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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 680 | 442 | 713 | 468 | 495 | 686 | 540 | 340 | 446 | 456 | 399 | 345 |
| Depreciation and amortization | 362 | 288 | 315 | 307 | 287 | — | — | — | — | — | — | — |
| Capital expenditure | -1,097 | -805 | -1,220 | -641 | -658 | -637 | -789 | -635 | -630 | -590 | -760 | -724 |
| Investing cash flow | -1,234 | -873 | -1,128 | -830 | -1,214 | -1,353 | -799 | -821 | -871 | -723 | -1,068 | -1,128 |
| Financing cash flow | 552 | 392 | 431 | 116 | 780 | 771 | 299 | 503 | 421 | -1,874 | 2,844 | 698 |
| Dividends paid | -144 | -149 | -134 | -132 | -132 | -132 | -124 | -119 | -119 | -127 | -112 | -112 |
| Share repurchases | — | — | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — |
| Debt issued | 685 | 555 | 466 | 655 | 1,454 | 908 | -0.1 | 495 | 1,090 | 644 | 829 | 458 |
| Debt repaid | -48.5 | -5.9 | -14.7 | -652 | -610 | -5.5 | 342 | -394 | -585 | -1,834 | -9.0 | 164 |
| Net change in cash | -1.7 | -38.6 | 16.2 | -246 | 61.9 | 105 | 39.8 | 22.9 | -4.6 | -2,141 | 2,175 | -84.5 |
| Free cash flow | -417 | -363 | -508 | -173 | -163 | 49.1 | -249 | -295 | -184 | -133 | -361 | -379 |
| Levered free cash flow | -303 | -466 | -762 | -242 | -92.4 | -19.5 | -504 | 153 | -230 | -66.5 | -824 | -831 |