What is NiSource's revenue?

NiSource (NI) generated $11.3B in revenue over the trailing twelve months, up 18.1% year over year.

Is NiSource profitable?

NiSource reported $961.8M in net income over the trailing twelve months, a 8.5% net margin.

What are NiSource's profit margins?

Gross margin is 44.9% and operating margin is 16.7%, with a 8.5% net margin.

What is NiSource's earnings per share?

NiSource's diluted EPS over the trailing twelve months is $2.01.

Where does NiSource's income statement data come from?

Every line is extracted from NiSource's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

NiSource NI Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$11.16B+22.0%	$9.15B+71.1%	$5.35B-6.8%	$5.74B+21.3%
Total cost of revenue	$1.58B+39.9%	$1.13B-26.2%	$1.53B-27.3%	$2.11B+51.6%
Total interest expense (banking)	$647.8M+28.0%	$506.2M+25.3%	$404.1M+17.3%	$344.5M+2.4%
Compensation and benefits	——	——	$33.5M+34.5%	$24.9M+2.5%
Depreciation and amortization	$1.17B+11.9%	$1.04B+14.9%	$908.2M+10.6%	$820.8M+9.7%
Provision for credit losses	——	$38.8M-2.5%	$39.8M+10.6%	$36M—
Other operating expenses	-$1.2M+84.2%	-$7.6M-10.1%	-$6.9M—	——
Total costs & expenses	$4.81B+20.2%	$4B-5.0%	$4.21B-8.2%	$4.58B+17.8%
Operating income	$1.84B+26.1%	$1.46B+12.4%	$1.3B+2.3%	$1.27B+25.7%
Operating margin	16.4%+0.5pp	15.9%-8.3pp	24.2%+2.2pp	22.1%+0.8pp
Interest expense	$639M+23.5%	$517.2M+5.6%	$489.6M+35.4%	$361.6M+6.0%
Other income (expense), net	-$618.9M-36.7%	-$452.7M+6.0%	-$481.6M-55.7%	-$309.4M-3.0%
Income tax expense	$203.8M+28.9%	$158.1M+13.3%	$139.5M-15.2%	$164.6M+39.7%
Net income	$929.5M+22.2%	$760.4M+6.5%	$714.3M-11.2%	$804.1M+37.5%
Net margin	8.3%0.0pp	8.3%-5.0pp	13.4%-0.7pp	14%+1.6pp
Net income attributable to noncontrolling interests	$83.1M-1.4%	$84.3M+311%	-$39.9M-224%	-$12.3M-415%
Preferred stock dividends	$0-100%	$6.7M-84.3%	$42.8M-22.3%	$55.1M0.0%
Diluted earnings per share	$1.95+19.6%	$1.63+10.9%	$1.47-13.5%	$1.70+29.8%
Basic earnings per share	$1.97+20.9%	$1.63+1.9%	$1.60-13.0%	$1.84+35.3%
Weighted-average shares, diluted	1.9B+4.6%	1.8B+1.1%	1.8B+1.3%	1.8B+6.2%
Weighted-average shares, basic	1.9B+4.7%	1.8B+8.9%	1.7B+1.8%	1.6B+3.4%
Debt and Equity Securities, Unrealized Gain (Loss)	——	——	——	——
Interest Income (Expense), Nonoperating	$10.2M-1.9%	$10.4M+15.6%	$9M+109%	$4.3M+7.5%
2028 through 2030 market capacity purchase commitments	——	——	——	——
Capacity Purchase Commitments	——	——	——	——
Accounts receivable sold	——	——	——	——
Accretion recorded as a regulatory asset	$38M+50.2%	$25.3M+26.5%	$20M+17.0%	$17.1M+6.9%
Advance deposits transferred to capital expenditures	——	——	——	——
Pre-tax stock-based compensation cost	$40.9M+27.4%	$32.1M+34.3%	$23.9M+25.8%	$19M+13.8%
Allowance For Borrowed Funds Used And Interest Capitalized During Construction	$37.8M-5.7%	$40.1M+58.5%	$25.3M+278%	$6.7M+45.7%
Additions / (Releases)	$16.5M—	——	——	——
Accounts Receivable, Allowance for Credit Loss, Recovery	——	$17.7M-14.9%	$20.8M-4.6%	$21.8M—
Accounts Receivable, Allowance for Credit Loss, Writeoff	——	$55.7M-9.6%	$61.6M+7.3%	$57.4M—
Asset Retirement Obligation Cash Paid To Settle	$73M+0.7%	$72.5M+74.3%	$41.6M+86.5%	$22.3M—
