vs

Side-by-side financial comparison of Assertio Holdings, Inc. (ASRT) and Spire Global, Inc. (SPIR). Click either name above to swap in a different company.

Spire Global, Inc. is the larger business by last-quarter revenue ($15.8M vs $13.5M, roughly 1.2× Assertio Holdings, Inc.). On growth, Spire Global, Inc. posted the faster year-over-year revenue change (-26.9% vs -57.9%). Over the past eight quarters, Spire Global, Inc.'s revenue compounded faster (-32.6% CAGR vs -35.4%).

Assertio Therapeutics, Inc. is an American specialty pharmaceutical company. It mainly markets products for treatment in neurology, pain and diseases of the central nervous system. Depomed was founded in 1995 and is headquartered in Newark, California. It is a publicly traded company on NASDAQ, with several products approved by the United States Food and Drug Administration (FDA). On August 15, 2018, the company announced its name change from Depomed, Inc., to Assertio Therapeutics, Inc. As o...

Spire Global, Inc. is a space-to-cloud data and analytics company that specializes in the tracking of global data sets powered by a large constellation of nanosatellites, such as the tracking of maritime, aviation and weather patterns.

ASRT vs SPIR — Head-to-Head

Bigger by revenue
SPIR
SPIR
1.2× larger
SPIR
$15.8M
$13.5M
ASRT
Growing faster (revenue YoY)
SPIR
SPIR
+31.0% gap
SPIR
-26.9%
-57.9%
ASRT
Faster 2-yr revenue CAGR
SPIR
SPIR
Annualised
SPIR
-32.6%
-35.4%
ASRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASRT
ASRT
SPIR
SPIR
Revenue
$13.5M
$15.8M
Net Profit
$-28.0M
Gross Margin
40.2%
Operating Margin
-86.7%
-164.1%
Net Margin
-176.6%
Revenue YoY
-57.9%
-26.9%
Net Profit YoY
42.7%
EPS (diluted)
$-4.54
$-0.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASRT
ASRT
SPIR
SPIR
Q4 25
$13.5M
$15.8M
Q3 25
$49.5M
$12.7M
Q2 25
$29.2M
$19.2M
Q1 25
$26.5M
$23.9M
Q4 24
$32.2M
$21.7M
Q3 24
$29.2M
$28.6M
Q2 24
$31.1M
$25.4M
Q1 24
$32.4M
$34.8M
Net Profit
ASRT
ASRT
SPIR
SPIR
Q4 25
$-28.0M
Q3 25
$11.4M
$-19.7M
Q2 25
$-16.4M
$119.6M
Q1 25
$-13.5M
$-20.7M
Q4 24
$-48.8M
Q3 24
$-2.9M
$-12.5M
Q2 24
$-3.7M
$-16.6M
Q1 24
$-4.5M
$-25.5M
Gross Margin
ASRT
ASRT
SPIR
SPIR
Q4 25
40.2%
Q3 25
36.6%
Q2 25
48.9%
Q1 25
36.8%
Q4 24
32.4%
Q3 24
44.5%
Q2 24
43.0%
Q1 24
26.5%
Operating Margin
ASRT
ASRT
SPIR
SPIR
Q4 25
-86.7%
-164.1%
Q3 25
23.2%
-166.1%
Q2 25
-27.5%
-122.7%
Q1 25
-50.0%
-106.5%
Q4 24
-41.9%
-144.1%
Q3 24
-10.4%
-48.0%
Q2 24
-11.6%
-48.6%
Q1 24
-13.4%
-34.4%
Net Margin
ASRT
ASRT
SPIR
SPIR
Q4 25
-176.6%
Q3 25
23.1%
-155.3%
Q2 25
-56.0%
623.4%
