)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Spire (SR) investor relations material
Spire Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary14 Nov, 2025
Executive summary
Fiscal 2025 adjusted EPS rose 7.5% to $4.44, driven by growth across all segments and infrastructure investments, within original guidance.
Net income reached $271.7M ($4.37 per share), up from $250.9M ($4.19 per share) in 2024.
Announced acquisition of Piedmont Natural Gas Tennessee, with regulatory approvals progressing and expected close in Q1 2026.
Dividend increased by 5.1% to $3.30 per share, marking the 23rd consecutive annual increase.
Invested $922M in capital, with $817M allocated to utility capex.
Financial highlights
Fiscal 2025 adjusted earnings were $275.5M ($4.44/share), up from $247.4M ($4.13/share) in 2024.
Gas utilities earned $231.4M, up from $220.8M, driven by new rates and ISRS revenues.
Midstream earnings rose to $56.3M from $33.5M, aided by storage capacity and contract renewals.
Gas marketing earnings increased to $25.9M, up from $23.4M, with higher storage/transport fees.
Fourth-quarter adjusted loss was $24M ($0.47/share), reflecting seasonality.
Outlook and guidance
Fiscal 2026 adjusted EPS guidance: $5.25–$5.45, excluding Piedmont Tennessee acquisition.
Fiscal 2027 adjusted EPS guidance: $5.65–$5.85, includes full year from Piedmont Tennessee, excludes storage due to expected sale.
Long-term adjusted EPS growth target: 5–7%, anchored on 2027 midpoint.
10-year capital plan totals $11.2B, with $4.8B planned for 2026–2030.
Dividend growth aligned with 5–7% earnings growth; 2026 annualized dividend increased 5.1% to $3.30 per share.
Impact of storage asset sale on FY27 EPS
What changed to raise 10-year capital target to $11.2B?
Reason for lower usage at Spire Alabama?
Update on storage asset sale evaluation
Missouri future test year process challenges
Path to mid-range FFO to debt target
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Spire earnings date
Q1 20264 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Spire Inc is a public utility company engaged in the purchase, retail distribution, and sale of natural gas. It operates regulated gas utilities in several U.S. states and also engages in midstream operations. The company is headquartered in St. Louis, Missouri, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage