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 revenue | 1,342 | 2,363 | 1,903 | 1,273 | 1,283 | 2,183 | 1,588 | 1,076 | 1,085 | 1,706 | 1,422 | 1,027 |
| Cost of revenue | 669 | 1,158 | 967 | 595 | 658 | — | — | — | — | — | — | — |
| Gross profit | 674 | 1,205 | 936 | 678 | 625 | — | — | — | — | — | — | — |
| Selling, general and administrative | — | — | — | — | — | 3.8 | — | — | — | — | — | — |
| Operating income | 228 | 819 | 515 | 302 | 264 | — | — | — | — | — | — | — |
| EBIT | 230 | 821 | 513 | 291 | 263 | 756 | 419 | 212 | 239 | 581 | 360 | 223 |
| EBITDA | 593 | 1,110 | 726 | 598 | 549 | 1,015 | 594 | 481 | 493 | 823 | 527 | 434 |
| Interest expense | 199 | 192 | 210 | 180 | 139 | — | — | — | — | — | — | — |
| Pre-tax income | 47.1 | 642 | 332 | 128 | 124 | 632 | 293 | 113 | 121 | 476 | 228 | 102 |
| Income tax | 10.2 | 85.8 | 53.7 | 20.6 | 23.8 | 106 | 48.6 | 15.9 | 17.6 | 76.0 | 35.8 | 3.8 |
| Net income | 45.5 | 507 | 258 | 94.7 | 102 | 475 | 224 | 85.7 | 85.8 | 365 | 237 | 85.1 |
| Net income to common shareholders | 45.4 | 510 | 257 | 94.4 | 102 | 474 | 223 | 85.5 | 85.4 | 344 | 225 | 76.9 |
| Basic EPS | 0.09 | 1.06 | 0.54 | 0.20 | 0.22 | 1.01 | 0.48 | 0.19 | 0.19 | 0.77 | 0.53 | 0.19 |
| Diluted EPS | 0.09 | 1.06 | 0.53 | 0.20 | 0.22 | 1.00 | 0.48 | 0.19 | 0.19 | 0.77 | 0.50 | 0.17 |
| Average shares (basic) | 480 | 479 | 478 | 472 | 471 | 470 | 469 | 452 | 449 | 448 | 425 | 414 |
| Average shares (diluted) | 481 | 481 | 480 | 474 | 472 | 473 | 470 | 455 | 450 | 449 | 449 | 448 |
| Dividend per share | — | — | 0.30 | 0.28 | 0.28 | 0.28 | 0.28 | 0.27 | 0.27 | 0.27 | 0.27 | 0.25 |
