Filing Flows › Spire (SR) › Q3 FY25
Spire (SR) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 5, 2025
Spire (SR) reported revenue of $422M for the third quarter fiscal 2025 (Q3 FY25), +2% from a year earlier and -60% from the quarter before. Operating margin was 16.4%, net earnings $20.9M (5.0% of revenue).
Spire, Q3 FY25: revenue $422M (+2% year over year), operating margin 16.4%, net earnings $20.9M, operating cash flow $129M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $422M | -60% | +2% |
| Operating profit | $69.2M | -77% | +125% |
| Net earnings | $20.9M | -90% | — |
| Operating cash flow | $129M | -65% | -52% |
What changed
Revenue was $421.9M in Q3 FY25, up 2% year over year and down 60% from the previous quarter.
Operating profit was $69.2M, a 16.4% margin (up 9.0 points year over year). Of the extra revenue versus a year earlier, 494% reached operating profit, above the 7% margin then. Total costs fell 8% while revenue rose 2%. Net earnings were $20.9M. The effective tax rate was 12.6%.
Operating cash flow was $129.1M (down 52% year over year), 618% of net earnings. Non-cash charges added back $75.7M of depreciation and amortization. Working capital and other items added $32.5M. Capital expenditures of $220.5M exceeded it, leaving free cash flow of −$91.4M.
Questions
What was Spire's revenue in the third quarter fiscal 2025?
Spire (SR) reported revenue of $422M for the third quarter fiscal 2025 (Q3 FY25), +2% from a year earlier and -60% from the quarter before.
Was Spire profitable in the third quarter fiscal 2025?
Operating profit was $69.2M (16.4% of revenue) and net earnings $20.9M.
Source: Spire 10-Q on SEC EDGAR.