CMS Energy Gas Utility — Revenue recognized from contracts with customers increased by 51.2% to $1.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.6%, from $1.05B to $1.24B. Over 4 years (FY 2021 to FY 2025), Gas Utility — Revenue recognized from contracts with customers shows an upward trend with a 4.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates higher customer demand, rate adjustments, or expanded service territory, while a decrease may signal lower consumption or regulatory pricing pressure.
Represents the total revenue generated from the sale of natural gas services to residential, commercial, and industrial...
Standard revenue line item for all regulated gas utility providers.
cms_segment_gas_utility_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 | $333.00M | $225.00M | $702.00M | $1.05B | $477.00M | $294.00M | $921.00M | $1.12B | $357.00M | $244.00M | $700.00M | $965.00M | $307.00M | $213.00M | $653.00M | $1.05B | $387.00M | $234.00M | $823.00M | $1.24B |
| QoQ Change | — | -32.4% | +212.0% | +49.1% | -54.4% | -38.4% | +213.3% | +21.5% | -68.1% | -31.7% | +186.9% | +37.9% | -68.2% | -30.6% | +206.6% | +60.6% | -63.1% | -39.5% | +251.7% | +51.2% |
| YoY Change | — | — | — | — | +43.2% | +30.7% | +31.2% | +6.9% | -25.2% | -17.0% | -24.0% | -13.8% | -14.0% | -12.7% | -6.7% | +8.7% | +26.1% | +9.9% | +26.0% | +18.6% |