Spire reports Q1 fiscal 2026 net income of $95.0 million, up from $81.3 million
Spire Inc. reported first-quarter fiscal 2026 net income of $95.0 million, or $1.54 per diluted share, versus $81.3 million, or $1.34 per share, a year earlier, and adjusted earnings of $108.4 million, or $1.77 per share, up from $81.1 million. The company affirmed its fiscal 2026 adjusted earnings guidance of $5.25 to $5.45 per share and its fiscal 2027 guidance of $5.65 to $5.85 per share, which excludes or includes effects of pending acquisition and planned storage asset sale.
Key points
- Net income rose to $95.0 million ($1.54 per diluted share) from $81.3 million ($1.34) a year ago.
- Adjusted earnings rose to $108.4 million ($1.77 per share) from $81.1 million ($1.34 per share); Gas Utility adjusted earnings were $103.9 million, up from $77.8 million.
- Fiscal 2026 adjusted EPS guidance of $5.25–$5.45 and fiscal 2027 guidance of $5.65–$5.85 were affirmed; both acquisition and storage sale remain subject to regulatory approvals.
- Financing included $900 million of Junior Subordinated Notes and $825 million of Spire Tennessee Senior Notes tied to the Tennessee acquisition, plus $200 million of Spire Missouri First Mortgage Bonds issued in October 2025.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.