NiSource Inc. reported financial results for the quarter ended September 30, 2026, and updated its guidance for the remainder of the year and the following period. On a GAAP basis, the company reported net income available to common shareholders of $129.5 million, or $0.27 of earnings per diluted share, for the third quarter of 2026, compared to $94.7 million, or $0.20 per share, in the prior year. For the first nine months of 2026, GAAP net income available to common shareholders totaled $685.7 million, or $1.42 per share.
On a non-GAAP adjusted basis, NiSource reported consolidated adjusted EPS of $0.27 for the third quarter of 2026, up from $0.19 in the same period of 2025. For the first nine months of 2026, non-GAAP consolidated adjusted EPS was $1.49, compared to $1.38 in the prior year.
The company announced that it is narrowing its 2026 non-GAAP consolidated adjusted EPS guidance to the upper half of the $2.02 to $2.07 range. Additionally, NiSource introduced guidance for 2027, expecting non-GAAP consolidated adjusted EPS to fall between $2.22 and $2.30.
Looking toward the long term, NiSource extended its capital plan through 2033. The company projects a consolidated seven-year total capital expenditure of $40.0 billion, comprised of $32.0 billion in base plan capital expenditures and $8.0 billion for data center investments. This plan is expected to support 9% to 10% consolidated investment base growth and an expected consolidated non-GAAP adjusted EPS compound annual growth rate (CAGR) of 10% to 11% for the period from 2027 to 2033.
Management also highlighted a new agreement with Microsoft, which is expected to expand GenCo cost savings for existing customers to approximately $1.75 billion.
