NiSource (NI) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter declined sharply from the preceding quarter, while rising compared to the same quarter last year. The sequential drop was pronounced, contrasting with the year-over-year gain.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter declined sharply from the preceding quarter, while rising compared to the same quarter last year. The sequential drop was pronounced, contrasting with the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
-59.3%
Change from the immediately preceding quarter.
Year-over-year
+30.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $1.1B | -1.2% |
| Sep 30, 2024 | $1B | +4.3% |
| Dec 31, 2024 | $5.3B | +282.3% |
| Mar 31, 2025 | $2.1B | +30.8% |
Revenue performance
The reported revenue showed a significant decrease relative to the previous quarter, marking a notable reversal from the prior period's elevated level.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell substantially. However, compared to the same quarter one year earlier, revenue increased.
What to watch
The large swing in revenue between quarters may be a point of focus for future filings.