Q1 25
-51.1%
-86.5%
Q4 24
-225.2%
Q3 24
-10.0%
-43.7%
Q2 24
-11.8%
-65.2%
Q1 24
-13.9%
-73.3%
EPS (diluted)
ASRT
ASRT
SPIR
SPIR
Q4 25
$-4.54
$-0.85
Q3 25
$0.11
$-0.61
Q2 25
$-0.17
$3.72
Q1 25
$-0.14
$-0.77
Q4 24
$-3.28
$-1.93
Q3 24
$-0.03
$-0.50
Q2 24
$-0.04
$-0.68
Q1 24
$-0.05
$-1.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASRT
ASRT
SPIR
SPIR
Cash + ST InvestmentsLiquidity on hand
$63.4M
$81.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$94.0M
$112.9M
Total Assets
$267.0M
$211.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASRT
ASRT
SPIR
SPIR
Q4 25
$63.4M
$81.8M
Q3 25
$93.4M
$96.8M
Q2 25
$98.2M
$117.6M
Q1 25
$87.3M
$35.9M
Q4 24
$100.1M
$19.2M
Q3 24
$88.6M
$36.6M
Q2 24
$88.4M
$45.8M
Q1 24
$80.7M
$63.7M
Total Debt
ASRT
ASRT
SPIR
SPIR
Q4 25
Q3 25
Q2 25
Q1 25
$103.7M
Q4 24
$103.1M
Q3 24
$4.9M
Q2 24
$4.9M
Q1 24
$38.6M
$123.1M
Stockholders' Equity
ASRT
ASRT
SPIR
SPIR
Q4 25
$94.0M
$112.9M
Q3 25
$105.8M
$133.1M
Q2 25
$93.3M
$149.2M
Q1 25
$108.5M
$3.7M
Q4 24
$121.1M
$-11.7M
Q3 24
$130.5M
$30.8M
Q2 24
$132.2M
$40.3M
Q1 24
$134.5M
$52.5M
Total Assets
ASRT
ASRT
SPIR
SPIR
Q4 25
$267.0M
$211.0M
Q3 25
$319.8M
$224.3M
Q2 25
$273.8M
$239.5M
Q1 25
$286.4M
$208.8M
Q4 24
$284.7M
$193.6M
Q3 24
$276.0M
$224.2M
Q2 24
$279.4M
$230.8M
Q1 24
$282.0M
$252.3M
Debt / Equity
ASRT
ASRT
SPIR
SPIR
Q4 25
Q3 25
Q2 25
Q1 25
27.92×
Q4 24
Q3 24
0.16×
Q2 24
0.12×
Q1 24
0.29×
2.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASRT
ASRT
SPIR
SPIR
Operating Cash FlowLast quarter
$-30.0M
$-4.3M
Free Cash FlowOCF − Capex
$-16.2M
FCF MarginFCF / Revenue
-102.1%
Capex IntensityCapex / Revenue
75.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-92.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASRT
ASRT
SPIR
SPIR
Q4 25
$-30.0M
$-4.3M
Q3 25
$-4.8M
$-12.0M
Q2 25
$19.1M
$-35.1M
Q1 25
$-12.5M
$-8.4M
Q4 24
$11.5M
$-19.2M
Q3 24
$-35.0K
$14.0M
Q2 24
$7.4M
$-4.4M
Q1 24
$7.5M
$-8.8M
Free Cash Flow
ASRT
ASRT
SPIR
SPIR
Q4 25
$-16.2M
Q3 25
$-20.4M
Q2 25
$-38.7M
Q1 25
$-17.3M
Q4 24
$-24.3M
Q3 24
$5.1M
Q2 24
$-9.9M
Q1 24
$-15.9M
FCF Margin
ASRT
ASRT
SPIR
SPIR
Q4 25
-102.1%
Q3 25
-161.3%
Q2 25
-201.7%
Q1 25
-72.6%
Q4 24
-112.2%
Q3 24
17.8%
Q2 24
-39.0%
Q1 24
-45.7%
Capex Intensity
ASRT
ASRT
SPIR
SPIR
Q4 25
75.1%
Q3 25
66.2%
Q2 25
18.8%
Q1 25
37.3%
Q4 24
23.5%
Q3 24
0.0%
31.2%
Q2 24
21.8%
Q1 24
20.3%
Cash Conversion
ASRT
ASRT
SPIR
SPIR
Q4 25
Q3 25
-0.42×
Q2 25
-0.29×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASRT
ASRT

Products$12.8M95%
Other$719.0K5%

SPIR
SPIR

Segment breakdown not available.

Related Comparisons