The financials
NiSource by the numbers
NiSource (NI) reported revenue of $1.29B in Q2 2026 (quarter ended June 30, 2026), up 3.4% from the same quarter a year earlier. That came with a gross margin of 85% and net income of $46M (3.5% of revenue). For the full year FY2025, revenue was $6.52B (+23% year on year) and net income $930M. Its largest segment in 2026-Q2 was Columbia Operations at $400M, 80% of the disclosed total, just ahead of NIPSCO Operations at 20%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.29B | $1.25B | +3.4% |
| Gross profit | $1.10B | $985M | +11% |
| Operating income | $228M | $263M | −13% |
| Net income | $46M | $102M | −55% |
| Diluted EPS | $0.09 | $0.22 | −59% |
| Operating | Revenue | Share |
|---|---|---|
| Columbia Operations | $400M | 80% |
| NIPSCO Operations | $102M | 20% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $502.1M (-59%)
Columbia Operations grew +0.73% year on yearNIPSCO Operations -11% year on year
Segment Latestquarter on quarteryear on year
- Columbia Operations$399.9M$399.9MQoQ -56%year on year +0.73%-56%+0.73%
- NIPSCO Operations$102.2M$102.2MQoQ -68%year on year -11%-68%-11%
- Corporate And Other$0.00$0.00QoQ -year on year ---
Utilities - Regulated Gas
Ranks #6 of 13 by Smart Score