SPIRE INC (SR) Form 10-Q — Aug 5, 2026

$SRForm 10-QFiled Aug 5, 2026, 11:59 AM ET0001193125-26-334335Original filing

Spire Inc. reported Q3 FY2026 operating revenues of $420.2 million, up from $352.5 million a year earlier, with net income of $211.2 million ($3.57 diluted EPS) versus $20.9 million ($0.29) last year. The profit surge came from $253.8 million of income from discontinued operations, while the loss from continuing operations widened to $42.6 million from $13.3 million on higher interest, depreciation, and acquisition-related costs. Spire completed its $2.5 billion all-cash acquisition of Piedmont Natural Gas's Tennessee distribution business from Duke Energy on March 31, 2026, recording $741.7 million of goodwill.

Key figures

Eps: $9.70 diluted (9M) vs $5.13 prior; $3.57 diluted (Q3) vs $0.29 prior; continuing ops: $4.21 (9M) and $(0.72) (Q3)
Revenue: $2,138.9M nine months; $420.2M Q3 (ended June 30, 2026)
Net Income: $588.4M (9M) vs $311.5M prior; $211.2M (Q3) vs $20.9M prior; continuing ops: $262.8M (9M), $(42.6)M (Q3)
Total Debt: ~$7.26B (long-term debt $5,758.0M, current portion $238.1M, notes payable $1,263.5M)
Debt Amount: $2,488.1M long-term debt issued during the nine months
Revenue Yoy: +9.9% nine months ($1,946.9M prior); +19.2% Q3 ($352.5M prior)
Cash Position: $59.0M cash, equivalents and restricted cash at June 30, 2026 (includes $38.3M restricted)
Deal Value Usd: $2.5B Piedmont Tennessee acquisition; $212M Spire Marketing sale; $657M Spire Storage sale; $75M pending Spire Mississippi sale
Shares Outstanding: 59,112,807 as of July 31, 2026
Capex Nine Months: $608.4M
Preferred Redemption: $242.0M redeemed Feb 13, 2026 plus $8.0M redemption cost
Q3 Continuing Ops Loss: $(42.6)M vs $(13.3)M prior year
Impairments Nine Months: $5.4M (incl. $3.9M goodwill and $1.5M PP&E on Spire Mississippi held-for-sale)
Goodwill From Acquisition: $741.7M
Total Shareholders Equity: $3,583.0M
Interest Expense Nine Months: $206.2M vs $139.4M prior year
Acquired Business Q3 Contribution: $44.8M revenue, $(6.9)M net loss
Dividends Declared Per Share Nine Months: $2.475

Price after filing

1 day: -0.7%7 days: +3.3%30 days: +4.0%

Close on the filing date to close N calendar days later (from $80.09). Historical, not a forecast.

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