Asset Retirement Obligation Liabilities Incurred	$63.3M-66.7%	$189.9M+708%	$23.5M+147%	$9.5M-59.1%
Asset Retirement Obligation, Liabilities Settled	$73M+0.7%	$72.5M+74.3%	$41.6M+86.5%	$22.3M+99.1%
Changes in estimated cash flows	$25.4M-71.0%	$87.5M+133%	$37.6M+1,275%	-$3.2M+71.4%
Asset sale covenant percentage of consolidated total assets	——	——	——	——
ATM Program Equity Remaining Available for Issuance	$1.35B—	——	——	——
Business Combination, Price of Acquisition, Expected	——	——	——	——
Capital investments accrued but not yet paid	$498.3M+35.8%	$367M—	——	$280.4M+14.1%
Capitalized Cloud Computing, Amortization	$27M+52.5%	$17.7M+40.5%	$12.6M+13.5%	$11.1M+11.0%
Software amortization expense	$76M-10.8%	$85.2M+9.9%	$77.5M+46.0%	$53.1M+7.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect	——	——	$2.29B+11,845%	-$19.5M—
Dividends declared (in dollars per share)	$1.12+5.7%	$1.06+6.0%	$1.00+5.3%	$0.95+8.0%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$1.04B+22.3%	$847.9M+25.1%	$677.9M-23.1%	$881.5M+42.5%
Contributions from tax equity partners	$0—	$0-100%	$240.9M+1,036%	$21.2M—
Federal	-$30.4M-57.5%	-$19.3M—	$0-100%	$400K+500%
Current State And Local Tax Expense Benefit	-$1.6M-117%	$9.4M+77.4%	$5.3M-27.4%	$7.3M+21.7%
Debt Instrument Convertible Conversion Ratio1	——	——	——	——
Total net securities (losses)	-$1M+56.5%	-$2.3M-130%	-$1M—	——
Debt-based post-in-service carrying charges	$47.4M+79.5%	$26.4M-14.0%	$30.7M+45.5%	$21.1M+43.5%
Federal	$411.4M+5.5%	$389.9M-15.0%	$458.6M+153%	$181M+82.5%
Deferred taxes	$236.5M+40.1%	$168.8M+24.9%	$135.2M-14.4%	$158M+39.8%
Deferred and other income taxes	$235.8M+40.4%	$168M+25.3%	$134.1M-14.5%	$156.9M+40.2%
Deferred Other Tax Expense Benefit	-$700K+12.5%	-$800K+20.0%	-$1M+9.1%	-$1.1M0.0%
State	$13.1M+404%	$2.6M-88.4%	$22.5M+198%	-$23M-267%
Defined Contribution Plan Cost Recognized	$59M+3.7%	$56.9M+12.2%	$50.7M+29.7%	$39.1M0.0%
Defined Contribution Plan Employer Matching Contribution Percent	——	——	——	——
Depreciation	$1.01B+23.0%	$820.4M+8.4%	$756.9M+10.5%	$685M+1.9%
Debt discount/cost amortization	$15.2M+10.1%	$13.8M+2.2%	$13.5M+15.4%	$11.7M+6.4%
Distributions to Tax Equity Partners	$14.2M-11.8%	$16.1M+14.2%	$14.1M+135%	$6M—
Dividends, Common Stock, Cash	$533M+10.4%	$483M+16.6%	$414.1M+8.5%	$381.7M+10.5%
Effective tax rates	——	$0.45—	——	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent	——	——	——	——
Nontaxable or nondeductible items	——	——	——	——
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent	——	——	——	——
State income taxes – net of federal income tax benefit	$0-66.7%	$0.01-29.4%	$0.02+240%	$0.01-75.0%
Compensation and employee benefits	——	——	——	——
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount	$5.1M+24.4%	$4.1M—	$0—	——
Share-Based Payment Arrangement, Expense, Tax Benefit	$11.1M+58.6%	$7M-9.1%	$7.7M+114%	$3.6M-10.0%
Income tax benefit realized from option exercises	$5.1M+155%	$2M-31.0%	$2.9M+625%	$400K—
Excess Deferred Income Taxes - ITC / PTC	$68.2M+241%	$20M—	$0—	——
Excess Deferred Income Taxes - ITC / PTC, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Contingency, Other, Percent	——	——	——	——
