Nisource (NI) Operating Expenses (2016 - 2025)
Nisource's Operating Expenses history spans 17 years, with the latest figure at $1.4 billion for Q4 2025.
- For Q4 2025, Operating Expenses rose 18.48% year-over-year to $1.4 billion; the TTM value through Dec 2025 reached $4.8 billion, up 20.18%, while the annual FY2025 figure was $4.8 billion, 20.18% up from the prior year.
- Operating Expenses reached $1.4 billion in Q4 2025 per NI's latest filing, up from $975.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q1 2023 to a low of $794.4 million in Q3 2023.
- Average Operating Expenses over 5 years is $1.1 billion, with a median of $1.0 billion recorded in 2022.
- Peak YoY movement for Operating Expenses: dropped 23.67% in 2021, then increased 26.8% in 2025.
- A 5-year view of Operating Expenses shows it stood at $1.1 billion in 2021, then rose by 19.12% to $1.3 billion in 2022, then decreased by 20.89% to $1.1 billion in 2023, then rose by 10.53% to $1.2 billion in 2024, then rose by 18.48% to $1.4 billion in 2025.
- Per Business Quant, the three most recent readings for NI's Operating Expenses are $1.4 billion (Q4 2025), $975.6 million (Q3 2025), and $1.0 billion (Q2 2025).