NiSource Inc. (NI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 2.36B | 1.9B | 1.27B | 1.28B | 2.18B | 1.59B | 1.08B | 1.08B | 1.71B | 1.42B | 1.03B | 1.09B | 1.97B | 1.7B | 1.09B | 1.18B | 1.87B | 1.41B | 959.4M | 986M |
| Revenue Growth % | 8.24% | 19.85% | 18.28% | 18.28% | 27.95% | 11.66% | 4.76% | -0.49% | -13.21% | -16.58% | -5.7% | -7.88% | 4.95% | 21.01% | 13.56% | 20% | 21.2% | 16.32% | 6.3% | 2.42% |
| Cost of Revenue | 957.5M | 796.9M | 594.7M | 658M | 1.08B | 798.3M | 523.3M | 522.4M | 803.4M | 728M | 522.5M | 621.4M | 1.16B | 1.05B | 678.7M | 765.6M | 1.1B | 859.5M | 559.4M | 591.1M |
| Gross Profit | 1.41B | 1.11B | 678.4M | 625M | 1.11B | 789.5M | 553M | 562.3M | 902.9M | 694M | 504.9M | 468.6M | 809.7M | 650M | 410.8M | 417.6M | 772.3M | 549.1M | 400M | 394.9M |
| Gross Margin % | 59.48% | 58.12% | 53.29% | 48.71% | 50.75% | 49.72% | 51.38% | 51.84% | 52.92% | 48.8% | 49.14% | 42.99% | 41.19% | 38.13% | 37.71% | 35.29% | 41.23% | 38.98% | 41.69% | 40.05% |
| Gross Profit Growth % | 26.87% | 40.09% | 22.68% | 11.15% | 22.7% | 13.76% | 9.53% | 20% | 11.51% | 6.77% | 22.91% | 12.21% | 4.84% | 18.38% | 2.7% | 5.75% | 9.19% | 12.68% | 5.4% | -6.24% |
| Operating Expenses | 586.4M | 590.8M | 380.9M | 362.1M | 348.5M | 372.7M | 334.7M | 325.3M | 319.5M | 331.4M | 271.9M | 299.7M | 278.7M | 284.5M | 254.1M | 274.3M | 172M | 264.7M | 252.9M | 252.7M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 1.11B | 830.9M | 604.4M | 549.6M | 1.02B | 694.9M | 487.8M | 490.5M | 825.5M | 619.9M | 443.9M | 402M | 737.9M | 581.7M | 359.9M | 352M | 793M | 472.6M | 336M | 328.5M |
| EBITDA Margin % | 46.87% | 43.66% | 47.47% | 42.84% | 46.63% | 43.76% | 45.32% | 45.22% | 48.38% | 43.59% | 43.21% | 36.88% | 37.53% | 34.13% | 33.03% | 29.75% | 42.33% | 33.55% | 35.02% | 33.32% |
| EBITDA Growth % | 8.79% | 19.57% | 23.9% | 12.05% | 23.32% | 12.1% | 9.89% | 22.01% | 11.87% | 6.57% | 23.34% | 14.2% | -6.95% | 23.09% | 7.11% | 7.15% | 28.28% | 17.68% | 22.9% | 22.03% |
| Depreciation & Amortization | 288.3M | 315.4M | 306.9M | 286.7M | 258.6M | 278.1M | 269.5M | 253.5M | 242.1M | 257.3M | 210.9M | 233.1M | 206.9M | 216.2M | 203.2M | 208.7M | 192.7M | 188.2M | 188.9M | 186.3M |
| D&A / Revenue % | 12.2% | 16.57% | 24.11% | 22.35% | 11.84% | 17.51% | 25.04% | 23.37% | 14.19% | 18.09% | 20.53% | 21.39% | 10.52% | 12.68% | 18.65% | 17.64% | 10.29% | 13.36% | 19.69% | 18.89% |
| Operating Income (EBIT) | 819.2M | 515.5M | 297.5M | 262.9M | 759.4M | 416.8M | 218.3M | 237M | 583.4M | 362.6M | 233M | 168.9M | 531M | 365.5M | 156.7M | 143.3M | 600.3M | 284.4M | 147.1M | 142.2M |
| Operating Margin % | 34.67% | 27.09% | 23.37% | 20.49% | 34.78% | 26.25% | 20.28% | 21.85% | 34.19% | 25.5% | 22.68% | 15.5% | 27.01% | 21.44% | 14.38% | 12.11% | 32.05% | 20.19% | 15.33% | 14.42% |
