NiSource 3Q 2026: Revenue $1.35B, EPS $0.27— 10-Q Summary
NiSource reported 3Q 2026 revenue of $1.35B, up 6% YoY, and net income of $129.5M, up 36.7% YoY. Diluted EPS increased to $0.27. Growth driven by new rates and regulatory programs. NIPSCO signed a 20-year deal with Microsoft for 788 MW data center capacity starting 2031. August storms caused outages, leading to infrastructure repairs.
How this was made

The 30-second read
Why it matters
The earnings beat could prompt short‑term buying in NI and related utility peers.
Market read
First‑report earnings for a mid‑cap utility, likely to move the stock and influence the sector.
What to watch
Regulatory approval for the Microsoft data center deal may be delayed, tempering upside.
Background
NiSource filed its Q3 2026 10‑Q, providing the first public disclosure of the quarter's financials.
Ticker impact
Q3 2026 revenue $1.35B, EPS $0.27, net income up 36.7% versus prior year.
likely modest upside as market prices in stronger earnings
Revenue and profit growth exceed prior-year figures, indicating improved performance.
Market effects
Utility sector may see modest lift from NiSource's stronger results.
U.S. utility stocks could experience slight buying pressure.
Limited to U.S. utilities; no broad global effect.
Counterpoint
If guidance is weak, the rally could be short-lived.
Key entities
- companyNiSource Inc.
U.S. utility holding company reporting Q3 2026 results.
