Nisource annual gross margin
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Nisource Gross Margin Growth & History (NI)
Nisource's gross margin was 75.71% for fiscal 2025.
View full Nisource company overviewNisource annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 75.71% | −2.86 pp |
| 2024 | 2024-12-31 | 78.57% | +7.24 pp |
| 2023 | 2023-12-31 | 71.33% | +8.11 pp |
| 2022 | 2022-12-31 | 63.22% | −7.35 pp |
| 2021 | 2021-12-31 | 70.57% | −4.63 pp |
| 2020 | 2020-12-31 | 75.20% | −27.88 pp |
| 2019 | 2019-12-31 | 103.08% | +0.60 pp |
| 2018 | 2018-12-31 | 102.47% | −0.58 pp |
| 2017 | 2017-12-31 | 103.05% | +0.78 pp |
| 2016 | 2016-12-31 | 102.28% | +2.28 pp |
| 2015 | 2015-12-31 | 100.00% | +45.01 pp |
| 2014 | 2014-12-31 | 54.99% | −2.57 pp |
| 2013 | 2013-12-31 | 57.56% | −12.29 pp |
| 2012 | 2012-12-31 | 69.85% | +9.90 pp |
| 2011 | 2011-12-31 | 59.95% | +6.46 pp |
| 2010 | 2010-12-31 | 53.48% | +3.36 pp |
| 2009 | 2009-12-31 | 50.12% | +13.55 pp |
| 2008 | 2008-12-31 | 36.56% | — |
Nisource quarterly gross margin
Q2.09
Q3.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
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Q2.14
Q3.14
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Q2.15
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Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 84.99% | +5.99 pp |
| Q1 2026 | 2026-03-31 | 71.18% | +1.31 pp |
| Q4 2025 | 2025-12-31 | 21.54% | −0.47 pp |
| Q3 2025 | 2025-09-30 | 84.39% | +0.25 pp |
| Q2 2025 | 2025-06-30 | 79.00% | −5.38 pp |
| Q1 2025 | 2025-03-31 | 69.88% | −4.26 pp |
| Q4 2024 | 2024-12-31 | 22.02% | −53.74 pp |
| Q3 2024 | 2024-09-30 | 84.14% | +2.22 pp |
| Q2 2024 | 2024-06-30 | 84.38% | +7.98 pp |
| Q1 2024 | 2024-03-31 | 74.13% | +14.48 pp |
| Q4 2023 | 2023-12-31 | 75.76% | +16.70 pp |
| Q3 2023 | 2023-09-30 | 81.92% | +13.18 pp |
| Q2 2023 | 2023-06-30 | 76.40% | +9.57 pp |
| Q1 2023 | 2023-03-31 | 59.65% | −1.95 pp |
| Q4 2022 | 2022-12-31 | 59.06% | −5.56 pp |
| Q3 2022 | 2022-09-30 | 68.74% | −8.59 pp |
| Q2 2022 | 2022-06-30 | 66.82% | −9.21 pp |
| Q1 2022 | 2022-03-31 | 61.60% | −6.75 pp |
| Q4 2021 | 2021-12-31 | 64.62% | −40.40 pp |
| Q3 2021 | 2021-09-30 | 77.33% | −27.43 pp |
| Q2 2021 | 2021-06-30 | 76.03% | −27.19 pp |
| Q1 2021 | 2021-03-31 | 68.35% | −36.87 pp |
| Q4 2020 | 2020-12-31 | 105.02% | +2.19 pp |
| Q3 2020 | 2020-09-30 | 104.76% | +0.21 pp |
| Q2 2020 | 2020-06-30 | 103.22% | −1.03 pp |
| Q1 2020 | 2020-03-31 | 105.22% | +3.29 pp |
| Q4 2019 | 2019-12-31 | 102.83% | +1.04 pp |
| Q3 2019 | 2019-09-30 | 104.55% | −0.04 pp |
| Q2 2019 | 2019-06-30 | 104.25% | +1.72 pp |
| Q1 2019 | 2019-03-31 | 101.92% | −0.03 pp |
| Q4 2018 | 2018-12-31 | 101.79% | +1.79 pp |
| Q3 2018 | 2018-09-30 | 104.58% | +0.78 pp |
| Q2 2018 | 2018-06-30 | 102.54% | +2.54 pp |
| Q1 2018 | 2018-03-31 | 101.96% | +1.96 pp |
| Q4 2017 | 2017-12-31 | 100.00% | −73.22 pp |
| Q3 2017 | 2017-09-30 | 103.80% | +29.14 pp |
| Q2 2017 | 2017-06-30 | 100.00% | +26.17 pp |
| Q1 2017 | 2017-03-31 | 100.00% | +34.56 pp |
| Q4 2016 | 2016-12-31 | 173.22% | −45.87 pp |
| Q3 2016 | 2016-09-30 | 74.67% | +0.25 pp |
| Q2 2016 | 2016-06-30 | 73.83% | +2.09 pp |
| Q1 2016 | 2016-03-31 | 65.44% | +11.23 pp |
| Q4 2015 | 2015-12-31 | 219.08% | +211.83 pp |
| Q3 2015 | 2015-09-30 | 74.41% | +5.72 pp |
| Q2 2015 | 2015-06-30 | 71.74% | −0.42 pp |
| Q1 2015 | 2015-03-31 | 54.21% | −0.06 pp |
| Q4 2014 | 2014-12-31 | 7.26% | +15.38 pp |
| Q3 2014 | 2014-09-30 | 68.69% | −8.74 pp |
| Q2 2014 | 2014-06-30 | 72.16% | +1.23 pp |
| Q1 2014 | 2014-03-31 | 54.26% | −7.81 pp |
| Q4 2013 | 2013-12-31 | −8.13% | −77.27 pp |
| Q3 2013 | 2013-09-30 | 77.43% | +1.19 pp |
| Q2 2013 | 2013-06-30 | 70.93% | −6.08 pp |
| Q1 2013 | 2013-03-31 | 62.07% | +0.16 pp |
| Q4 2012 | 2012-12-31 | 69.14% | +9.95 pp |
| Q3 2012 | 2012-09-30 | 76.24% | +5.72 pp |
| Q2 2012 | 2012-06-30 | 77.01% | +14.67 pp |
| Q1 2012 | 2012-03-31 | 61.91% | +14.38 pp |
| Q4 2011 | 2011-12-31 | 59.18% | +8.68 pp |
| Q3 2011 | 2011-09-30 | 70.52% | +7.29 pp |
| Q2 2011 | 2011-06-30 | 62.35% | −0.16 pp |
| Q1 2011 | 2011-03-31 | 47.53% | +2.07 pp |
| Q4 2010 | 2010-12-31 | 50.51% | — |
| Q3 2010 | 2010-09-30 | 63.23% | −4.16 pp |
| Q2 2010 | 2010-06-30 | 62.51% | +8.76 pp |
| Q1 2010 | 2010-03-31 | 45.47% | — |
| Q3 2009 | 2009-09-30 | 67.39% | — |
| Q2 2009 | 2009-06-30 | 53.74% | — |
Nisource gross margin trends
Over the last five fiscal years, Nisource's gross margin increased from 75.20% to 75.71%, a change of +0.51 percentage points. The latest reported quarter, Q2 2026, shows 84.99%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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