FY2025 · ended Dec 31, 2025 · Revenue $6.52B, +23.5% YoY · Filed Feb 11, 2026
Nisource Inc. (NI) files with the SEC under industry code 4931, Electric & Other Services Combined. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $6.5 billion and net income of $929.5 million. Free cash flow was -$420.0 million. As of Sep 30, 2026 it held $223.6 million in cash and investments and $780.0 million in total debt.
Revenue (TTM)
$6.80B
+10.1% vs year-ago TTM
Net income (TTM)
$939.90M
+4.9% vs year-ago TTM
Operating cash flow (TTM)
$2.38B
+8.8% vs year-ago TTM
Free cash flow (TTM)
$-1.57B
-209.3% vs year-ago TTM
EPS (TTM)
$1.96
+3.4% vs year-ago TTM
Dividend per share (TTM)
$1.20
+7.1% vs year-ago TTM
Shares outstanding
478.53M
+1.8% vs prior year
Net cash
$-556.40M
as of Sep 30, 2026
Operating margin
28.0%
FY 2026
Company profile
- Industry
- Electric & Other Services Combined (SIC 4931)
- Listed as
- NI (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Merrillville, IN
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1111711
- Former names
- NISOURCE INC/DE (until Jun 26, 2019); NEW NISOURCE INC (until Nov 2, 2000)
Other Electric & Other Services Combined companies
- Duke Energy CORP DUK
- Xcel Energy Inc XEL
- Exelon Corp EXC
- Consolidated Edison Inc ED
- PG&E Corp PCG
- Wec Energy Group, Inc. WEC
- Public Service Enterprise Group Inc PEG
- Ameren Corp AEE
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $6.5B | $5.3B | $5.3B | $5.7B | $4.7B |
| Operating income | $1.8B | $1.5B | $1.3B | $1.3B | $1.0B |
| Net income | $929.5M | $760.4M | $714.3M | $804.1M | $584.9M |
| Diluted EPS | $1.95 | $1.62 | $1.48 | $1.70 | $1.27 |
| Operating cash flow | $2.4B | $1.8B | $1.9B | $1.4B | $1.2B |
| Free cash flow | -$420.0M | -$832.5M | -$710.7M | -$793.7M | -$620.1M |
| Total assets | $35.9B | $31.8B | $31.1B | $26.7B | $24.2B |
| Stockholders' equity | $9.5B | $8.7B | $8.3B | $7.6B | $6.9B |
| Cash and investments | $256.2M | $243.3M | $2.4B | $192.4M | $256.0M |
| Total debt | $1.1B | $2.2B | $3.3B | $2.0B | $780.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
New debt
|
Oct 16, 2026 | Oct 15, 2026 |
| 8-K |
Current report
Other events
|
Aug 18, 2026 | Aug 18, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 5, 2026 | Aug 5, 2026 |
All 1001 Nisource Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.