Spire Inc income statement
In fiscal 2025, Spire Inc reported revenue of $2.48bn, down 4.5% on the year before, operating income of $524m (a 21.2% margin) and net income of $272m, or $4.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,895 | 1,735 | 1,576 | 1,126 | 1,017 | 1,627 | 1,976 | 1,537 | 1,741 | 1,965 | 1,952 | 1,855 | 2,236 | 2,199 | 2,666 | 2,593 | 2,476 | 2,732 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1,393 | 1,232 | 1,021 | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1,274 | 1,362 | 1,455 | — |
| Operating income | 125 | 105 | 118 | 111 | 97 | 166 | 273 | 282 | 341 | 294 | 302 | 206 | 450 | 408 | 419 | 488 | 524 | 589 |
| Interest expense | 30 | 27 | 25 | 25 | 29 | 46 | 75 | 77 | 89 | 98 | 104 | 106 | 107 | 120 | 186 | 201 | 204 | 273 |
| Income before tax | 97 | 81 | 93 | 89 | 70 | 117 | 199 | 214 | 239 | 188 | 219 | 101 | 340 | 280 | 256 | 310 | 331 | 359 |
| Income tax | 33 | 27 | 29 | 26 | 18 | 32 | 62 | 70 | 78 | −27 | 35 | 12 | 69 | 59 | 39 | 59 | 60 | 65 |
| Net income | 64 | 54 | 64 | 63 | 53 | 85 | 137 | 144 | 162 | 214 | 185 | 89 | 272 | 221 | 218 | 251 | 272 | 549 |
| Diluted EPS | $2.89 | $2.43 | $2.86 | $2.79 | $2.02 | $2.35 | $3.16 | $3.24 | $3.43 | $4.33 | $3.52 | $1.44 | $4.96 | $3.95 | $3.85 | $4.19 | $4.37 | — |
| Diluted shares (average) | 22m | 22m | 22m | 22m | 26m | 36m | 43m | 44m | 47m | 49m | 51m | 51m | 52m | 52m | 53m | 56m | 59m | — |
| EBITDA | 162 | 143 | 158 | 152 | 146 | 250 | 403 | 420 | 495 | 463 | 484 | 404 | 663 | 646 | 673 | 767 | 822 | 927 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 294 | 669 | 976 | 353 | 530 | 762 | 1,020 | 420 |
| Cost of revenue | — | 297 | — | — | — | 343 | — | — |
| Gross profit | — | 372 | — | — | — | 420 | — | — |
| Operating income | 20 | 149 | 278 | 22 | 89 | 174 | 304 | 23 |
| Interest expense | 50 | 48 | 45 | 48 | 65 | 60 | 63 | 86 |
| Income before tax | −35 | 101 | 236 | −21 | 28 | 118 | 270 | −58 |
| Income tax | −9 | 20 | 46 | −8 | 4 | 23 | 53 | −15 |
| Net income | −26 | 81 | 209 | 21 | −40 | 95 | 282 | 211 |
| Diluted EPS | −$0.57 | $1.34 | $3.51 | $0.29 | −$0.76 | $1.54 | $4.60 | $3.57 |
| EBITDA | 91 | 221 | 350 | 95 | 166 | 255 | 388 | 119 |
Compare with peers
More: Gas Utilities stocks compared, Utilities sector, rankings of US companies