vs

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

Foxx Development Holdings Inc. is the larger business by last-quarter revenue ($16.7M vs $15.8M, roughly 1.1× Spire Global, Inc.). Foxx Development Holdings Inc. runs the higher net margin — -25.6% vs -176.6%, a 151.0% gap on every dollar of revenue. On growth, Foxx Development Holdings Inc. posted the faster year-over-year revenue change (-4.4% vs -26.9%).

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.

FOXX vs SPIR — Head-to-Head

Bigger by revenue
FOXX
FOXX
1.1× larger
FOXX
$16.7M
$15.8M
SPIR
Growing faster (revenue YoY)
FOXX
FOXX
+22.6% gap
FOXX
-4.4%
-26.9%
SPIR
Higher net margin
FOXX
FOXX
151.0% more per $
FOXX
-25.6%
-176.6%
SPIR

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FOXX
FOXX
SPIR
SPIR
Revenue
$16.7M
$15.8M
Net Profit
$-4.3M
$-28.0M
Gross Margin
13.3%
40.2%
Operating Margin
-13.3%
-164.1%
Net Margin
-25.6%
-176.6%
Revenue YoY
-4.4%
-26.9%
Net Profit YoY
-400.9%
42.7%
EPS (diluted)
$-0.62
$-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
FOXX
FOXX
SPIR
SPIR
Q4 25
$16.7M
$15.8M
Q3 25
$20.2M
$12.7M
Q2 25
$13.9M
$19.2M
Q1 25
$11.4M
$23.9M
Q4 24
$17.5M
$21.7M
Q3 24
$23.1M
$28.6M
Q2 24
$25.4M
Q1 24
$34.8M
Net Profit
FOXX
FOXX
SPIR
SPIR
Q4 25
$-4.3M
$-28.0M
Q3 25
$-2.9M
$-19.7M
Q2 25
$-4.1M
$119.6M
Q1 25
$-4.1M
$-20.7M
Q4 24
$1.4M
$-48.8M
Q3 24
$-2.3M
$-12.5M
Q2 24
$-16.6M
Q1 24
$-25.5M
Gross Margin
FOXX
FOXX
SPIR
SPIR
Q4 25
13.3%
40.2%
Q3 25
13.6%
36.6%
Q2 25
10.9%
48.9%
Q1 25
5.8%
36.8%
Q4 24
12.5%
32.4%
Q3 24
1.7%
44.5%
Q2 24
43.0%
Q1 24
26.5%
Operating Margin
FOXX
FOXX
SPIR
SPIR
Q4 25
-13.3%
-164.1%
Q3 25
-4.4%
-166.1%
Q2 25
-15.0%
-122.7%
Q1 25
-31.3%
-106.5%
Q4 24
-12.8%
-144.1%
Q3 24
-7.8%
-48.0%
Q2 24
-48.6%
Q1 24
-34.4%
Net Margin
FOXX
FOXX
SPIR
SPIR
Q4 25
-25.6%
-176.6%
Q3 25
-14.2%
-155.3%
Q2 25
-29.4%
623.4%
Q1 25
-35.9%
-86.5%
Q4 24
8.1%
-225.2%
Q3 24
-9.8%
-43.7%
Q2 24
-65.2%
Q1 24
-73.3%
EPS (diluted)
FOXX
FOXX
SPIR
SPIR
Q4 25
$-0.62
$-0.85
Q3 25
$-0.42
$-0.61
Q2 25
$-0.44
$3.72
Q1 25
$-0.58
$-0.77
Q4 24
$0.20
$-1.93
Q3 24
$-0.65
$-0.50
Q2 24
$-0.68
Q1 24
$-1.17

Balance Sheet & Financial Strength

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

Metric
FOXX
FOXX
SPIR
SPIR
Cash + ST InvestmentsLiquidity on hand
$1.8M
$81.8M
Total DebtLower is stronger
$84.8K
Stockholders' EquityBook value
$-11.8M
$112.9M
Total Assets
$42.0M
$211.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXX
FOXX
SPIR
SPIR
Q4 25
$1.8M
$81.8M
Q3 25
$1.5M
$96.8M
Q2 25
$1.9M
$117.6M
Q1 25
$3.8M
$35.9M
Q4 24
$3.9M
$19.2M
Q3 24
$9.2M
$36.6M
Q2 24
$45.8M
Q1 24
$63.7M
Total Debt
FOXX
FOXX
SPIR
SPIR
Q4 25
$84.8K
Q3 25
$90.2K
Q2 25
$97.2K
Q1 25
$100.5K
$103.7M
Q4 24
$105.5K
$103.1M
Q3 24
$110.3K
$4.9M
Q2 24
$4.9M
Q1 24
$123.1M
Stockholders' Equity
FOXX
FOXX
SPIR
SPIR
Q4 25
$-11.8M
$112.9M
Q3 25
$-7.9M
$133.1M
Q2 25
$-5.4M
$149.2M
Q1 25
$-1.6M
$3.7M
Q4 24
$2.2M
$-11.7M
Q3 24
$457.2K
$30.8M
Q2 24
$40.3M
Q1 24
$52.5M
Total Assets
FOXX
FOXX
SPIR
SPIR
Q4 25
$42.0M
$211.0M
Q3 25
$49.8M
$224.3M
Q2 25
$26.0M
$239.5M
Q1 25
$32.9M
$208.8M
Q4 24
$31.9M
$193.6M
Q3 24
$49.5M
$224.2M
Q2 24
$230.8M
Q1 24
$252.3M
Debt / Equity
FOXX
FOXX
SPIR
SPIR
Q4 25
Q3 25
Q2 25
Q1 25
27.92×
Q4 24
0.05×
Q3 24
0.24×
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
FOXX
FOXX
SPIR
SPIR
Operating Cash FlowLast quarter
$284.2K
$-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
FOXX
FOXX
SPIR
SPIR
Q4 25
$284.2K
$-4.3M
Q3 25
$-376.8K
$-12.0M
Q2 25
$-1.9M
$-35.1M
Q1 25
$-178.4K
$-8.4M
Q4 24
$-4.2M
$-19.2M
Q3 24
$-243.5K
$14.0M
Q2 24
$-4.4M
Q1 24
$-8.8M
Free Cash Flow
FOXX
FOXX
SPIR
SPIR
Q4 25
$-16.2M
Q3 25
$-20.4M
Q2 25
$-38.7M
Q1 25
$-17.3M
Q4 24
$-4.3M
$-24.3M
Q3 24
$-278.5K
$5.1M
Q2 24
$-9.9M
Q1 24
$-15.9M
FCF Margin
FOXX
FOXX
SPIR
SPIR
Q4 25
-102.1%
Q3 25
-161.3%
Q2 25
-201.7%
Q1 25
-72.6%
Q4 24
-24.4%
-112.2%
Q3 24
-1.2%
17.8%
Q2 24
-39.0%
Q1 24
-45.7%
Capex Intensity
FOXX
FOXX
SPIR
SPIR
Q4 25
75.1%
Q3 25
66.2%
Q2 25
0.0%
18.8%
Q1 25
0.0%
37.3%
Q4 24
0.2%
23.5%
Q3 24
0.2%
31.2%
Q2 24
21.8%
Q1 24
20.3%
Cash Conversion
FOXX
FOXX
SPIR
SPIR
Q4 25
Q3 25
Q2 25
-0.29×
Q1 25
Q4 24
-2.97×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons