What is Spire's operating income?

Spire (SR) reported operating income of $303.5M in Q1 2026.

How has Spire's operating income changed year-over-year?

Spire's operating income increased by 9.2% year-over-year, from $277.9M to $303.5M.

What is the long-term trend for Spire's operating income?

Over 3 years (2021 to 2025), Spire's operating income has grown at a 5.2% compound annual growth rate (CAGR), from $450.2M to $523.9M.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Spire SR Operating Income

Operating Income at other companies

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$532M+23.7%

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$189.59M+5.0%

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$201.9M-1.5%

MDU Resources GroupMDU

$115.71M+2.5%

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$754M+11.4%

Other financials

Income statement

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Revenue$1.0B-3.0%

Gross profit$419.6M+12.7%

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

Reported directly by Spire in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Spire’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spire's operating income?: Spire (SR) reported operating income of $303.5M in Q1 2026.
How has Spire's operating income changed year-over-year?: Spire's operating income increased by 9.2% year-over-year, from $277.9M to $303.5M.
What is the long-term trend for Spire's operating income?: Over 3 years (2021 to 2025), Spire's operating income has grown at a 5.2% compound annual growth rate (CAGR), from $450.2M to $523.9M.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.