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Side-by-side financial comparison of Eightco Holdings Inc. (ORBS) 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 $10.2M, roughly 1.6× Eightco Holdings Inc.). Spire Global, Inc. runs the higher net margin — -176.6% vs -2281.6%, a 2105.0% gap on every dollar of revenue. On growth, Spire Global, Inc. posted the faster year-over-year revenue change (-26.9% vs -49.9%). Eightco Holdings Inc. produced more free cash flow last quarter ($-11.0M vs $-16.2M). Over the past eight quarters, Eightco Holdings Inc.'s revenue compounded faster (13.1% CAGR vs -32.6%).
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.
ORBS vs SPIR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.2M | $15.8M |
| Net Profit | $-232.5M | $-28.0M |
| Gross Margin | -13.0% | 40.2% |
| Operating Margin | -475.0% | -164.1% |
| Net Margin | -2281.6% | -176.6% |
| Revenue YoY | -49.9% | -26.9% |
| Net Profit YoY | -9183.3% | 42.7% |
| EPS (diluted) | $-2.34 | $-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 | $10.2M | $15.8M | ||
| Q3 25 | $5.3M | $12.7M | ||
| Q2 25 | $7.6M | $19.2M | ||
| Q1 25 | $9.9M | $23.9M | ||
| Q4 24 | $20.3M | $21.7M | ||
| Q3 24 | $6.1M | $28.6M | ||
| Q2 24 | $5.3M | $25.4M | ||
| Q1 24 | $8.0M | $34.8M |
| Q4 25 | $-232.5M | $-28.0M | ||
| Q3 25 | $-25.8M | $-19.7M | ||
| Q2 25 | $-1.2M | $119.6M | ||
| Q1 25 | $-2.5M | $-20.7M | ||
| Q4 24 | $-2.5M | $-48.8M | ||
| Q3 24 | $-3.2M | $-12.5M | ||
| Q2 24 | $4.4M | $-16.6M | ||
| Q1 24 | $1.9M | $-25.5M |
| Q4 25 | -13.0% | 40.2% | ||
| Q3 25 | -3.7% | 36.6% | ||
| Q2 25 | 16.4% | 48.9% | ||
| Q1 25 | 8.2% | 36.8% | ||
| Q4 24 | 8.2% | 32.4% | ||
| Q3 24 | 26.5% | 44.5% | ||
| Q2 24 | 25.1% | 43.0% | ||
| Q1 24 | 17.5% | 26.5% |
| Q4 25 | -475.0% | -164.1% | ||
| Q3 25 | -116.9% | -166.1% | ||
| Q2 25 | -15.9% | -122.7% | ||
| Q1 25 | -14.3% | -106.5% | ||
| Q4 24 | -11.9% | -144.1% | ||
| Q3 24 | -29.1% | -48.0% | ||
| Q2 24 | -16.4% | -48.6% | ||
| Q1 24 | -39.6% | -34.4% |
| Q4 25 | -2281.6% | -176.6% | ||
| Q3 25 | -487.6% | -155.3% | ||
| Q2 25 | -15.4% | 623.4% | ||
| Q1 25 | -25.7% | -86.5% | ||
| Q4 24 | -12.3% | -225.2% | ||
| Q3 24 | -52.5% | -43.7% | ||
| Q2 24 | 84.2% | -65.2% | ||
| Q1 24 | 24.4% | -73.3% |
| Q4 25 | $-2.34 | $-0.85 | ||
| Q3 25 | $-0.58 | $-0.61 | ||
| Q2 25 | $-0.38 | $3.72 | ||
| Q1 25 | $-0.84 | $-0.77 | ||
| Q4 24 | $-1.44 | $-1.93 | ||
| Q3 24 | $-1.77 | $-0.50 | ||
| Q2 24 | $2.15 | $-0.68 | ||
| Q1 24 | $1.42 | $-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 | $58.5M | $81.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $232.6M | $112.9M |
| Total Assets | $250.2M | $211.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $58.5M | $81.8M | ||
| Q3 25 | $23.7M | $96.8M | ||
| Q2 25 | $696.3K | $117.6M | ||
| Q1 25 | $434.4K | $35.9M | ||
| Q4 24 | $239.2K | $19.2M | ||
| Q3 24 | $2.4M | $36.6M | ||
| Q2 24 | $363.1K | $45.8M | ||
| Q1 24 | $808.8K | $63.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $103.7M | ||
| Q4 24 | — | $103.1M | ||
| Q3 24 | — | $4.9M | ||
| Q2 24 | — | $4.9M | ||
| Q1 24 | — | $123.1M |
| Q4 25 | $232.6M | $112.9M | ||
| Q3 25 | $339.2M | $133.1M | ||
| Q2 25 | $8.9M | $149.2M | ||
| Q1 25 | $9.7M | $3.7M | ||
| Q4 24 | $11.9M | $-11.7M | ||
| Q3 24 | $13.0M | $30.8M | ||
| Q2 24 | $13.8M | $40.3M | ||
| Q1 24 | $3.9M | $52.5M |
| Q4 25 | $250.2M | $211.0M | ||
| Q3 25 | $355.5M | $224.3M | ||
| Q2 25 | $48.7M | $239.5M | ||
| Q1 25 | $47.6M | $208.8M | ||
| Q4 24 | $50.8M | $193.6M | ||
| Q3 24 | $49.2M | $224.2M | ||
| Q2 24 | $48.4M | $230.8M | ||
| Q1 24 | $50.2M | $252.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 27.92× | ||
| Q4 24 | — | — | ||
| 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 | $-11.0M | $-4.3M |
| Free Cash FlowOCF − Capex | $-11.0M | $-16.2M |
| FCF MarginFCF / Revenue | -107.7% | -102.1% |
| Capex IntensityCapex / Revenue | 0.0% | 75.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-92.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.0M | $-4.3M | ||
| Q3 25 | $-1.6M | $-12.0M | ||
| Q2 25 | $-659.2K | $-35.1M | ||
| Q1 25 | $999.8K | $-8.4M | ||
| Q4 24 | $-6.6M | $-19.2M | ||
| Q3 24 | $77.7K | $14.0M | ||
| Q2 24 | $-440.3K | $-4.4M | ||
| Q1 24 | $-723.3K | $-8.8M |
| Q4 25 | $-11.0M | $-16.2M | ||
| Q3 25 | — | $-20.4M | ||
| Q2 25 | $-661.3K | $-38.7M | ||
| Q1 25 | $999.7K | $-17.3M | ||
| Q4 24 | $-6.6M | $-24.3M | ||
| Q3 24 | $73.0K | $5.1M | ||
| Q2 24 | — | $-9.9M | ||
| Q1 24 | — | $-15.9M |
| Q4 25 | -107.7% | -102.1% | ||
| Q3 25 | — | -161.3% | ||
| Q2 25 | -8.7% | -201.7% | ||
| Q1 25 | 10.1% | -72.6% | ||
| Q4 24 | -32.7% | -112.2% | ||
| Q3 24 | 1.2% | 17.8% | ||
| Q2 24 | — | -39.0% | ||
| Q1 24 | — | -45.7% |
| Q4 25 | 0.0% | 75.1% | ||
| Q3 25 | 0.0% | 66.2% | ||
| Q2 25 | 0.0% | 18.8% | ||
| Q1 25 | 0.0% | 37.3% | ||
| Q4 24 | 0.0% | 23.5% | ||
| Q3 24 | 0.1% | 31.2% | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | — | 20.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.29× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.10× | — | ||
| Q1 24 | -0.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
