NiSource NI Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Customer revenues by Business | ||||||
| Columbia Operations | $3.4B+2.7% | $3.31B+7.6% | $3.08B+2.1% | $3.01B+4.0% | $2.9B+12.8% | |
| Corporate and Other | $1.52M+15.2% | $1.32M-69.5% | $4.32M+26.3% | $3.42M+242% | $1M— | |
| NIPSCO Operations | $3.2B+2.7% | $3.11B+4.6% | $2.98B+4.6% | $2.84B+2.8% | $2.77B+6.8% | |
| Other revenues by Business | ||||||
| Corporate and Other | $5.1M+4.1% | $4.9M+25.6% | $3.9M+30.0% | $3M+57.9% | $1.9M+111% | |
| NIPSCO Operations | $122.3M+11.9% | $109.3M-6.8% | $117.3M+2.4% | $114.6M+5.5% | $108.6M+12.5% | |
| Regulated Operating Revenue by Business | ||||||
| Columbia Operations | $3.43B+2.5% | $3.34B+5.2% | $3.18B+2.0% | $3.12B+3.8% | $3B+10.6% | |
| NIPSCO Operations | $5.81B+1.7% | $5.72B+10.8% | $5.16B+2.7% | $5.03B+1.7% | $4.94B+4.0% | |
| Operating Income (Loss) by Business | ||||||
| Columbia Operations | $921.6M+3.0% | $895.1M+5.4% | $849M+1.3% | $838.1M+3.2% | $812.5M+11.5% | |
| NIPSCO Operations | $974.7M+3.9% | $938.1M+8.0% | $868.3M+7.6% | $807M-1.0% | $815.3M+13.3% | |
| Taxes, Miscellaneous by Business | ||||||
| Columbia Operations | $257.3M+1.6% | $253.2M+5.3% | $240.5M+2.8% | $233.9M+2.4% | $228.4M+4.5% | |
| NIPSCO Operations | $77.9M+3.2% | $75.5M+4.6% | $72.2M+5.4% | $68.5M+2.7% | $66.7M+3.7% | |
| Total Assets by Business | ||||||
| Columbia Operations | $62.34B+2.0% | $61.12B+1.9% | $59.98B+1.9% | $58.89B+1.9% | $57.77B+2.1% | |
| NIPSCO Operations | $72.01B+2.5% | $70.28B+3.4% | $67.98B+3.6% | $65.59B+4.3% | $62.87B+4.3% | |
| Cost of energy by Business | ||||||
| Columbia Operations | $823.9M+0.5% | $819.8M+10.2% | $744.1M+3.4% | $719.8M+8.1% | $665.7M+29.3% | |
| NIPSCO Operations | $782.3M+2.3% | $764.7M+4.0% | $735.5M+0.5% | $732M+6.2% | $689M+11.6% | |
| Utilities Operating Expense, Maintenance and Operations by Business | ||||||
| Columbia Operations | $959.1M+3.8% | $923.7M+3.1% | $896.1M+1.1% | $886.2M+1.9% | $869.8M+3.9% | |
| NIPSCO Operations | $868.3M+2.3% | $848.9M+1.9% | $833M+4.7% | $795.6M+3.0% | $772.1M+1.4% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Columbia Operations | $463.9M+2.8% | $451.2M+2.3% | $441.1M+2.2% | $431.4M+2.9% | $419.1M+2.4% | |
| NIPSCO Operations | $702M+3.1% | $680.6M+4.7% | $650.3M+4.6% | $621.8M+3.8% | $598.9M+1.5% | |
| Accounts Receivable, Allowance for Credit Loss by Business | ||||||
| Columbia Operations | $48.5M+10.2% | $44M+15.2% | $38.2M-1.8% | $38.9M-4.0% | $40.5M-9.0% | |
| NIPSCO Operations | $84.1M+16.6% | $72.1M+18.2% | $61M+2.7% | $59.4M+4.8% | $56.7M+3.7% |
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.
