← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
SPIRE INC: Revenue declined 4.5% to $2.476B from $2.593B. Net income grew 8.3% to $271.7M from $250.9M. Free cash flow turned negative at an outflow of $344.4M from $51.1M. Operating margin expanded 233 bps to 21.16%. SPIRE INC's annual comparison also shows stock compensation grew faster than revenue; capital spending grew faster than revenue; the balance-sheet screen falls in the distress range and requires business-model context.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 4.5%Watch
- Profitability — Net income grew 8.3% to $271.7M from $250.9MOK
- Cash flow — Free cash flow turned negative at an outflow of $344.4M from $51.1MWatch
- Margins — Operating margin expanded 233 bps to 21.16%OK
- Accounting — Distress-range screen needs contextWatch
- Insiders — 3 purchases and 1 salesOK
Business
Spire owns regulated natural-gas utilities serving customers in Missouri, Alabama and Mississippi and also operates gas marketing and storage businesses.
Where the revenue comes from
Fiscal 2025, as SPIRE INC reports it. History and quarterly detail are in the app.
- Gas Utility$2.2B
- Gas Marketing$157.2M
- Midstream$109.2M
- All Other Segments$2.5M
Leadership changes
From SPIRE INC's own filings, the day they're filed.
- Scott E. Doyle · Chief Executive Officer · appointmenteff. 2025-04-25
- Scott Doyle · President · appointmenteff. 2025-04-24
- Steve Lindsey · CEO · departureeff. 2025-04-24
Latest filings
- 8-K · Company announcement2026-09-01
- 10-Q · Quarterly report2026-08-05
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-07-08
- 8-K · Company announcement2026-06-30
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about SPIRE INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.