Nisource NI
NYSE NI
$41.68 -0.22 (-0.53%)
As of: Sep 9, 2026 · 3:59 PM EDT

Nisource (NI) Operating Expenses (2009 - 2026)

Nisource's (NI) quarterly Operating Expenses came in at $1.1 billion in Q2 2026, up 9.23% on a YoY basis from $1.0 billion in Q2 2025, and down 27.83% quarter-over-quarter from $1.5 billion in Q1 2026.

Analysis

Nisource (NI) Operating Expenses (2009 - 2026) Analysis & Trends

Nisource (NI) has reported Operating Expenses for 18 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 9.23% year-over-year to $1.1 billion; the trailing twelve-month figure through Jun 2026 stood at $5.0 billion (up 12.26% YoY), and the FY2025 full-year result was $4.8 billion, up 20.18% from the prior year.
  • Operating Expenses eased to $1.1 billion in Q2 2026 per NI's latest filing, from $1.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.5 billion in Q1 2026 and bottomed at $794.4 million in Q3 2023.
  • Historically, Operating Expenses has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses fell 21.75% in 2024, then increased 26.8% in 2025.
  • Over 5 years, Operating Expenses stood at $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, then declined by 19.68% to $1.1 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.1 billion, $1.5 billion, and $1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Atmos Energy 28.05 Bn 27.52 Bn - -
2 Nisource 19.98 Bn 19.91 Bn 867.50 Mn 1.11 Bn
3 New Jersey Resources 5.41 Bn 5.37 Bn 243.61 Mn 317.29 Mn
4 ONE Gas 4.97 Bn 4.94 Bn 272.01 Mn 238.68 Mn
5 Rgc Resources 220.42 Mn 217.40 Mn 11.98 Mn 15.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.11 Bn
Mar 31, 2026 1.54 Bn
Dec 31, 2025 1.39 Bn
Sep 30, 2025 975.60 Mn
Jun 30, 2025 1.02 Bn
Mar 31, 2025 1.42 Bn
Dec 31, 2024 1.17 Bn
Sep 30, 2024 858.00 Mn
Jun 30, 2024 847.70 Mn
Mar 31, 2024 1.12 Bn
Dec 31, 2023 1.06 Bn
Sep 30, 2023 794.40 Mn
Jun 30, 2023 921.10 Mn
Mar 31, 2023 1.44 Bn
Dec 31, 2022 1.34 Bn
Sep 30, 2022 932.80 Mn
Jun 30, 2022 1.04 Bn
Mar 31, 2022 1.27 Bn
Dec 31, 2021 1.12 Bn
Sep 30, 2021 812.30 Mn