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NiSource Fades on Results

NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the quarter ended June 30, 2026 of $45.5 million, or $0.09 of earnings per diluted share, compared to net income available to common shareholders of $102.2 million, or $0.22 of earnings per diluted share, for the same period of 2025.

For the six months ended June 30, 2026, on a GAAP basis, NiSource's net income available to common shareholders was $556.2 million, or $1.15 diluted earnings per share, compared to net income available to common shareholders of $577.0 million, or $1.22 diluted earnings per share, for the same period of 2025.

NiSource also reported second quarter 2026 non-GAAP adjusted net income available to common shareholders of $77.6 million, or $0.16 of consolidated adjusted EPS, compared to non-GAAP adjusted net income available to common shareholders of $101.9 million, or $0.22 of consolidated adjusted EPS, for the same period of 2025.

For the six months ended June 30, 2026, NiSource's non-GAAP adjusted net income available to common shareholders was $587.2 million, or $1.22 of consolidated adjusted EPS, compared to non-GAAP adjusted net income available to common shareholders of $564.2 million, or $1.19 of consolidated adjusted EPS, for the same period of 2025.

NiSource is reaffirming its 2026 non GAAP consolidated adjusted EPS guidance of $2.02-$2.07 and its compound annual growth rate (CAGR) with respect to non-GAAP consolidated adjusted EPS of 9%-10% from 2026-2033.

NI shares dropped 84 cents, or 1.9%, to $43.71.