA
4.62%-109.49%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.25%-91.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.48%-96.96%๐Ÿ‡บ๐Ÿ‡ธ USA
3.82%-107.85%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.