CMS Energy Electric Utility — Maintenance and other operating expenses decreased by 18.5% to $277.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $257.00M to $277.00M. Over 3 years (FY 2022 to FY 2025), Electric Utility — Maintenance and other operating expenses shows an upward trend with a 3.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower expenses relative to asset base suggest operational efficiency, while rising costs may indicate aging infrastructure or increased maintenance needs.
This covers the ongoing operational costs required to maintain the electric grid, including labor, materials, and admini...
Standard operating expense (OPEX) metric for utility maintenance.
cms_segment_electric_utility_maintenance_and_other_operating_expenses| 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 | $257.00M | $257.00M | $257.00M | $257.00M | $268.75M | $268.75M | $268.75M | $268.75M | $238.00M | $261.00M | $282.00M | $285.00M | $257.00M | $264.00M | $285.00M | $340.00M | $277.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.6% | +0.0% | +0.0% | +0.0% | -11.4% | +9.7% | +8.0% | +1.1% | -9.8% | +2.7% | +8.0% | +19.3% | -18.5% |
| YoY Change | — | — | — | — | +4.6% | +4.6% | +4.6% | +4.6% | -11.4% | -2.9% | +4.9% | +6.0% | +8.0% | +1.1% | +1.1% | +19.3% | +7.8% |