CMS Energy Commercial — Revenue recognized from contracts with customers increased by 23.8% to $723.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $657.00M to $723.00M. Over 4 years (FY 2021 to FY 2025), Commercial — Revenue recognized from contracts with customers shows an upward trend with a 5.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests higher commercial energy demand, economic growth in the service territory, or successful rate adjustments, while a decrease may indicate economic contraction or energy efficiency gains among business customers.
This metric represents the total revenue generated from the sale of utility services, specifically electricity and natur...
Comparable to commercial segment revenue reported by other regulated electric and gas utilities, though variations exist based on regional economic health and specific commercial rate structures.
cms_segment_commercial_revenue_recognized_from_contracts_with_customers| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $449.00M | $492.00M | $520.00M | $605.00M | $519.00M | $566.00M | $602.00M | $594.00M | $461.00M | $481.00M | $503.00M | $567.00M | $497.00M | $526.00M | $524.00M | $657.00M | $563.00M | $622.00M | $584.00M | $723.00M |
| QoQ Change | — | +9.6% | +5.7% | +16.3% | -14.2% | +9.1% | +6.4% | -1.3% | -22.4% | +4.3% | +4.6% | +12.7% | -12.3% | +5.8% | -0.4% | +25.4% | -14.3% | +10.5% | -6.1% | +23.8% |
| YoY Change | — | — | — | — | +15.6% | +15.0% | +15.8% | -1.8% | -11.2% | -15.0% | -16.4% | -4.5% | +7.8% | +9.4% | +4.2% | +15.9% | +13.3% | +18.3% | +11.5% | +10.0% |