| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 762.20 | 13.9% |
| Total Income | 762.20 | 13.9% |
| Expenditure | 588.70 | 13.2% |
| PBT | 118.40 | 16.8% |
| Net Profit | 95.00 | 16.9% |
| OPM | 22.76% | 0.52pp |
| NPM | 12.46% | 0.31pp |
| EPS | 1.55 | 15.7% |
Spire Reports Q1 FY26 Net Income of $95.0 Million, $1.54 Per Diluted Share
04 May 2026 · 4 May, 1:33 am
Summary
Spire Inc. reported first quarter net income of $95.0 million ($1.54 per diluted share) compared to $81.3 million ($1.34 per share) a year ago. First quarter adjusted earnings were $108.4 million ($1.77 per share) compared to $81.1 million ($1.34 per share) a year ago. Gas Utility earnings increased, reflecting higher earnings at Spire Missouri and Spire Alabama, benefiting from new rates. Spire affirmed its fiscal 2026 adjusted earnings guidance range of $5.25–$5.45 and fiscal 2027 adjusted earnings guidance range of $5.65–$5.85.
Key Highlights
- 1
Spire reported first quarter net income of $95.0 million, which translates to $1.54 per diluted share.
- 2
Adjusted earnings for the first quarter were $108.4 million, or $1.77 per share, compared to $81.1 million, or $1.34 per share, in the previous year.
- 3
Gas Utility earnings increased in the first quarter, driven by higher earnings at Spire Missouri and Spire Alabama.
- 4
Midstream earnings reflected growth due to additional capacity for Spire Storage in the first quarter.
- 5
Spire affirmed its fiscal 2026 adjusted earnings guidance range of $5.25–$5.45 per share.
- 6
The company also affirmed its fiscal 2027 adjusted earnings guidance range of $5.65–$5.85 per share.
Management Comments
Scott Doyle
“Our strong first quarter results underscore the effectiveness of our regulatory strategy and the dedication our team delivers every day,” “By continuing to modernize our systems, strengthen regulatory engagement and maintain disciplined cost management, we are creating meaningful value for our customers and shareholders. We are confident in our ability to continue delivering sustainable growth while safely and reliably providing affordable service to the customers and communities we serve.”
Informational and educational content only. Not investment advice.