Nisource (NI) Retained Earnings (2009 - 2026)
Nisource's (NI) quarterly Retained Earnings came in at -$9.2 million in Q1 2026, up 68.49% YoY from -$5.5 million in Q1 2025, and up 97.08% on a QoQ basis from -$315.2 million in Q4 2025.
Nisource (NI) Retained Earnings (2009 - 2026) Analysis & Trends
Nisource (NI) has 18 years of Retained Earnings data on file, last reported at -$9.2 million in Q1 2026.
- Quarterly Retained Earnings rose 68.49% year-over-year to -$9.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$9.2 million (up 68.49% YoY) and the FY2025 annual result came in at -$315.2 million, up 55.71% from the prior year.
- Retained Earnings improved to -$9.2 million in Q1 2026, from -$315.2 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$9.2 million in Q1 2026 to a low of -$1.5 billion in Q3 2022.
- A 5-year average of -$328.8 million and a median of -$35.8 million in 2022 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2022 — Retained Earnings jumped 71.04% — and 2024, when it plunged 2018.15%.
- Tracing NI's Retained Earnings over 5 years: stood at -$37.1 million in 2022, then rose by 9.43% to -$33.6 million in 2023, then sank by 2018.15% to -$711.7 million in 2024, then jumped by 55.71% to -$315.2 million in 2025, then surged by 97.08% to -$9.2 million in 2026.
- The last three Retained Earnings figures came in at -$9.2 million (Q1 2026), -$315.2 million (Q4 2025), and -$572.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.72 Bn | 28.19 Bn | - | 5.59 Bn |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn | -196.20 Mn |
| 3 | Ugi | 8.14 Bn | 7.67 Bn | 573.00 Mn | 3.78 Bn |
| 4 | Black Hills | 5.56 Bn | 5.48 Bn | - | 2.47 Bn |
| 5 | New Jersey Resources | 5.54 Bn | 5.50 Bn | 243.61 Mn | 1.66 Bn |
| 6 | ONE Gas | 5.13 Bn | 5.10 Bn | 272.01 Mn | 2.54 Bn |
| 7 | Mdu Resources | 4.26 Bn | 4.21 Bn | - | 1.15 Bn |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 676.70 Mn |
| 9 | Centuri Holdings | 2.21 Bn | 2.17 Bn | 69.14 Mn | 1.01 Bn |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.43 Bn | 572.00 Mn | 24.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -196.20 Mn |
| Mar 31, 2026 | -9.20 Mn |
| Dec 31, 2025 | -315.20 Mn |
| Sep 30, 2025 | -572.00 Mn |
| Jun 30, 2025 | -28.20 Mn |
| Mar 31, 2025 | -29.20 Mn |
| Dec 31, 2024 | -711.70 Mn |
| Sep 30, 2024 | -934.90 Mn |
| Jun 30, 2024 | -33.60 Mn |
| Mar 31, 2024 | -33.80 Mn |
| Dec 31, 2023 | -33.60 Mn |
| Sep 30, 2023 | -1.20 Bn |
| Jun 30, 2023 | -35.80 Mn |
| Mar 31, 2023 | -34.70 Mn |
| Dec 31, 2022 | -37.10 Mn |
| Sep 30, 2022 | -1.46 Bn |
| Jun 30, 2022 | -35.80 Mn |
| Mar 31, 2022 | -85.40 Mn |
| Dec 31, 2021 | -126.80 Mn |
| Sep 30, 2021 | -1.75 Bn |