Deferred income taxes and investment tax credits	-$30.2M+3.2%	-$31.2M+20.4%	-$39.2M—	——
Excess Tax Expense - Share Based Compensation	——	$2M-31.0%	$2.9M+625%	$400K0.0%
Finance Lease, Principal Payments	$22M-18.2%	$26.9M—	——	——
Finance Lease Principal Payments	——	——	$33.1M+9.2%	$30.3M+17.9%
Forward price (USD per share)	——	$114.04—	——	——
Forward Contract Indexed To Issuers Equity Shares	——	——	——	——
Heating assistance	-$2.1M-320%	-$500K+37.5%	-$800K—	——
Impairment And Gain Loss On Sale Of Assets, Net	——	——	$3.2M+103%	-$105.3M-1,468%
Income Loss From Continuing Operations Before Income Taxes Domestic	$1.22B+21.3%	$1B+23.2%	$813.9M-14.9%	$956.4M+35.4%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$8.4M—	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$255.4M+21.3%	$210.6M+23.3%	$170.8M-14.9%	$200.8M+35.4%
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Amount	-$18.2M+33.3%	-$27.3M—	$0—	——
Nontaxable or Nondeductible items	$5.5M-56.0%	$12.5M+136%	$5.3M+1,667%	$300K—
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	-$4.4M-276%	$2.5M+157%	-$4.4M-438%	$1.3M+162%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	$4.9M-58.1%	$11.7M-14.6%	$13.7M+204%	$4.5M-68.1%
Income Taxes Paid, Net	$3.3M-23.3%	$4.3M-54.3%	$9.4M+30.6%	$7.2M+33.3%
Income and other taxes	——	——	——	——
Increase Decrease In Exchange Gas Receivable Payable	——	——	-$126.5M-119%	-$57.8M-151%
Increase Decrease In Finished Goods And Work In Process Inventories	——	——	——	——
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital	——	——	——	——
Increase Decrease In Other Accruals	-$67.9M-615%	-$9.5M-109%	$102.9M+240%	-$73.4M-70.7%
Increase (decrease) in all other liabilities	——	——	——	——
Increase (Decrease) in Other Operating Assets and Liabilities, Net	——	——	——	——
Increase Decrease In Prepayments And Other Current Assets	——	——	$36.7M+474%	-$9.8M+73.2%
Increase (Decrease) in Regulatory Assets and Liabilities	-$55.7M—	——	$26.2M-79.8%	$129.4M+268%
Increase (Decrease) in Tax Expense	$45.7M+146%	$18.6M+174%	-$25.1M-154%	$46.8M—
Increase (Decrease) in Effective Tax Rate	——	——	——	-3.4%+398%
Add - Incremental shares associated with contingently issuable shares (in shares)	4.6M+35.3%	3.4M+21.4%	2.8M-26.3%	3.8M+22.6%
Dilutive shares (in shares)	300K-89.7%	2.9M—	0-100%	4M+81.8%
Effect of equity units (in shares)	——	——	——	——
Add - Incremental shares under stock-based compensation plans (in shares)	——	——	——	——
Interest Expense, Long-Term Debt	$647.8M+28.0%	$506.2M+25.3%	$404.1M+17.3%	$344.5M+2.4%
Interest Paid, Excluding Capitalized Interest, Operating Activity	$557.1M+19.0%	$468.2M+7.9%	$433.9M+26.2%	$343.8M+6.6%
Investment and Production Tax Credits	$19.3M+2.7%	$18.8M—	——	——
Utilization of federal investment tax credits	$32.4M+123%	$14.5M+590%	$2.1M—	——
Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent	——	——	——	——
Line of Credit Facility, Increase, Accrued Interest	——	——	——	——
Long-term material purchase obligations	——	——	——	——
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders	$88.8M+33.7%	$66.4M+371%	$14.1M+135%	$6M—
