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NiSource NI Natural gas for sale

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Other financials

Income statement

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Revenue$1.3B+3.4%
Gross profit$1.1B+11.3%
Operating income$228.1M-13.2%
Net income$45.5M-55.5%
EPS (diluted)$0.09-59.1%

Balance sheet

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Cash & equivalents$70.0M-79.1%
Total debt$16.3B+12.6%
Total equity$9.6B+7.8%
Total assets$37.5B+10.3%

Cash flow

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Operating cash flow$680.4M+37.3%
CapEx$1.1B+66.7%
Free cash flow-$417.0M-156%

Valuation

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Market cap$20.8B+5.6%
Enterprise value$37.03B+9.4%
P/E23×+0.8×
P/S1.8×-0.2×

Profitability

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Gross margin45.7%+0.2pp
Operating margin16.4%-0.6pp
Net margin8%-1.1pp
FCF margin-9.5%+8.9pp

Returns & leverage

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Return on equity9.8%-0.8pp
Debt / equity1.7×+0.1×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by NiSource in its filing.

Tagged under the XBRL concept us-gaap:EnergyRelatedInventoryNaturalGasInStorage.

The source filing: NiSource’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 6:38 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001111711-26-000088
(in millions)June 30,2026December 31,2025
Accounts receivable886.71,238.1
Allowance for credit losses(40.2)(40.6)
Accounts receivable, net846.51,197.5
Gas storage173.6252.0
Materials and supplies, at average cost212.4189.0
Electric production fuel, at average cost22.48.5
Exchange gas receivable37.966.0
Regulatory assets400.0274.2

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is NiSource's natural gas for sale?
NiSource (NI) reported natural gas for sale of $173.6M in Q2 2026.
How has NiSource's natural gas for sale changed year-over-year?
NiSource's natural gas for sale increased by 17.1% year-over-year, from $148.2M to $173.6M.
What is the long-term trend for NiSource's natural gas for sale?
Over 5 years (2020 to 2025), NiSource's natural gas for sale has grown at a 5.7% compound annual growth rate (CAGR), from $191.2M to $252M.
What does natural gas for sale mean?
This represents the value of natural gas held in underground storage facilities intended for future distribution to customers. It is a critical component of a utility's supply chain management, ensuring reliability during peak demand periods. Fluctuations reflect seasonal inventory strategies and market price hedging activities.

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