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NiSource NI NIPSCO Operations — Write-offs charged against allowance

Other segment segments

Columbia Operations
$12.1M+55.1%

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WECUtility operations — Accounts Receivable, Allowance for Credit Loss, Writeoff
$60.6M+0.8%
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MDUNatural gas distribution — Less write-offs charged against the allowance
$1.1M-13.5%
Cadence Design Systems logo
CDNSAccounts Receivable, Allowance for Credit Loss, Writeoff
$687.25K+234%
Charles River Laboratories logo
CRLAccounts Receivable, Allowance for Credit Loss, Writeoff
$2.4M-40.8%
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KNFEnergy Services — Less write-offs charged against the allowance
$37K-85.9%
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THAccounts Receivable, Allowance for Credit Loss, Writeoff
$251.25K+268%

Other financials

Income statement

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Revenue$2.3B+8.0%
Gross profit$1.7B+10.1%
Operating income$819.2M+7.9%
Net income$507.1M+6.8%
EPS (diluted)$1.06+6.0%

Balance sheet

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Cash & equivalents$71.9M-72.3%
Total debt$16.7B+23.1%
Total equity$9.7B+8.6%
Total assets$36.6B+10.6%

Cash flow

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Operating cash flow$442.3M-35.6%
CapEx$805.2M+26.3%
Free cash flow-$362.9M-839%

Valuation

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Market cap$22.8B+23.0%
Enterprise value$39.48B+20.8%
P/E23.7×+2.8×
P/S+0.1×

Profitability

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Gross margin44.9%-0.7pp
Operating margin16.7%-0.3pp
Net margin8.5%-0.6pp
FCF margin-7.3%+0.7pp

Returns & leverage

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Return on equity10.4%0.0pp
Debt / equity1.7×+0.2×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by NiSource in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableWriteOffs.

The official record: NiSource’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NiSource's NIPSCO operations — write-offs charged against allowance?
NiSource (NI) reported NIPSCO operations — write-offs charged against allowance of $4.4M in Q1 2026.
How has NiSource's NIPSCO operations — write-offs charged against allowance changed year-over-year?
NiSource's NIPSCO operations — write-offs charged against allowance increased by 69.2% year-over-year, from $2.6M to $4.4M.
What does NIPSCO operations — write-offs charged against allowance mean?
This represents the actual amount of customer accounts receivable that have been deemed uncollectible and removed from the balance sheet. It reflects the realization of credit losses previously estimated in the allowance account.