Flagship explainer
How Spire Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $2.5B | 100% |
| |
| Cost of revenue | $1.0B | 41% |
|
| $1.5B | 59% |
| |
| $524M | 21% |
| |
| Income before tax | $331M | 13% |
|
| Income tax | $59.7M | 2% |
|
| $272M | 11% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001193125-25-282583