NiSource (NI) Revenue — Quarter Ended Mar 31, 2026
Revenue for the reporting quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The sequential decline was substantial, while the annual comparison showed growth.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue for the reporting quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The sequential decline was substantial, while the annual comparison showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3B
Revenue reported for this quarter.
Quarter-over-quarter
-64.4%
Change from the immediately preceding quarter.
Year-over-year
+8.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.3B
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, 2025 | $1.2B | +18.3% |
| Sep 30, 2025 | $1.2B | +18.6% |
| Dec 31, 2025 | $6.5B | +23.5% |
| Mar 31, 2026 | $2.3B | +8.0% |
Revenue performance
The reported revenue direction was downward from the prior quarter, reflecting a sharp contraction. On an annual basis, however, revenue was higher than the same period last year.
Quarterly comparison
When compared with the immediately preceding quarter, revenue fell significantly. In contrast, compared with the same quarter one year earlier, revenue rose.
What to watch
The large sequential decline warrants attention, especially given the year-over-year increase.