Financial insights of NI

MyFinsight

For the year ending 2025-12-31, NI made $6,522,800K in revenue. $929,500K in net income. Net profit margin of 14.25%.

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Customer revenues	6,522,800	5,282,900	-	5,738,600
Other revenues	119,400	172,200	-	112,000
Total operating revenues	6,642,200	5,455,100	-	5,850,600
Cost of energy	1,584,400	1,132,200	-	2,110,500
Operation and maintenance	1,710,200	1,515,200	-	1,489,400
Depreciation and amortization	1,167,600	1,043,200	-	820,800
Loss on impairment of assets	700	6,100	-	-
Loss (gain) on sale of assets, net	100	-2,900	-	-104,200
Other taxes	344,100	300,000	-	268,300
Total operating expenses	4,806,900	3,999,600	-	4,584,800
Operating income	1,835,300	1,455,500	-	1,265,800
Interest expense, net	639,000	517,200	-	361,600
Other, net	20,100	64,500	-	52,200
Loss on early extinguishment of long-term debt	-	-	-	0
Total other deductions, net	-618,900	-452,700	-	-309,400
Income before income taxes	1,216,400	1,002,800	-	956,400
Income taxes	203,800	158,100	-	164,600
Net income	1,012,600	844,700	-	791,800
Net income (loss) attributable to noncontrolling interest	83,100	84,300	-	-12,300
Net income attributable to nisource	929,500	760,400	714,300	804,100
Preferred dividends	0	6,700	42,800	55,100
Preferred stock redemption premium	-	-	9,800	-
Preferred redemption premium	0	14,000	-	-
Net income available to common shareholders	929,500	739,700	661,700	749,000

Basic EPS	1.96	1.63	1.59	1.84
Diluted EPS	1.95	1.62	1.48	1.7
Basic Average Shares	472,900,000	454,200,000	416,100,000	407,100,000
Diluted Average Shares	474,500,000	456,000,000	447,900,000	442,700,000