Spire Financial Statements
NYSE: SRUtilitiesOil/Gas TransmissionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Spire revenue and earnings
In fiscal 2025, Spire generated $2.48 billion in revenue, down 4.5% from fiscal 2024, its first annual decline since 2024. Net income was $271.7 million (+8.3% year over year), for a net margin of 11.0% versus a median of 9.7% in the prior 5 years. Gross margin was 58.8% (up from 52.5%) and operating margin 21.2%.
Diluted earnings per share came in at $4.37, up from $4.19. Over the last 5 fiscal years, SR's revenue has grown at a 5.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Spire income statement (annual)
| Fiscal year (USD) | FY 20252025-09-30 | FY 20242024-09-30 | FY 20232023-09-30 | FY 20222022-09-30 | FY 20212021-09-30 | FY 20202020-09-30 | FY 20192019-09-30 | FY 20182018-09-30 | FY 20172017-09-30 | FY 20162016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.48B | 2.59B | 2.67B | 2.20B | 2.24B | 1.86B | 1.95B | 1.97B | 1.74B | 1.54B |
| Revenue growth (YoY) | -4.50% | -2.75% | +21.28% | -1.66% | +20.49% | -4.97% | -0.64% | +12.89% | +13.23% | -22.22% |
| Cost of Revenue | 1.02B | 1.23B | 1.39B | — | — | — | — | — | — | — |
| Gross Profit | 1.46B | 1.36B | 1.27B | — | — | — | — | — | — | — |
| Operating Expenses | 1.95B | 2.10B | 2.25B | 1.79B | 1.79B | 1.65B | — | — | — | — |
| Operating Income | 523.90M | 488.30M | 418.60M | 408.20M | 450.20M | 206.40M | 302.30M | 294.10M | 340.90M | 282.30M |
| Interest Expense | 204.10M | 201.10M | 185.70M | 119.80M | 106.60M | 105.50M | 104.40M | 98.40M | 89.10M | 77.20M |
| Other Income (Expense) | 11.60M | 22.40M | 23.40M | -8.70M | -3.40M | 100.00K | 21.20M | -8.00M | -12.60M | 8.60M |
| Pretax Income | 331.40M | 309.60M | 256.30M | 279.70M | 340.20M | 101.00M | 219.10M | 187.70M | 239.20M | 213.70M |
| Income Tax | 59.70M | 58.70M | 38.80M | 58.90M | 68.50M | 12.40M | 34.50M | -26.50M | 77.60M | 69.50M |
| Net Income | 271.70M | 250.90M | 217.50M | 220.80M | 271.70M | 88.60M | 184.60M | 214.20M | 161.60M | 144.20M |
| Net Income growth (YoY) | +8.29% | +15.36% | -1.49% | -18.73% | +206.66% | -52.00% | -13.82% | +32.55% | +12.07% | +5.33% |
| EPS (Basic) | 4.39 | 4.20 | 3.86 | 3.96 | 4.97 | 1.44 | 3.53 | 4.35 | 3.44 | 3.26 |
| EPS (Diluted) | 4.37 | 4.19 | 3.85 | 3.95 | 4.96 | 1.44 | 3.52 | 4.33 | 3.43 | 3.24 |
| Shares Outstanding (Basic) | 58.50 | 56.10 | 52.50 | 52.00M | 51.60M | 51.20M | 50.70M | 49.10M | 46.90M | 44.10M |
| Shares Outstanding (Diluted) | 58.70 | 56.30 | 52.60 | 52.10M | 51.70M | 51.30M | 50.80M | 49.30M | 47.00M | 44.30M |
| EBITDA | 822.10M | 766.70M | 673.40M | 645.50M | 663.30M | 403.70M | 484.00M | 462.50M | 495.00M | 419.80M |
| Gross Margin | 58.76% | 52.51% | 47.77% | — | — | — | — | — | — | — |
| Operating Margin | 21.16% | 18.83% | 15.70% | 18.57% | 20.14% | 11.12% | 15.48% | 14.97% | 19.58% | 18.36% |
| Net Margin | 10.97% | 9.68% | 8.16% | 10.04% | 12.15% | 4.78% | 9.46% | 10.90% | 9.28% | 9.38% |
This table shows 10 annual periods of Spire's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow SR's reporting calendar. What is a income statement?