Miscellaneous Non-Operating Income (Expense)	——	——	$400K—	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$2.1B—	——	$3.84B+237%	$1.14B+19.3%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$4.52B-40.8%	-$3.21B+10.0%	-$3.57B-39.0%	-$2.57B-16.6%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$2.36B+32.6%	$1.78B-7.9%	$1.94B+37.3%	$1.41B+15.7%
Net change in commercial paper and other short-term borrowings	$131.4M+117%	-$794M-225%	$636.4M+215%	$202.2M—
Net Income Available to Common Shareholders - Basic Excluding Participating Securities	——	——	——	——
Net Income Loss Attributable To Noncontrolling Interest	$83.1M-1.4%	$84.3M+311%	-$39.9M-224%	-$12.3M-415%
Leased devices transferred from inventory to property and equipment	——	$65.9M+2.2%	$64.5M+234%	$19.3M-13.8%
Assets acquired under an operating lease	——	$12.2M+118%	$5.6M-36.4%	$8.8M+46.7%
Purchase of non-controlling interest	$231.4M—	——	——	——
Number of reportable segments	——	2—	——	——
Unrealized gains (losses) on available-for-sale securities	$4.1M+24.2%	$3.3M-15.4%	$3.9M+128%	-$14.1M-262%
AOCI before reclass, net of taxes	$24.6M—	——	$600K—	——
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent	$100K0.0%	$100K0.0%	$100K+100%	-$36.4M-333%
Unrealized gains (losses) on hedge instruments	——	——	——	——
Change in net unrealized gain (loss) on derivative instruments	-$400K0.0%	-$400K-100%	-$200K-100%	$109.9M+333%
Other comprehensive income (loss)	$24.2M—	——	$3.5M—	——
Other comprehensive income/(loss)	——	——	——	——
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	-$20.5M—	——	$200K-97.1%	$6.9M+182%
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax	-$4.8M—	——	$100K-95.7%	$2.3M+161%
Tax expense (benefit) of unrealized gains/losses on available for sale securities still held	-$1.1M-22.2%	-$900K+10.0%	-$1M-127%	$3.7M+1,750%
Other income, net (Note 6)	$20.1M-68.8%	$64.5M+706%	$8M-84.7%	$52.2M+27.9%
All other operating activities	$24.8M+150%	-$49.9M-233%	-$15M—	——
Other tax credits	-$3.1M-3.3%	-$3M-100%	-$1.5M—	——
Other tax credits, percent	——	——	——	——
Earnings allocated to participating share awards	$2.6M+62.5%	$1.6M+167%	$600K—	$0—
Payment Of Financing And Stock Issuance Costs	$26.8M-60.2%	$67.3M+123%	$30.2M+132%	$13M-28.6%
Payment of Preferred Stock Redemption Premium	$0-100%	$14M+126%	$6.2M—	$0—
Payment to renewable generation asset developer	$1.1B+128%	$482M-36.7%	$761.4M+135%	$323.9M—
Payments For Advanced Deposits for Project Costs	$373.8M+1,189%	$29M—	$0—	$0—
Payment for (Proceeds from) Other Investing Activity	——	——	——	-$1.3M-230%
Payments for Repurchase of Redeemable Preferred Stock	$0-100%	$486.1M+23.4%	$393.9M—	$0—
Payments of Ordinary Dividends, Common Stock	$530.4M+10.3%	$481M+16.3%	$413.5M+8.4%	$381.5M+10.5%
Payments to Acquire Property, Plant, and Equipment	$2.78B+6.4%	$2.61B-1.2%	$2.65B+20.1%	$2.2B+19.9%
Payments to Noncontrolling Interests	$74.6M+48.3%	$50.3M—	$0—	$0-100%
Customer deposits and credits	-$13M+3.7%	-$13.5M+43.8%	-$24M-187%	$27.6M-22.3%
Percentage of additional subset of assets capped	——	——	——	——
Pre-tax rate for allowance for funds used during construction	——	——	——	——
Preferred stock redemption	——	——	-$393.9M—	——
Prior Period Federal Tax Credit Passback	$4.6M—	——	——	——
