CMS Energy Corporation

Utilities · Utilities - Regulated Electric

64.30$ -0.7% vs. previous close Closing price · As of: Sep 22, 2026

Statements

Income Statement

CMS Energy Corporation (CMS) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 1,829 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement CMS
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	1,587	1,640	1,829	1,449	1,527	1,778	1,953	1,492	1,599	1,829	2,059	1,445	1,546	1,795	1,864	1,382	1,507	1,798	2,013	1,558	1,725	2,033	2,374	1,920	2,024	2,278	2,284	1,555	1,673	1,950	2,176	1,607	1,743	1,989	2,447	1,838	2,021	2,233	2,730	1,829	8,813
Cost of Revenue	967	1,064	1,098	945	942	1,095	1,224	965	1,032	1,254	1,296	940	910	1,135	1,066	837	867	1,070	1,123	975	1,134	1,448	1,441	1,350	1,436	1,607	1,475	959	1,049	1,117	1,241	949	1,004	1,112	1,403	1,124	1,433	1,479	1,187	675	4,774
Gross Profit	620	576	731	504	585	683	729	527	567	575	763	505	636	660	798	545	640	728	890	583	591	585	933	570	588	671	809	596	624	833	935	658	739	877	1,044	714	588	754	1,543	1,154	4,039
Research & Development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	352	41	371	381	366	402	397	394	433	2,944	460	414	383	23	429	426	392	–	–	–	–	–	–	–	–	–	45	45	–	–	44	41	–	85	–	–	–	3,474	–	–	–
Total Operating Expenses	245	286	343	263	255	304	366	272	273	325	404	287	285	349	430	297	300	376	460	331	331	381	477	331	330	400	495	352	353	427	523	375	372	452	550	397	107	2,420	1,053	890	4,470
Operating Income	375	290	388	241	330	379	363	255	294	250	359	218	351	311	368	248	340	352	430	252	260	204	456	239	258	271	314	244	271	406	412	283	367	425	494	317	481	435	490	264	1,670
Interest Expense	110	111	107	110	111	110	111	112	114	121	121	131	133	134	137	127	130	140	124	125	125	126	124	126	130	142	147	160	164	172	177	173	178	180	187	199	203	200	203	210	816
Pre-Tax Income	281	124	295	140	229	222	281	165	202	126	261	114	249	205	270	153	238	197	350	175	179	119	380	156	182	184	223	230	184	317	321	223	273	306	358	255	340	295	362	129	1,126
Income Tax Expense	95	46	96	47	57	224	40	25	33	17	48	20	42	37	27	24	40	35	42	22	26	5.0	39	14	19	21	29	41	11	66	58	41	26	51	63	62	68	53	85	33	239
Net Income	186	77	199	92	172	-3.0	241	139	169	108	213	93	207	167	243	136	218	158	349	176	189	639	353	148	165	171	204	198	176	309	287	198	253	265	304	201	277	289	340	120	1,026
EBITDA	574	449	664	447	533	561	671	481	522	491	680	461	597	602	723	502	594	618	812	544	554	527	849	533	555	619	723	654	610	799	866	681	724	812	933	755	831	668	977	647	3,123

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: September 22, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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