# NISOURCE INC. (NI) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from NISOURCE INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/NI/mda/fy2025/): filed 2026-02-11; accession 0001111711-26-000027 (https://www.sec.gov/Archives/edgar/data/1111711/000111171126000027/nix-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/NI/mda/fy2024/): filed 2025-02-12; accession 0001111711-25-000008 (https://www.sec.gov/Archives/edgar/data/1111711/000111171125000008/nix-20241231.htm)
- [FY 2023 MD&A](/company/NI/mda/fy2023/): filed 2024-02-21; accession 0001111711-24-000011 (https://www.sec.gov/Archives/edgar/data/1111711/000111171124000011/nix-20231231.htm)
- [FY 2022 MD&A](/company/NI/mda/fy2022/): filed 2023-02-22; accession 0001111711-23-000006 (https://www.sec.gov/Archives/edgar/data/1111711/000111171123000006/nix-20221231.htm)
- [FY 2021 MD&A](/company/NI/mda/fy2021/): filed 2022-02-23; accession 0001111711-22-000007 (https://www.sec.gov/Archives/edgar/data/1111711/000111171122000007/nix-20211231.htm)

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