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Spire SR Gas Utility — Regulated And Unregulated Operating Revenue

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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+8.2%
Enterprise value$11.78B+32.2%
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 us-gaap:RegulatedAndUnregulatedOperatingRevenue.

The source filing: Spire’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 11:59 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334335
(In millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Gas utility operating revenues$416.1$347.5$2,124.3$1,931.2
Other and eliminations(c)4.15.014.615.7
Operating revenues420.2352.52,138.91,946.9
Less:
Significant segment expenses:
Cost of gas sold, incl. gross receipts taxes131.4124.5904.7891.7
Operation and maintenance expense134.8114.1376.5351.9
Depreciation and amortization expense92.370.0248.7207.6

Item 1. Financial Statements

FAQ

What is Spire's gas utility — regulated and unregulated operating revenue?
Spire (SR) reported gas utility — regulated and unregulated operating revenue of $416.1M in Q2 2026.
How has Spire's gas utility — regulated and unregulated operating revenue changed year-over-year?
Spire's gas utility — regulated and unregulated operating revenue increased by 19.7% year-over-year, from $347.5M to $416.1M.
What is the long-term trend for Spire's gas utility — regulated and unregulated operating revenue?
Over 4 years (2021 to 2025), Spire's gas utility — regulated and unregulated operating revenue has grown at a 1.0% compound annual growth rate (CAGR), from $2.12B to $2.21B.
What does gas utility — regulated and unregulated operating revenue mean?
This metric aggregates all operating revenues generated by the gas utility segment, encompassing both regulated utility services and any unregulated business activities. It provides a comprehensive view of the total revenue-generating capacity of the segment. This is a key metric for evaluating the overall business scale and the diversification of revenue streams within the utility division.

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