NiSource financials
$39.32+0.56%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.64B | $5.46B | $5.51B | $5.85B | $4.90B | $4.68B | $5.21B | $5.11B | $4.87B | $4.49B |
| Gross profit | $5.06B | $4.32B | $3.97B | $3.74B | $3.51B | $3.57B | $3.67B | $3.35B | $3.36B | $3.10B |
| Gross margin | 76.1% | 79.2% | 72.1% | 63.9% | 71.6% | 76.3% | 70.5% | 65.6% | 68.8% | 69.1% |
| Operating income | $1.84B | $1.46B | $1.30B | $1.16B | $1.01B | $550.8M | $890.7M | $124.7M | $921.2M | $866.1M |
| Net income | $929.5M | $739.7M | $661.7M | $749.0M | $529.8M | -$72.7M | $328.0M | -$65.6M | $128.5M | $331.5M |
| Net margin | 14.0% | 13.6% | 12.0% | 12.8% | 10.8% | −1.6% | 6.3% | −1.3% | 2.6% | 7.4% |
| Diluted EPS | $1.95 | $1.62 | $1.48 | $1.70 | $1.27 | $-0.19 | $0.87 | $-0.18 | $0.39 | $1.02 |
| EBITDA | $3.00B | $2.51B | $2.21B | $1.98B | $1.76B | $1.69B | $2.02B | $725.5M | $1.50B | $1.41B |
| Operating cash flow | $2.36B | $1.78B | $1.94B | $1.41B | $1.10B | $1.10B | $1.58B | $540.1M | $742.2M | $803.3M |
| Free cash flow | -$1.71B | -$1.48B | -$1.63B | -$1.27B | -$740.5M | -$654.1M | -$219.1M | -$1.28B | -$953.6M | -$671.9M |
| Diluted shares | 474.5M | 456.0M | 447.9M | 442.7M | 417.3M | 384.3M | 376.0M | 356.5M | 330.8M | 323.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $110.1M | $156.6M | $2.25B | $40.8M | $84.2M | $116.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $16.42B | $14.12B | $14.26B | $11.45B | $9.91B | $9.85B |
| Total assets | $35.86B | $31.79B | $31.08B | $26.74B | $24.16B | $22.04B |
| Total liabilities | $24.20B | $21.12B | $20.94B | $18.83B | $16.88B | $16.20B |
| Shareholders' equity | $11.66B | $10.67B | $10.14B | $7.90B | $7.27B | $5.84B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology