$SR·8-K

SPIRE INC · Jul 8, 4:32 PM ET

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SPIRE INC 8-K

Research Summary

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Updated

Spire Inc Recasts FY2025 Quarters, Classifies Two Units as Discontinued

What Happened
Spire Inc. announced on July 8, 2026 (Form 8‑K) that, after dispositions in Q2 FY2026, management determined Spire Marketing Inc. and Spire Storage meet the criteria for discontinued operations under ASC 205‑20. The company has recast its previously reported fiscal 2025 quarterly financial information to present those businesses as discontinued for all periods shown and revised its reportable segments (Spire MoGas and Spire STL Pipeline have been moved from the Midstream segment to Other). The change is presentational only and is not a restatement of the company’s FY2025 Form 10‑K.

Key Details

  • Filing date: July 8, 2026 (Form 8‑K, Regulation FD disclosure).
  • Businesses reclassified as discontinued operations: Spire Marketing Inc. and Spire Storage.
  • Segment change: Spire MoGas and Spire STL Pipeline moved out of Midstream into Other.
  • The recast is presentational only — consolidated net income, total assets, stockholders’ equity, and cash flows reported previously are unchanged. An unaudited investor presentation with the recast continuing‑operations quarterly results is attached as Exhibit 99.1 and posted on Spire’s Investor Relations site.

Why It Matters
For investors, this affects how historical quarterly results and segment performance are presented and compared going forward. Discontinued operations will be shown separately from continuing operations, which can change the appearance of revenue and operating results for the ongoing business and the Midstream segment metrics. Because the adjustment is presentational only and consolidated totals are unchanged, this is not a restatement of prior financial position or cash flows—but shareholders should review the recast exhibit to understand trends in continuing operations and segment-level performance.

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