Nisource revenue and financials
$40.67Change from previous close: +2.83%Absolute change: +$1.12
In the fiscal year ended December 2025, Nisource reported revenue of $6.52B (+23.47% year over year). Net income was $929.5M, a net margin of 14.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +23.47%
- 2025 vs 2024
- Net income growth
- +22.24%
- 2025 vs 2024
- Net margin
- 14.3%
- 2024: 14.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 37,544 | 36,601 | 35,859 | 34,403 | 34,029 | 33,105 | 31,788 | 30,828 | 29,898 | 29,338 | 31,077 | 27,828 |
| Current assets | 2,199 | 2,409 | 2,377 | 1,848 | 1,999 | 2,185 | 2,080 | 1,616 | 1,944 | 2,060 | 4,499 | 1,815 |
| Cash and equivalents | 70.0 | 71.9 | 110 | 95.0 | 335 | 259 | 157 | 126 | 101 | 102 | 2,245 | 56.0 |
| Receivables | 892 | 1,316 | 1,264 | 744 | 812 | — | — | — | — | — | — | — |
| Inventory | 408 | 304 | 450 | 475 | 368 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 30,521 | 29,427 | 28,714 | 28,000 | 27,452 | 26,490 | 25,480 | 24,881 | 23,613 | 22,946 | 22,308 | 21,712 |
| Goodwill | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 | 1,486 |
| Long-term investments | 293 | 281 | 273 | 283 | 260 | — | — | — | — | — | — | — |
| Current liabilities | 4,415 | 3,727 | 3,457 | 3,533 | 3,412 | 4,242 | 4,113 | 3,486 | 2,508 | 3,125 | 5,265 | 4,395 |
| Accounts payable | 1,136 | 999 | 1,125 | 712 | 684 | — | — | — | — | — | — | — |
| Long-term debt | 15,613 | 15,459 | 15,458 | 14,472 | 14,474 | — | — | — | — | — | — | — |
| Total debt | 17,403 | 16,767 | 16,214 | 15,763 | 15,756 | — | — | — | — | — | — | — |
| Total liabilities | 25,649 | 24,674 | 24,199 | 23,161 | 23,032 | 22,159 | 21,120 | 20,499 | 20,078 | 19,543 | 20,941 | 20,059 |
| Total equity (incl. minority) | 11,894 | 11,928 | 11,660 | 11,242 | 10,997 | 10,946 | 10,668 | 10,329 | 9,820 | 9,795 | 10,136 | 7,769 |
| Retained earnings | -196 | -96.6 | -315 | -572 | -532 | -501 | -712 | -935 | -896 | -862 | -967 | -1,201 |
| Minority interest | 2,320 | 2,269 | 2,210 | 2,124 | 2,114 | 2,049 | 1,984 | 1,984 | 1,951 | 1,899 | 1,867 | 557 |