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Spire SR Increase Decrease In Delayed Advances Customer Billings

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Other financials

Income statement

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Revenue$420.2M-0.4%
Gross profit$419.6M+12.7%
Operating income$23.4M+5.9%
Net income$211.2M+911%
EPS (diluted)$3.57+1,131%

Balance sheet

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Cash & equivalents$20.7M+58.0%
Total debt$7.0B+55.8%
Total equity$3.6B+3.0%
Total assets$14.1B+23.6%

Cash flow

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Operating cash flow$122.2M-5.3%
CapEx$213.4M-3.2%
Free cash flow$218.2M

Valuation

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Market cap$4.78B+8.1%
Enterprise value$11.78B+32.1%
P/E7.8×-2.2×
P/S1.9×+0.1×

Profitability

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Operating margin23.2%+4.0pp
Net margin12.7%+3.2pp
FCF margin-8.8%

Returns & leverage

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Return on equity10.6%+1.8pp
Debt / equity+0.7×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Spire in its filing.

Tagged under the XBRL concept sr:IncreaseDecreaseInDelayedAdvancesCustomerBillings.

The source filing: Spire’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 1:32 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-208452
(In millions)Six Months Ended March 31, 2026Six Months Ended March 31, 2025
Inventories91.484.8
Regulatory assets and liabilities39.5147.5
Accounts payable6.897.1
Delayed/advance customer billings, net(84.6)(57.7)
Taxes accrued(27.2)(23.7)
Other assets and liabilities(32.7)(55.1)
Other(11.8)4.9
Net cash provided by operating activities491.4453.8

Item 1. Financial Statements

FAQ

What is Spire's increase decrease in delayed advances customer billings?
Spire (SR) reported increase decrease in delayed advances customer billings of -$70.5M in Q1 2026.
How has Spire's increase decrease in delayed advances customer billings changed year-over-year?
Spire's increase decrease in delayed advances customer billings decreased by 13.7% year-over-year, from -$62M to -$70.5M.
What is the long-term trend for Spire's increase decrease in delayed advances customer billings?
Over 2 years (2023 to 2025), Spire's increase decrease in delayed advances customer billings has grown at a 132.4% compound annual growth rate (CAGR), from $1.5M to $8.1M.
What does increase decrease in delayed advances customer billings mean?
Increase Decrease In Delayed Advances Customer Billings as reported by Spire Inc..

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