| Operating Income Growth % | 7.87% | 23.68% | 36.28% | 10.93% | 30.17% | 14.95% | -6.31% | 40.32% | 9.87% | -0.79% | 48.69% | 17.86% | -11.54% | 28.52% | 6.53% | 0.77% | 38.57% | 30.4% | 58.51% | 55.07% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 4.28x | 2.75x | 1.71x | 1.89x | 5.76x | 3.18x | 1.84x | 1.93x | 5.10x | 2.70x | 1.79x | 1.55x | 4.89x | 3.54x | 1.82x | 1.80x | 7.30x | 3.31x | 1.91x | 1.83x |
| Interest / Revenue % | 0.04% | 0.05% | 0.08% | 0.08% | 0.05% | 0.06% | 0.09% | 0.09% | 0.06% | 0.07% | 0.1% | 0.09% | 0.05% | 0.06% | 0.09% | 0.08% | 0.05% | 0.07% | 0.1% | 0.1% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 642M | 332.1M | 127.6M | 124.3M | 632.4M | 292.9M | 112.9M | 120.7M | 476.3M | 227.7M | 102.2M | 60.4M | 423.6M | 285.9M | 75.2M | 67.8M | 527.5M | 200.4M | 77M | 70.1M |
| Pretax Margin % | 27.17% | 17.45% | 10.02% | 9.69% | 28.97% | 18.45% | 10.49% | 11.13% | 27.91% | 16.01% | 9.95% | 5.54% | 21.55% | 16.77% | 6.9% | 5.73% | 28.16% | 14.23% | 8.03% | 7.11% |
| Income Tax | 85.8M | 53.7M | 20.6M | 23.8M | 105.7M | 48.6M | 15.9M | 17.6M | 76M | 35.8M | 3.8M | 14.1M | 85.8M | 44.7M | 11.7M | 12M | 96.2M | 27.2M | 14.8M | 13.2M |
| Effective Tax Rate % | 13.36% | 16.17% | 16.14% | 19.15% | 16.71% | 16.59% | 14.08% | 14.58% | 15.96% | 15.72% | 3.72% | 23.34% | 20.25% | 15.63% | 15.56% | 17.7% | 18.24% | 13.57% | 19.22% | 18.83% |
| Net Income | 507.1M | 257.8M | 94.7M | 102.2M | 474.8M | 223.9M | 85.7M | 85.8M | 365M | 237.4M | 85.1M | 58.8M | 333M | 244.5M | 65.8M | 67M | 426.8M | 165.9M | 63.2M | 60.3M |
| Net Margin % | 21.46% | 13.55% | 7.44% | 7.97% | 21.75% | 14.1% | 7.96% | 7.91% | 21.39% | 16.69% | 8.28% | 5.39% | 16.94% | 14.34% | 6.04% | 5.66% | 22.78% | 11.78% | 6.59% | 6.12% |
| Net Income Growth % | 6.8% | 15.14% | 10.5% | 19.11% | 30.08% | -5.69% | 0.71% | 45.92% | 9.61% | -2.9% | 29.33% | -12.24% | -21.98% | 47.38% | 4.11% | 11.11% | 44.43% | 96.56% | 136.55% | 1382.98% |
| EPS (Diluted) | 1.06 | 0.53 | 0.20 | 0.22 | 1.00 | 0.48 | 0.19 | 0.19 | 0.77 | 0.50 | 0.17 | 0.09 | 0.71 | 0.52 | 0.12 | 0.12 | 0.94 | 0.35 | 0.12 | 0.11 |
| EPS Growth % | 6% | 11.58% | 5.26% | 15.79% | 29.87% | -5.36% | 11.76% | 111.11% | 8.45% | -2.62% | 41.67% | -25% | -24.47% | 46.68% | 0% | 9.09% | 30.56% | 90.75% | 124.49% | 320% |
| EPS (Basic) | 1.06 | 0.54 | 0.20 | 0.22 | 1.01 | 0.48 | 0.19 | 0.19 | 0.77 | 0.53 | 0.19 | 0.10 | 0.77 | 0.56 | 0.13 | 0.13 | 1.02 | 0.38 | 0.13 | 0.12 |
| Diluted Shares Outstanding | 480.9M | 474.5M | 473.7M | 472.1M | 472.5M | 469.9M | 454.5M | 450.2M | 449.4M | 449.3M | 448.3M | 446.8M | 447.1M | 444.9M | 443.4M | 440.2M | 441.4M | 430.3M | 430.3M | 422.9M |