AI brief of an SEC Form 8-K · NiSource (NI)

NiSource Q1 2025 GAAP EPS rises to $1.00; 2025 adjusted EPS guidance reaffirmed

Positive Impact 3 of 5 earnings Written later

NiSource reported first-quarter 2025 results on May 7, 2025, with GAAP net income available to common shareholders of $474.8 million, or $1.00 per diluted share, up from $344.3 million, or $0.77, a year earlier. Non-GAAP adjusted EPS was $0.98, compared with $0.85 in the first quarter of 2024. The company reaffirmed its 2025 non-GAAP adjusted EPS guidance of $1.85-$1.89, which matters to shareholders because it signals no change to its earnings outlook.

Key points

  • GAAP net income available to common shareholders was $474.8 million, or $1.00 per diluted share, versus $344.3 million, or $0.77, in Q1 2024
  • Non-GAAP adjusted EPS was $0.98, versus $0.85 in Q1 2024; adjusted net income was $462.3 million versus $382.8 million
  • 2025 non-GAAP adjusted EPS guidance of $1.85-$1.89 was reaffirmed, along with 8%-10% rate base growth and 6%-8% annual adjusted EPS growth for 2025-2029
  • Weather compared with normal reduced operating revenue by $16.8 million in Q1 2025, versus a $32.9 million benefit in Q1 2024

The filing

CompanyNiSource (NI)
Form8-K, current report
Filed with the SECMay 7, 2025, 6:36 AM ET
Accession number0001111711-25-000019

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.