Nisource (NI) Cost of Revenue (2009 - 2026)

Nisource (NI) has reported Cost of Revenue for 18 consecutive years, with $489.2 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $489.2 million, up 14.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 19.1% YoY), and the FY2025 annual result was $1.6 billion, up 4.57% from the prior year.
• Cost of Revenue was $489.2 million for Q1 2026 at Nisource, up from $481.5 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $489.2 million in Q1 2026 and troughed at $164.7 million in Q2 2024.
• Average Cost of Revenue over 5 years is $361.0 million, with a median of $378.4 million recorded in 2024.
• Year-over-year, Cost of Revenue jumped 67.28% in 2022 and sank 34.62% in 2024.
• Over 5 years, Cost of Revenue stood at $365.3 million in 2022, then decreased by 18.81% to $296.6 million in 2023, then surged by 42.18% to $421.7 million in 2024, then advanced by 14.18% to $481.5 million in 2025, then advanced by 1.6% to $489.2 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $489.2 million in Q1 2026, $481.5 million in Q4 2025, and $401.1 million in Q3 2025.