Quarterly ResultMay 6, 2026, 06:42 AM
NiSource Q1 Adjusted EPS $1.06; Raises 2026-2033 EPS CAGR to 9-10%
AI Summary
NiSource Inc. announced its first quarter 2026 financial results, reporting GAAP net income of $510.7 million, or $1.06 per diluted share, and non-GAAP adjusted net income of $509.6 million, or $1.06 adjusted EPS. The company raised its 2026-2033 non-GAAP consolidated adjusted EPS compound annual growth rate to 9%-10% and reaffirmed its 2026 non-GAAP consolidated adjusted EPS guidance of $2.02-$2.07. Additionally, NiSource highlighted that GenCo cost savings have expanded to approximately $1.4 billion for existing customers through collaborations with Alphabet and Amazon.
Key Highlights
- NiSource raised its 2026-2033 non-GAAP consolidated adjusted EPS compound annual growth rate to 9%-10%.
- The company reaffirmed its 2026 non-GAAP consolidated adjusted EPS guidance of $2.02-$2.07.
- Q1 2026 GAAP net income available to common shareholders was $510.7 million, or $1.06 per diluted share.
- Q1 2026 non-GAAP adjusted net income available to common shareholders was $509.6 million, or $1.06 adjusted EPS.
- Q1 2025 GAAP net income available to common shareholders was $474.8 million, or $1.00 per diluted share.
- Q1 2025 non-GAAP adjusted net income available to common shareholders was $462.3 million, or $0.98 adjusted EPS.
- GenCo cost savings expanded to approximately $1.4 billion for existing customers through Alphabet and Amazon collaboration.