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NiSource10-Q: Margin pressure

Company faces $2.0M quarterly earnings risk for every 1% change in interest rates.

What happened

NiSource's exposure to variable-rate debt means a 100 basis point (1%) increase in short-term rates would increase quarterly interest expense by $2.0 million. This quantified sensitivity creates a strong incentive for the finance team to explore hedging instruments, refinancing options, or other financial services to mitigate profit erosion.

Source

SEC EDGARMay 6, 2026

Quarterly report (Form 10-Q)

NiSource 10-Q

Filing excerpt

Based upon average borrowings and debt obligations subject to fluctuations in short-term market interest rates, an increase (or decrease) in short-term interest rates of 100 basis points (1%) would have increased (or decreased) interest expense by $2.0 million for the three months ended March 31, 2026...

sec.gov/Archives/edgar/data/1111711/000111171126000045/nix-20260331.htmRead the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Margin pressure

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 6, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$2M (Increase in quarterly interest expense for every 1% rate increase)
Percent
1% (Basis point increase in short-term interest rates)

Details

CIK
1111711
Accession number
0001111711-26-000045
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Efficiency tools needed
Signal category
Financial

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
marginPressure

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/14d5c248-16e4-4b6d-88b7-2cd661860f8f returns this record as JSON. POST /v1/companies/enrich returns every signal for nisource.com.

{
  "signal_id": "14d5c248-16e4-4b6d-88b7-2cd661860f8f",
  "signal_type": "sec-10q",
  "signal_subtype": "marginPressure",
  "detected_at": "2026-05-12T09:24:57.079+00:00",
  "company": {
    "name": "NiSource",
    "domain": "nisource.com"
  },
  "data": {
    "detail": "NiSource's exposure to variable-rate debt means a 100 basis point (1%) increase in short-term rates would increase quarterly interest expense by $2.0 million. This quantified sensitivity creates a strong incentive for the finance team to explore hedging instruments, refinancing options, or other financial services to mitigate profit erosion.",
    "metrics": {
      "pct": 0.01,
      "timeframe": "current_quarter",
      "pct_context": "Basis point increase in short-term interest rates",
      "dollar_context": "Increase in quarterly interest expense for every 1% rate increase",
      "dollar_millions": 2
    },
    "summary": "Company faces $2.0M quarterly earnings risk for every 1% change in interest rates.",
    "excerpts": "Based upon average borrowings and debt obligations subject to fluctuations in short-term market interest rates, an increase (or decrease) in short-term interest rates of 100 basis points (1%) would have increased (or decreased) interest expense by $2.0 million for the three months ended March 31, 2026...",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1111711/000111171126000045/nix-20260331.htm",
    "filing_date": "2026-05-06",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Efficiency tools needed",
    "signal_category": "financial"
  }
}

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