Spire Inc.
Cash Flow Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $282.2M | $95.0M | $-39.8M | $20.9M | $209.3M | $81.3M | $-25.9M | $-12.6M |
| Depreciation & Amortization | $84.5M | $81.4M | $77.8M | $75.7M | $72.4M | $72.3M | $71.1M | $71.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $410.4M | $81.0M | $-4.9M | $129.1M | $372.7M | $81.1M | $82.9M | $270.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $192.2M | $202.8M | $222.7M | $220.5M | $218.6M | $260.6M | $229.8M | $222.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.67B | $-201.3M | $-219.7M | $-219.4M | $-217.2M | $-260.1M | $-225.2M | $-218.1M |
| Financing Activities | ||||||||
| Dividends Paid | $48.9M | $47.2M | $46.4M | $45.8M | $45.4M | $44.6M | $42.8M | $43.8M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $2.30B | $119.0M | $217.7M | $92.4M | $-151.4M | $186.0M | $143.5M | $-64.7M |
| Net Change in Cash | $45.7M | $-1.3M | $-6.9M | $2.1M | $4.1M | $7.0M | $1.2M | $-12.7M |
| Free Cash Flow | $218.2M | $-121.8M | $-227.6M | $-91.4M | $154.1M | $-179.5M | $-146.9M | $47.9M |