vs
Side-by-side financial comparison of CPI AEROSTRUCTURES INC (CVU) and Spire Global, Inc. (SPIR). Click either name above to swap in a different company.
CPI AEROSTRUCTURES INC is the larger business by last-quarter revenue ($19.4M vs $15.8M, roughly 1.2× Spire Global, Inc.). CPI AEROSTRUCTURES INC runs the higher net margin — 3.6% vs -176.6%, a 180.2% gap on every dollar of revenue. On growth, CPI AEROSTRUCTURES INC posted the faster year-over-year revenue change (-10.8% vs -26.9%). CPI AEROSTRUCTURES INC produced more free cash flow last quarter ($-2.1M vs $-16.2M). Over the past eight quarters, CPI AEROSTRUCTURES INC's revenue compounded faster (0.9% CAGR vs -32.6%).
CPI Aerostructures Inc., known as CPI Aero, is a contract aircraft component manufacturer based in Edgewood, New York.
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.
CVU vs SPIR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $19.4M | $15.8M |
| Net Profit | $691.8K | $-28.0M |
| Gross Margin | 20.3% | 40.2% |
| Operating Margin | 6.4% | -164.1% |
| Net Margin | 3.6% | -176.6% |
| Revenue YoY | -10.8% | -26.9% |
| Net Profit YoY | -28.8% | 42.7% |
| EPS (diluted) | $0.04 | $-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.
| Q4 25 | $19.4M | $15.8M | ||
| Q3 25 | $19.3M | $12.7M | ||
| Q2 25 | $15.2M | $19.2M | ||
| Q1 25 | $15.4M | $23.9M | ||
| Q4 24 | $21.8M | $21.7M | ||
| Q3 24 | $19.4M | $28.6M | ||
| Q2 24 | $20.8M | $25.4M | ||
| Q1 24 | $19.1M | $34.8M |
| Q4 25 | $691.8K | $-28.0M | ||
| Q3 25 | $1.1M | $-19.7M | ||
| Q2 25 | $-1.3M | $119.6M | ||
| Q1 25 | $-1.3M | $-20.7M | ||
| Q4 24 | $971.5K | $-48.8M | ||
| Q3 24 | $749.7K | $-12.5M | ||
| Q2 24 | $1.4M | $-16.6M | ||
| Q1 24 | $168.2K | $-25.5M |
| Q4 25 | 20.3% | 40.2% | ||
| Q3 25 | 22.3% | 36.6% | ||
| Q2 25 | 4.4% | 48.9% | ||
| Q1 25 | 10.7% | 36.8% | ||
| Q4 24 | 20.0% | 32.4% | ||
| Q3 24 | 21.7% | 44.5% | ||
| Q2 24 | 24.6% | 43.0% | ||
| Q1 24 | 18.6% | 26.5% |
| Q4 25 | 6.4% | -164.1% | ||
| Q3 25 | 9.1% | -166.1% | ||
| Q2 25 | -13.1% | -122.7% | ||
| Q1 25 | -7.7% | -106.5% | ||
| Q4 24 | 9.5% | -144.1% | ||
| Q3 24 | 7.6% | -48.0% | ||
| Q2 24 | 11.2% | -48.6% | ||
| Q1 24 | 4.4% | -34.4% |
| Q4 25 | 3.6% | -176.6% | ||
| Q3 25 | 5.8% | -155.3% | ||
| Q2 25 | -8.7% | 623.4% | ||
| Q1 25 | -8.6% | -86.5% | ||
| Q4 24 | 4.5% | -225.2% | ||
| Q3 24 | 3.9% | -43.7% | ||
| Q2 24 | 6.8% | -65.2% | ||
| Q1 24 | 0.9% | -73.3% |
| Q4 25 | $0.04 | $-0.85 | ||
| Q3 25 | $0.09 | $-0.61 | ||
| Q2 25 | $-0.10 | $3.72 | ||
| Q1 25 | $-0.10 | $-0.77 | ||
| Q4 24 | $0.08 | $-1.93 | ||
| Q3 24 | $0.06 | $-0.50 | ||
| Q2 24 | $0.11 | $-0.68 | ||
| Q1 24 | $0.01 | $-1.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $81.8M |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $25.8M | $112.9M |
