NiSource Q1 FY26: where the revenue came from and where it went
The whole income statement of NiSource for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 6, 2026
Revenue$2.3B
+8% year over year
Gross profit$1.7B
71% margin
Operating profit$0.8B
35% margin
Net profit$0.5B
22% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.3 | 100% | +8% |
| Columbia operations | 1.3 | 57% | +7% |
| Nipsco operations | 1.0 | 43% | +9% |
| Cost of revenue | −0.7 | 29% | |
| Gross profit | 1.7 | 71% margin | +1pp |
| Operating expenses | −0.8 | 36% | +0pp |
| Operating profit | 0.8 | 35% margin | +0pp |
| Interest & other costs | −0.2 | ||
| Tax | −0.1 | ||
| Net profit | 0.5 | 22% margin | +0pp |
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