Abstract. GPS radio occultation (RO) is characterized by high accuracy and excellent height resolution, which has great advantages in analyzing atmospheric structures including small-scale vertical fluctuations. The vertical resolution of the geometrical optics (GO) method in the stratosphere is about 1.5 km due to Fresnel radius limitations, but full spectrum inversion (FSI) can provide superior resolutions. We applied FSI to COSMIC GPS-RO profiles from ground level up to 30 km altitude, although basic retrieval at UCAR/CDAAC sets the sewing height from GO to FSI below the tropopause. We validated FSI temperature profiles with routine high-resolution radiosonde data in Malaysia and North America collected within 400 km and about 30 min of the GPS RO events. The average discrepancy at 10-30 km altitude was less than 0.5 K, and the bias was equivalent with the GO results.Using the FSI results, we analyzed the vertical wave number spectrum of normalized temperature fluctuations in the stratosphere at 20-30 km altitude, which exhibits good consistency with the model spectra of saturated gravity waves. We investigated the white noise floor that tends to appear at high wave numbers, and the substantial vertical resolution of the FSI method was estimated as about 100-200 m in the lower stratosphere. We also examined a criterion for the upper limit of the FSI profiles, beyond which bending angle perturbations due to system noises, etc., could exceed atmospheric excess phase fluctuations. We found that the FSI profiles can be used up to about 28 km in studies of temperature fluctuations with vertical wave lengths as short as 0.5 km.