NiSource NI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Customer revenues by Business | ||||||
| Columbia Operations | $1.33B+33.1% | $998.1M+108% | $479.7M-19.0% | $592.3M-52.2% | $1.24B+62.3% | |
| Corporate and Other | $1.4M+139% | -$3.6M-400% | $1.2M-52.4% | $2.52M+110% | $1.2M+300% | |
| NIPSCO Operations | $993.7M+25.9% | $789M+3.7% | $760.5M+16.2% | $654.2M-28.1% | $909.6M+39.4% | |
| Other revenues by Business | ||||||
| Columbia Operations | -$5.4M— | —— | $5.2M-41.6% | $8.9M+1,171% | $700K-95.4% | |
| Corporate and Other | $1.4M+7.7% | $1.3M+8.3% | $1.2M0.0% | $1.2M0.0% | $1.2M+300% | |
| NIPSCO Operations | $44.8M+82.1% | $24.6M-7.2% | $26.5M+0.4% | $26.4M-17.0% | $31.8M-2.5% | |
| Regulated Operating Revenue by Business | ||||||
| Columbia Operations | $1.33B+31.8% | $1.01B+106% | $488.2M-19.3% | $604.7M-51.4% | $1.24B+47.7% | |
| NIPSCO Operations | $1.04B-68.6% | $3.31B+320% | $787.3M+15.6% | $680.8M-27.7% | $941.7M-65.8% | |
| Operating Income (Loss) by Business | ||||||
| Columbia Operations | $472.3M+71.7% | $275M+428% | $52.1M-57.4% | $122.2M-72.6% | $445.8M+94.8% | |
| NIPSCO Operations | $348.5M+34.2% | $259.6M+11.6% | $232.6M+73.6% | $134M-57.0% | $311.9M+64.3% | |
| Taxes, Miscellaneous by Business | ||||||
| Columbia Operations | $71.1M-13.1% | $81.8M+57.3% | $52M-0.8% | $52.4M-21.8% | $67M-3.0% | |
| NIPSCO Operations | $20.9M+5.6% | $19.8M+3.7% | $19.1M+5.5% | $18.1M-2.2% | $18.5M+12.1% | |
| Total Assets by Business | ||||||
| Columbia Operations | $16.18B+1.8% | $15.9B+4.2% | $15.27B+1.9% | $14.98B+0.1% | $14.96B+1.3% | |
| NIPSCO Operations | $18.54B+2.3% | $18.13B+1.6% | $17.83B+1.8% | $17.51B+4.2% | $16.81B+6.2% | |
| Cost of energy by Business | ||||||
| Columbia Operations | $383.9M+41.6% | $271.1M+363% | $58.5M-47.0% | $110.4M-70.9% | $379.8M+94.4% | |
| NIPSCO Operations | $285.3M+35.6% | $210.4M+55.6% | $135.2M-10.7% | $151.4M-43.4% | $267.7M+47.7% | |
| Recoveries of amounts previously written off by Business | ||||||
| Columbia Operations | $3.2M-57.9% | $7.6M— | —— | $11.4M+293% | $2.9M— | |
| NIPSCO Operations | $400K— | —— | —— | $900K+350% | $200K— | |
| Utilities Operating Expense, Maintenance and Operations by Business | ||||||
| Columbia Operations | $278.4M+7.0% | $260.2M+22.3% | $212.8M+2.5% | $207.7M-14.5% | $243M+4.5% | |
| NIPSCO Operations | $221.4M+0.3% | $220.8M+2.6% | $215.1M+1.9% | $211M+4.5% | $202M-1.4% | |
| Current period provisions by Business | ||||||
| Columbia Operations | $11.8M-26.7% | $16.1M— | —— | $33.2M+265% | $9.1M— | |
| NIPSCO Operations | $6.6M— | —— | —— | $20.9M+410% | $4.1M— | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Columbia Operations | $120.9M+1.9% | $118.6M+5.2% | $112.7M+0.9% | $111.7M+3.2% | $108.2M-0.3% | |
| NIPSCO Operations | $162.7M-13.5% | $188.1M+1.5% | $185.3M+11.7% | $165.9M+17.4% | $141.3M-10.5% | |
| Accounts Receivable, Allowance for Credit Loss by Business | ||||||
| Columbia Operations | $18.5M+18.6% | $15.6M+420% | $3M-73.7% | $11.4M-18.6% | $14M+42.9% | |
| NIPSCO Operations | $27.6M+10.4% | $25M+60.3% | $15.6M-1.9% | $15.9M+1.9% | $15.6M+12.2% | |
| Write-offs charged against allowance by Business | ||||||
| Columbia Operations | $12.1M— | —— | —— | $43M+451% | $7.8M— | |
| NIPSCO Operations | $4.4M— | —— | —— | $12.4M+377% | $2.6M— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does NiSource break its business down?
- NiSource (NI) reports customer revenues by business across 3 parts — Columbia Operations, Corporate and Other and NIPSCO Operations. Each is extracted from the segment footnotes and tracked over time.
- Where does NiSource's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in NiSource's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
