Beta Technologies vs Spire Global
Spire Global is the larger business, with $71.6m of revenue in fiscal 2025 against $35.6m for Beta Technologies (2.0 times as much). Beta Technologies grew faster (136.0% against -35.2%). Spire Global kept more of each dollar of sales as profit: a net margin of 71.7% against -2094.2%. Spire Global carries less debt relative to equity (0.0% against 11.1%).
| Latest fiscal year | Beta TechnologiesBETA, 2025 | Spire GlobalSPIR, 2025 |
|---|---|---|
| Revenue | $35.6m | $71.6m |
| Revenue growth | 136.0% | -35.2% |
| Net income | −$746m | $51.3m |
| Operating margin | -1046.3% | -134.1% |
| Net margin | -2094.2% | 71.7% |
| Return on equity | -66.2% | 101.4% |
| Free cash flow | −$313m | −$92.6m |
| Cash | $1.71bn | $24.8m |
| Total debt | $201m | $0 |
| Debt to equity | 11.1% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | — |
| Employees | 1,008 | 377 |
| Market value | $4.73bn | $327m |
| Price vs our value range | — | — |
| Moat score | — | 20 (Weak) |
| Insider trades, 12 months | 10 buys, 65 sales | 0 buys, 29 sales |