NISOURCE INC.

NI Utilities · Utilities

Latest period 2026-06-30 · 38 filings on record

Quarterly TTM Annual

8Q 3Y 5Y 10Y MAX

TTM 24-09 → TTM 26-06 8 TTM POINTS

SHOWING Trailing twelve months — each point sums the four quarters ending there.

Ranked against Utilities · 35 peers

Each grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.

Growth 21st pct

▼−24 over range · as of 2026-06-30

Revenue +3.4% YoY, earnings -55.5% YoY · sector avg 73

Quality 32nd pct

▲+6 over range · as of 2026-06-30

3.5% net margin, 8% return on equity, -10% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 51

Safety 23rd pct

▲+2 over range · as of 2026-06-30

Net debt 5.5x EBITDA, 1x interest coverage, 0.5x current ratio · sector avg 65

OVERVIEWvs prior TTM Δ

Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it

Revenue $11.4B +0.4% Gross margin 86.5% +0.7pp Operating margin 16.4% −0.4pp Net margin 8.0% −0.5pp CHARTED Net income $905.1M −5.9%

Debt / equity 1.46 +4.1%

EPS (diluted) — — EBITDA $3.1B +1.3%

Filings

TTM 24-09 → TTM 26-06 · following the period bar 11 match

ALL 10-K 10-Q Q1 Q2 Q3 FY SORT NEWEST ↓

Filings by fiscal year and period
Year	Q1	Q2	Q3	FY
2026	10-Q Q1 2026	10-Q Q2 2026	no filing	no filing
2025	10-Q Q1 2025	10-Q Q2 2025	10-Q Q3 2025	10-K FY 2025
2024	10-Q Q1 2024	10-Q Q2 2024	10-Q Q3 2024	10-K FY 2024
2023	no filing	no filing	no filing	10-K FY 2023

10-Q Q2 2026 2026-08-05 Pro → 10-Q Q1 2026 2026-05-06 Pro → 10-K FY 2025 2026-02-11 Pro → 10-Q Q3 2025 2025-10-29 Pro → 10-Q Q2 2025 2025-08-06 Pro → 10-Q Q1 2025 2025-05-07 Pro →

All 11 filings

10-K FY 2024 2025-02-12 Pro → 10-Q Q3 2024 2024-10-30 Pro → 10-Q Q2 2024 2024-08-07 Pro → 10-Q Q1 2024 2024-05-08 Pro → 10-K FY 2023 2024-02-21 Pro →

Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans

Trends

Trailing twelve months, rolling one quarter at a time

Revenue

Latest$11.4B vs prior TTM+0.4% Periods8

Revenue by period
Period	Period end	Revenue
TTM 24-09	2024-09-30	$5.2B
TTM 24-12	2024-12-31	$9.2B
TTM 25-03	2025-03-31	$9.6B
TTM 25-06	2025-06-30	$9.8B
TTM 25-09	2025-09-30	$9.9B
TTM 25-12	2025-12-31	$11.2B
TTM 26-03	2026-03-31	$11.3B
TTM 26-06	2026-06-30	$11.4B

Net income

Latest$905.1M vs prior TTM−5.9% Periods8

Net income by period
Period	Period end	Net income
TTM 24-09	2024-09-30	$773.9M
TTM 24-12	2024-12-31	$760.4M
TTM 25-03	2025-03-31	$870.2M
TTM 25-06	2025-06-30	$886.6M
TTM 25-09	2025-09-30	$895.6M
TTM 25-12	2025-12-31	$929.5M
TTM 26-03	2026-03-31	$961.8M
TTM 26-06	2026-06-30	$905.1M

Operating income

Latest$1.9B vs prior TTM−1.8% Periods8

Operating income by period
Period	Period end	Operating income
TTM 24-09	2024-09-30	$1.4B
TTM 24-12	2024-12-31	$1.5B
TTM 25-03	2025-03-31	$1.6B
TTM 25-06	2025-06-30	$1.7B
TTM 25-09	2025-09-30	$1.7B
TTM 25-12	2025-12-31	$1.8B
TTM 26-03	2026-03-31	$1.9B
TTM 26-06	2026-06-30	$1.9B

Net margin

Latest8.0% vs prior TTM−0.5pp Periods8

Net margin by period
Period	Period end	Net margin
TTM 24-09	2024-09-30	14.7%
TTM 24-12	2024-12-31	8.3%
TTM 25-03	2025-03-31	9.1%
TTM 25-06	2025-06-30	9.1%
TTM 25-09	2025-09-30	9.0%
TTM 25-12	2025-12-31	8.3%
TTM 26-03	2026-03-31	8.5%
TTM 26-06	2026-06-30	8.0%

ZOOM

TTM 10-12 TTM 26-06

Grade history

Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.

Growth 21 Quality 32 Safety 23

Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100

Grade history by period
Period	Period end	Growth	Quality	Safety
TTM 24-09	2024-09-30	46	26	21
TTM 24-12	2024-12-31	67	33	53
TTM 25-03	2025-03-31	81	54	55
TTM 25-06	2025-06-30	71	39	35
TTM 25-09	2025-09-30	66	33	22
TTM 25-12	2025-12-31	77	35	57
TTM 26-03	2026-03-31	36	53	55
TTM 26-06	2026-06-30	21	32	23