What is Spire's gas utility — net income loss?

Spire (SR) reported gas utility — net income loss of $282.2M in Q1 2026.

What does gas utility — net income loss mean?

The final bottom-line profitability of the gas utility segment after all operating expenses, interest, taxes, and other non-operating items are deducted. It serves as the primary indicator of the segment's overall financial health and contribution to the parent company.

Spire SR Gas Utility — Net Income Loss

Similar metrics at other companies

BKH

BKHGas Utilities — Operating Income

$146.5M-3.3%

CMS

CMSGas Utility — Operating Income (Loss)

$333M+7.1%

CMS

CMSGas Utility — Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

$300M+6.4%

DUKGas Utilitiesand Infrastructure — Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

$15M+66.7%

WTRGNatural Gas — Net Income Loss

$192.23M+1.4%

CMS

CMSGas Utility — Income from Continuing Ops

$220M+3.3%

Other financials

Income statement

See full

Revenue$1.0B-3.0%

Gross profit$419.6M+12.7%

Operating income$303.5M+9.2%

Net income$282.2M+34.8%

EPS (diluted)$4.60+31.1%

Balance sheet

See full

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

See full

Operating cash flow$410.4M+10.1%

CapEx$192.2M-12.1%

Free cash flow$218.2M—

Valuation

See full

Market cap$4.55B+17.2%

Enterprise value$12.22B+46.0%

P/E7.5×-2.1×

P/S1.8×+0.2×

Profitability

See full

Operating margin22.6%+3.0pp

Net margin12.7%+3.2pp

FCF margin-8.8%—

Returns & leverage

See full

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:NetIncomeLoss.

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

Ask your AI about Spire's gas utility — net income loss.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Spire's gas utility — net income loss?: Spire (SR) reported gas utility — net income loss of $282.2M in Q1 2026.
What does gas utility — net income loss mean?: The final bottom-line profitability of the gas utility segment after all operating expenses, interest, taxes, and other non-operating items are deducted. It serves as the primary indicator of the segment's overall financial health and contribution to the parent company.