Gross Profit for NiSource (NI)
According to NiSource's latest reported financial statements, the company's current gross profit (TTM) is $3.52B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NI
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.52B
YoY change
+38.6%
5Y CAGR
+14.4%
Peak year (2005)
$7.90B
Cumulative gross profit
$74.84B
Gross Profit history chart for NiSource (NI) from 1985 to 2025
Gross Profit history table for NiSource (NI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.89B | +38.6% | ||
| 2024 | $2.81B | +13.3% | ||
| 2023 | $2.48B | +10.1% | ||
| 2022 | $2.25B | +9.7% | ||
| 2021 | $2.05B | +3.3% | ||
| 2020 | $1.99B | -14.4% | ||
| 2019 | $2.32B | +131.9% | ||
| 2018 | $1.00B | -43.0% | ||
| 2017 | $1.75B | +5.9% | ||
| 2016 | $1.66B | +4.7% | ||
| 2015 | $1.58B | +3.3% | ||
| 2014 | $1.53B | +8.8% | ||
| 2013 | $1.41B | -24.0% | ||
| 2012 | $1.85B | +6.2% | ||
| 2011 | $1.75B | -0.9% | ||
| 2010 | $1.76B | -47.2% | ||
| 2009 | $3.33B | +2.6% | ||
| 2008 | $3.25B | — | ||
| 2007 | $0 | -100.0% | ||
| 2006 | $7.49B | -5.2% | ||
| 2005 | $7.90B | — | ||
| 2004 | $0 | -100.0% | ||
| 2003 | $6.25B | — | ||
| 2002 | $0 | — | ||
| 2001 | $0 | -100.0% | ||
| 2000 | $6.03B | +303.8% | ||
| 1999 | $1.49B | -21.9% | ||
| 1998 | $1.91B | +5.3% | ||
| 1997 | $1.82B | +49.2% | ||
| 1996 | $1.22B | +12.3% | ||
| 1995 | $1.08B | +9.2% | ||
| 1994 | $993.30M | — | ||
| 1993 | $0 | — | ||
| 1992 | $0 | — | ||
| 1991 | $0 | — | ||
| 1990 | $0 | — | ||
| 1989 | $0 | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
Gross Profit values are taken from NiSource's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, NiSource (NI) reported gross profit of $3.89B – surged 38.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, NiSource gross profit compounded at +14.4% per year, sustaining 5 straight years of year-over-year growth.
Between 2005 and 2025, NiSource gross profit plunged 50.8%, falling from $7.90B to $3.89B.
The highest annual gross profit of $7.90B was reported in 2005. The lowest in the available history was $0 in 1985.
Within Utilities, NiSource (NI) ranks 9th among 8 peers we track. The peer median for gross profit is $8.45B.
NiSource Gross Profit by Year
NiSource Gross Profit 2025: $3.89B
NiSource gross profit in 2025 was $3.89B, surged 38.6% from 2024.
NiSource Gross Profit 2024: $2.81B
NiSource gross profit in 2024 was $2.81B, grew 13.3% from 2023.
NiSource Gross Profit 2023: $2.48B
NiSource gross profit in 2023 was $2.48B, grew 10.1% from 2022.
NiSource Gross Profit 2022: $2.25B
NiSource gross profit in 2022 was $2.25B, grew 9.7% from 2021.
NiSource Gross Profit 2021: $2.05B
NiSource gross profit in 2021 was $2.05B.
See more financial history for NiSource (NI).
Sector peers — Gross Profit
Companies in the same sector as NiSource, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Constellation Energy Corporation (CEG) | $19.36B | Utilities |
| NextEra Energy, Inc. (NEE) | $17.25B | Utilities |
| Duke Energy Corporation (DUK) | $10.17B | Utilities |
| The Southern Company (SO) | $8.81B | Utilities |
| Dominion Energy, Inc. (D) | $8.09B | Utilities |
| GE Vernova Inc. (GEV) | $7.54B | Utilities |
| American Electric Power Company, Inc. (AEP) | $6.93B | Utilities |
| Sempra (SRE) | $4.00B | Utilities |
Frequently asked questions
What is NiSource's gross profit?
- Latest reported gross profit for NiSource (NI) is $3.52B (period ending December 31, 2025).
How has NiSource gross profit changed year-over-year?
- NiSource (NI) gross profit changed +38.6% year-over-year on the latest annual filing.
What is the long-term growth rate of NiSource gross profit?
- NiSource (NI) gross profit compound annual growth rate is +14.4% over the most recent 5 years available.
When did NiSource gross profit hit its highest annual value?
- NiSource gross profit reached its highest annual value of $7.90B in 2005.
What was NiSource gross profit in 2024?
- NiSource (NI) gross profit in 2024 was $2.81B.
What was NiSource gross profit in 2025?
- NiSource (NI) gross profit in 2025 was $3.89B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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