| Total Assets | $75.2M | $211.0M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $81.8M | ||
| Q3 25 | — | $96.8M | ||
| Q2 25 | — | $117.6M | ||
| Q1 25 | — | $35.9M | ||
| Q4 24 | — | $19.2M | ||
| Q3 24 | — | $36.6M | ||
| Q2 24 | — | $45.8M | ||
| Q1 24 | — | $63.7M |
| Q4 25 | $0 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $103.7M | ||
| Q4 24 | $26.5K | $103.1M | ||
| Q3 24 | — | $4.9M | ||
| Q2 24 | — | $4.9M | ||
| Q1 24 | — | $123.1M |
| Q4 25 | $25.8M | $112.9M | ||
| Q3 25 | $25.0M | $133.1M | ||
| Q2 25 | $23.8M | $149.2M | ||
| Q1 25 | $24.9M | $3.7M | ||
| Q4 24 | $25.9M | $-11.7M | ||
| Q3 24 | $24.9M | $30.8M | ||
| Q2 24 | $24.1M | $40.3M | ||
| Q1 24 | $22.5M | $52.5M |
| Q4 25 | $75.2M | $211.0M | ||
| Q3 25 | $74.1M | $224.3M | ||
| Q2 25 | $72.3M | $239.5M | ||
| Q1 25 | $65.4M | $208.8M | ||
| Q4 24 | $68.0M | $193.6M | ||
| Q3 24 | $68.9M | $224.2M | ||
| Q2 24 | $70.2M | $230.8M | ||
| Q1 24 | $70.8M | $252.3M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 27.92× | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.1M | $-4.3M |
| Free Cash FlowOCF − Capex | $-2.1M | $-16.2M |
| FCF MarginFCF / Revenue | -10.8% | -102.1% |
| Capex IntensityCapex / Revenue | 0.0% | 75.1% |
| Cash ConversionOCF / Net Profit | -3.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-5.3M | $-92.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.1M | $-4.3M | ||
| Q3 25 | $212.1K | $-12.0M | ||
| Q2 25 | $-596.3K | $-35.1M | ||
| Q1 25 | $-2.7M | $-8.4M | ||
| Q4 24 | $4.4M | $-19.2M | ||
| Q3 24 | $715.1K | $14.0M | ||
| Q2 24 | $-591.7K | $-4.4M | ||
| Q1 24 | $-960.5K | $-8.8M |
| Q4 25 | $-2.1M | $-16.2M | ||
| Q3 25 | $211.1K | $-20.4M | ||
| Q2 25 | $-599.8K | $-38.7M | ||
| Q1 25 | $-2.8M | $-17.3M | ||
| Q4 24 | $4.3M | $-24.3M | ||
| Q3 24 | $586.9K | $5.1M | ||
| Q2 24 | $-746.9K | $-9.9M | ||
| Q1 24 | $-1.0M | $-15.9M |
| Q4 25 | -10.8% | -102.1% | ||
| Q3 25 | 1.1% | -161.3% | ||
| Q2 25 | -4.0% | -201.7% | ||
| Q1 25 | -18.1% | -72.6% | ||
| Q4 24 | 19.9% | -112.2% | ||
| Q3 24 | 3.0% | 17.8% | ||
| Q2 24 | -3.6% | -39.0% | ||
| Q1 24 | -5.3% | -45.7% |
| Q4 25 | 0.0% | 75.1% | ||
| Q3 25 | 0.0% | 66.2% | ||
| Q2 25 | 0.0% | 18.8% | ||
| Q1 25 | 0.4% | 37.3% | ||
| Q4 24 | 0.3% | 23.5% | ||
| Q3 24 | 0.7% | 31.2% | ||
| Q2 24 | 0.7% | 21.8% | ||
| Q1 24 | 0.2% | 20.3% |
| Q4 25 | -3.03× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | — | -0.29× | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.53× | — | ||
| Q3 24 | 0.95× | — | ||
| Q2 24 | -0.42× | — | ||
| Q1 24 | -5.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVU
| Government Subcontracts | $16.4M | 85% |
| Commercial Contracts | $2.3M | 12% |
| Prime Government Contracts | $725.8K | 4% |
SPIR
Segment breakdown not available.
