Their biggest chart success to date, the album debuted at number one in Australia and Canada, number two in the UK Albums Chart, and the US Billboard 200. The album received universal acclaim from music critics.
The band started teasing the album in late June when the band started promoting images of a symbol of an umbrella, all in the form of tattoos, stickers and posters posted around England, which would later be revealed as a promotional symbol for the album's first single. The band later released a short video in early July where the words "That's the spirit" were spoken in reverse. On 13 July, the band announced they had left their previous label Epitaph Records and signed fully with Sony Music subsidiaries RCA and Columbia.
Keyboardist Jordan Fish played the role as producer for the album along with Sykes, considering an external producer unnecessary. The band also hired a personal fitness trainer during the album's recording process.
The band's first single released from the album before its announcement was "Drown" on 21 October 2014. The second single was "Happy Song", released on 12 July 2015. The third was "Throne", which was accompanied with a music video and the official announcement of the album's track listing and cover art. Fish explains that "Throne" reflects the group's then current state of mind both musically and emotionally, going to say that it was one of the most straight forward songs they had recorded, but felt that it was an obvious choice for a single due to its immediate catchy-ness and level of energy. "True Friends", was released as a single on 22 August along an official lyric video. It was also released in form of a limited edition 7" vinyl. A music video for the track "Follow You" was premiered on 16 March 2016 via the band's Vevo channel. It was co-directed by frontman Oliver Sykes and Frank Borin. On 26 February 2016, it was also released as a single in the form of a limited edition 7" vinyl. "Avalanche" was released as a single on 23 June 2016, being played in Radio 1's Big Weekend. A live music video was also premiered for the song. "Oh No" was released as the final single from That's the Spirit on 18 November 2016 in a radio edit version. Its music video was directed by Isaac Eastgate and premiered via Rolling Stone on 3 November 2016.
Like the band's last two albums, That's the Spirit was met with critical acclaim from music critics. At Metacritic (a review aggregator site which assigns a normalised rating out of 100 from music critics), based on 10 critics, the album has received a score of 88/100, which indicates "universal acclaim".
Daniel Furnari of Blunt Magazine wrote: "[On That's the Spirit,] Oli Sykes powers through every enormous chorus and infectious verse with a confidence and finesse that would have you believe he’s been singing like this for years." Andy Biddulph of Rock Sound stated that the band sounded their most accomplished in the album, bursting with fresh ideas and says that no other band incorporates synth and atmospherics into music quite like the band does in this particular album, comparing the band to the likes of Linkin Park. James Christopher Monger at AllMusic stated "What's most surprising is how natural it all feels, but that's due in large part to the long-form recalibration of the band's sound. By entering the mainstream one limb (album) at a time, Bring Me the Horizon are merely reaping what they've sown, and longtime fans should already feel acclimated to the water." In addition to Linkin Park, Monger compared the choruses from the album to Avenged Sevenfold, Thirty Seconds to Mars and late 1990's Metallica.
The album was ranked at number two in Alternative Press's "10 Essential Records of 2015" list. Matt Crane of Alternative Press wrote that the album shows a "genuine evolution for the band." He named "Happy Song" as providing the band "rock-radio potential" and "Throne" as "an aggressive, exotic take on the groove-based synth-rock" that was popularised by Linkin Park. The album was included at number one on Rock Sound's top 50 releases of 2015 list.That's the Spirit was nominated for Album of the Year at the 2016 Alternative Press Music Awards.
On 14 September 2015, The Official Chart Update reported that That's the Spirit was on track to debut atop the UK Albums Chart, being just 1,000 copies ahead of Keep the Village Alive by the Stereophonics. However, four days later, after one of the closest chart battles of 2015, Keep the Village Alive beat That's the Spirit to number one by a margin of less than 1,300 copies, denying Bring Me the Horizon their first ever chart-topper.
The album also debuted at number one in Australia, giving the band their third consecutive number-one album there. That's the Spirit has sold 130,000 copies in the US as of February 2016.