NiSource(US:NI)2025-10-29 10:39Financial Performance - NiSource reported a net income of $94.7 million, or $0.20 per diluted share, for Q3 2025, compared to $85.7 million, or $0.19 per diluted share, in Q3 2024, representing a 10.5% increase in net income year-over-year [2]. - For the nine months ended September 30, 2025, NiSource's net income was $671.7 million, or $1.42 per diluted share, up from $515.8 million, or $1.14 per diluted share, in the same period of 2024, marking a 30.3% increase [2]. - Non-GAAP adjusted net income for Q3 2025 was $91.8 million, or $0.19 per adjusted EPS, compared to $89.9 million, or $0.20 per adjusted EPS, in Q3 2024 [3]. - For the nine months ended September 30, 2025, non-GAAP adjusted net income was $656.0 million, or $1.38 per adjusted EPS, compared to $567.4 million, or $1.26 per adjusted EPS, in the same period of 2024, reflecting a 16.0% increase [3]. Guidance and Growth Projections - NiSource reaffirmed its 2025 non-GAAP adjusted EPS guidance in the range of $1.85-$1.89 and introduced a 2026 guidance of $2.02-$2.07 [4]. - The company extended its base capital plan to 2030, with expected annual non-GAAP adjusted EPS growth of 6%-8%, driven by $21.0 billion in capital expenditures [4]. - The expected consolidated non-GAAP adjusted EPS compound annual growth rate (CAGR) is projected to be 8%-9% from 2026 through 2033 [4]. Capital Expenditure Plans - NiSource announced a consolidated capital expenditure plan of $28.0 billion, which is approximately $8.6 billion more than the previous five-year plan, including nearly $7.0 billion for strategic data center investments [3]. Customer Commitment - NiSource serves approximately 3.3 million natural gas customers and 500,000 electric customers across six states, emphasizing its commitment to delivering reliable energy [9]. - The company aims to protect customers from the costs of large-load development while ensuring affordability remains central to its strategy [5].