What is Spire's gross profit?

Spire (SR) reported gross profit of $419.6M in Q4 2025.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Spire SR Gross Profit

Discontinued — last reported Q1 '26

Gross Profit at other companies

UGIUGI

$1.5B+9.7%

Kinder MorganKMI

——

Other financials

Income statement

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Revenue$1.0B-3.0%

Operating income$303.5M+9.2%

Net income$282.2M+34.8%

EPS (diluted)$4.60+31.1%

Balance sheet

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Cash & equivalents$49.5M+226%

Total debt$7.7B+76.9%

Total equity$3.4B-2.6%

Total assets$14.7B+29.3%

Cash flow

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Operating cash flow$410.4M+10.1%

CapEx$192.2M-12.1%

Free cash flow$218.2M—

Valuation

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Market cap$4.55B+17.2%

Enterprise value$12.22B+46.0%

P/E7.5×-2.1×

P/S1.8×+0.2×

Profitability

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Operating margin22.6%+3.0pp

Net margin12.7%+3.2pp

FCF margin-8.8%—

Returns & leverage

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Return on equity10.6%+1.8pp

Debt / equity2.3×+1.0×

Current ratio0.5×+0.1×

Where this comes from

Calculated from Spire’s reported figures.

$762.2Mtotal revenue−$342.6Mtotal cost of revenue=$419.6M

The official record: Spire’s 10-Q, filed February 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spire's gross profit?: Spire (SR) reported gross profit of $419.6M in Q4 2025.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.