Nisource (NI) Gross Margin (2009 - 2026)

Nisource (NI) has reported Gross Margin for 18 consecutive years, with 64.62% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin fell 450.0% year-over-year to 64.62%; the trailing twelve-month figure through Jun 2026 stood at 82.53% (up 1226.0% YoY), and the FY2025 full-year result was 74.25%, up 203.0% from the prior year.
• Gross Margin fell to 64.62% in Q2 2026 per NI's latest filing, from 71.68% in the prior quarter.
• Across five years, Gross Margin topped out at 92.7% in Q4 2025 and bottomed at 59.56% in Q4 2022.
• Historically, Gross Margin has averaged 69.29% across 5 years, with a median of 67.82% in 2022.
• The sharpest annual moves came in 2022 and 2025: Gross Margin slumped 1342 bps in 2022, then surged 1926 bps in 2025.
• Over 5 years, Gross Margin stood at 59.56% in 2022, then grew by 28 bps to 76.44% in 2023, then dropped by 4 bps to 73.44% in 2024, then climbed by 26 bps to 92.7% in 2025, then tumbled by 30 bps to 64.62% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 64.62%, 71.68%, and 92.7% for Q2 2026, Q1 2026, and Q4 2025 respectively.