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

Nisource (NI) has reported Cost of Revenue for 18 consecutive years, with $474.9 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 19.86% year-over-year to $474.9 million; the trailing twelve-month figure through Jun 2026 stood at $2.0 billion (up 11.38% YoY), and the FY2025 full-year result was $1.7 billion, up 12.87% from the prior year.
• Cost of Revenue fell to $474.9 million in Q2 2026 per NI's latest filing, from $669.2 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $765.1 million in Q1 2023 and bottomed at $335.0 million in Q4 2023.
• Historically, Cost of Revenue has averaged $476.3 million across 5 years, with a median of $411.4 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 81.11% in 2022, then slumped 51.4% in 2023.
• Over 5 years, Cost of Revenue stood at $689.3 million in 2022, then plunged by 51.4% to $335.0 million in 2023, then gained by 25.88% to $421.7 million in 2024, then advanced by 15.03% to $485.1 million in 2025, then decreased by 2.1% to $474.9 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $474.9 million, $669.2 million, and $485.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.