NiSource Inc (NI) — Financial statements
Income statement, balance sheet, and cash flow for NiSource Inc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,642↑21.8% | 5,455↓0.9% | 5,505↓5.9% | 5,851↑19.4% | 4,900 | |
| Cost of Revenue | 2,752↑4.0% | 2,647↓12.6% | 3,028↓15.9% | 3,600↑26.4% | 2,848 | |
| Gross Profit | 3,890↑38.6% | 2,808↑13.3% | 2,477↑10.1% | 2,251↑9.7% | 2,051 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 14↓43.8% | 24↑187.0% | -28↑22.3% | -36 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,710↑12568.1% | 14↓43.8% | 24↑187.0% | -28↑22.3% | -36 | |
| Other Expenses | 344↓74.3% | 1,339↑15.6% | 1,158↑14.3% | 1,013↓6.2% | 1,080 | |
| Operating Expenses | 2,054↑51.9% | 1,352↑14.4% | 1,182↑20.0% | 985↓5.7% | 1,044 | |
| Total Costs & Expenses | 4,806↑20.2% | 4,000↓5.0% | 4,210↓8.2% | 4,585↑17.8% | 3,893 | |
| Operating Results | ||||||
| Operating Income | 1,835↑26.1% | 1,456↑12.4% | 1,296↑2.3% | 1,266↑25.7% | 1,007 | |
| Depreciation & Amortization | 1,168↑11.9% | 1,043↑14.9% | 908↑10.6% | 821↑9.7% | 748 | |
| EBITDA | 3,004↑16.9% | 2,569↑15.6% | 2,223↑3.4% | 2,149↑19.5% | 1,798 | |
| EBIT | 1,836↑20.3% | 1,526↑16.0% | 1,315↓1.0% | 1,329↑26.5% | 1,050 | |
| Interest & Other Income | ||||||
| Net Interest Income | -629↓24.1% | -507↓5.5% | -481↓34.5% | -357↓6.0% | -337 | |
| Interest Income | 10↓1.9% | 10↑15.6% | 9↑109.3% | 4↑7.5% | 4 | |
| Interest Expense | 639↑23.5% | 517↑5.6% | 490↑35.8% | 361↑5.7% | 341 | |
| Non-Operating Income | 0.00↑100.0% | -70↓259.2% | -20↑68.8% | -63↓45.7% | -43 | |
| Other Income / Expenses | -619↓36.7% | -453↑6.0% | -482↓55.7% | -309↓3.0% | -300 | |
| Income Before Tax | 1,216↑21.3% | 1,003↑23.2% | 814↓14.9% | 956↑35.4% | 707 | |
| Income Tax Expense | 204↑28.9% | 158↑13.3% | 140↓15.2% | 165↑39.7% | 118 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,013↑19.9% | 845↑25.3% | 674↓14.8% | 792↑34.5% | 589 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 930↑22.2% | 760↑6.5% | 714↓11.2% | 804↑37.5% | 585 | |
| Bottom-Line Net Income | 927↑25.6% | 738↑11.5% | 662↓11.7% | 749↑41.4% | 530 | |
| EPS (Basic) | 1.96↑20.2% | 1.63↑2.5% | 1.59↓13.6% | 1.84↑36.3% | 1.35 | |
| EPS (Diluted) | 1.95↑20.4% | 1.62↑9.5% | 1.48↓12.9% | 1.70↑33.9% | 1.27 | |
| Weighted Average Shares | 473↑4.1% | 454↑9.2% | 416↑2.2% | 407↑3.4% | 394 | |
| Weighted Average Diluted Shares | 475↑4.1% | 456↑1.8% | 448↑1.2% | 443↑6.1% | 417 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.