Proceeds From Deposits From Customers	——	——	——	——
Proceeds from Issuance of Common Stock	$312.1M-49.1%	$612.6M+4,649%	$12.9M-91.6%	$154.3M-48.5%
Debt issued (Note 13)	$3.35B+50.3%	$2.23B—	——	——
Proceeds from Noncontrolling Interests	$231.4M+133%	$99.5M-95.4%	$2.16B—	$0—
Short-term borrowings/(repayments) less than 90 days — net	——	——	$636.4M—	——
Production tax credit	-$40.5M-598%	-$5.8M-1,833%	-$300K—	——
Production tax credit, Percent	——	——	——	——
Net additions (releases) charged to costs and expenses	——	$38.8M-2.5%	$39.8M+10.6%	$36M—
Allowance for Funds Used During Construction, Capitalized Interest	$32.7M-56.5%	$75.1M+198%	$25.2M+66.9%	$15.1M+15.3%
Reclassified net gains (losses) from AOCI into earnings	-$400K-113%	$3M+3.4%	$2.9M+11.5%	$2.6M+73.3%
Operating revenues	$11.38B+22.1%	$9.32B+69.3%	$5.51B-5.9%	$5.85B+19.4%
Other revenues	$222.5M-24.9%	$296.3M+88.0%	$157.6M+40.7%	$112M-33.5%
Revenue From Contract With Customer Excluding Assessed Tax	$11.16B+23.6%	$9.03B+68.8%	$5.35B-6.8%	$5.74B+21.3%
Revolving credit percentage requirement in NIPSCO	——	——	——	——
Property, plant, and equipment additions	$4.05B+9.7%	$3.69B+37.2%	$2.69B+17.1%	$2.3B—
Dividend reinvestment plan issuances (in shares)	——	——	——	——
Shares Issued - 401(k)	410K-26.1%	555K-13.1%	639K+9.8%	582K-15.3%
Employee Stock Purchase Plan, number of shares purchased by employees	327K-15.7%	388K+4.6%	371K+17.8%	315K-14.4%
Distributed under benefit plans	1.5M+0.7%	1.5M+1.2%	1.5M+102%	748K-10.1%
Issuance of common stock under benefit plans	$9.4M+2.2%	$9.2M-7.1%	$9.9M+2.1%	$9.7M+2.1%
Stock issued for employee stock purchase plan	$7.4M+15.6%	$6.4M+8.5%	$5.9M+13.5%	$5.2M+4.0%
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture	——	$26.6M+5.6%	$25.2M+76.2%	$14.3M+21.2%
Stock Issued/Redeemed During the Period, Shares, Equity Units	——	——	——	——
Tax penalty	-$4M-471%	-$700K—	$0—	——
Taxes other than income taxes and other – net	$344.1M+14.7%	$300M+10.9%	$270.6M+0.9%	$268.3M-6.9%
Transfers between Fair Value Hierarchies	$0—	$0—	$0—	$0—
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	$0—	$0—	$0—	$0—
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	$0—	$0—	$0—	$0—
Utilities Operating Expense, Maintenance and Operations	$1.71B+12.9%	$1.52B+1.4%	$1.49B+0.4%	$1.49B+2.3%
EBITDA	$3B+20.2%	$2.5B+13.4%	$2.2B+5.6%	$2.09B+18.9%
EBITDA margin	26.9%-0.4pp	27.3%-13.9pp	41.2%+4.8pp	36.4%-0.7pp
EBIT	$1.84B+26.1%	$1.46B+12.4%	$1.3B+2.3%	$1.27B+25.7%

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Questions, answered.

What is NiSource's revenue?: NiSource (NI) generated $11.3B in revenue over the trailing twelve months, up 18.1% year over year.
Is NiSource profitable?: NiSource reported $961.8M in net income over the trailing twelve months, a 8.5% net margin.
What are NiSource's profit margins?: Gross margin is 44.9% and operating margin is 16.7%, with a 8.5% net margin.
What is NiSource's earnings per share?: NiSource's diluted EPS over the trailing twelve months is $2.01.
Where does NiSource's income statement data come from?: Every line is extracted from NiSource's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.