Operating revenues
NiSource Operating revenues decreased by 64.4% to $2.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $2.18B to $2.36B. Over 4 years (FY 2021 to FY 2025), Operating revenues shows an upward trend with a 23.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher demand or successful rate adjustments, while a decrease may signal lower consumption or regulatory pressure.
Detailed definition
This represents the total revenue generated from regulated utility operations, primarily electricity and natural gas dis...
Peer comparison
Standard for all regulated utility companies; peers typically report this as 'Regulated Revenue'.
other_regulated_operating_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $986.00M | $959.40M | $1.41B | $1.87B | $1.18B | $1.09B | $1.70B | $1.97B | $1.09B | $1.03B | $1.42B | $1.71B | $1.08B | $1.08B | $5.46B | $2.18B | $1.28B | $1.27B | $6.64B | $2.36B |
| QoQ Change | — | -2.7% | +46.8% | +33.0% | -36.8% | -7.9% | +56.5% | +15.3% | -44.6% | -5.7% | +38.4% | +20.0% | -36.4% | -0.8% | +406.8% | -60.0% | -41.2% | -0.8% | +421.7% | -64.4% |
| YoY Change | — | — | — | — | +20.0% | +13.6% | +21.0% | +4.9% | -7.9% | -5.7% | -16.6% | -13.2% | -0.5% | +4.8% | +283.6% | +27.9% | +18.3% | +18.3% | +21.8% | +8.2% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Columbia Operations | — | — | — | $1.24B | $604.70M | $488.20M | $1.01B | $1.33B |
| NIPSCO Operations | $597.40M | $652.90M | $2.75B | $941.70M | $680.80M | $787.30M | $3.31B | $1.04B |
| Corporate Segment and Other Operating Segment | $225.00K | $225.00K | $225.00K | $1.23M | $1.23M | $1.23M | $1.23M | — |
| Electric Operations | $687.75M | $687.75M | $687.75M | — | — | — | — | — |
| Total | $1.08B | $1.08B | $5.46B | $2.18B | $1.28B | $1.27B | $6.64B | $2.36B |
Corporate Segment and Other Operating Segment, Electric Operations, Gas Distribution Operations were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating revenues at Other Companies
Frequently Asked Questions
- What is NiSource's operating revenues?
- NiSource (NI) reported operating revenues of $2.36B in Q1 2026.
- How has NiSource's operating revenues changed year-over-year?
- NiSource's operating revenues increased by 8.2% year-over-year, from $2.18B to $2.36B.
- What is the long-term trend for NiSource's operating revenues?
- Over 4 years (2021 to 2025), NiSource's operating revenues has grown at a 23.5% compound annual growth rate (CAGR), from $4.90B to $11.38B.
- What does operating revenues mean?
- Revenue earned from core regulated utility services.