CMS Energy NorthStar Clean Energy — Total Costs & Expenses increased by 22.1% to $138.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.0%, from $116.00M to $138.00M. Over 3 years (FY 2022 to FY 2025), NorthStar Clean Energy — Total Costs & Expenses shows relatively stable performance with a -0.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase faster than revenue growth indicates declining operational efficiency and potential pressure on segment profitability.
The aggregate of all operating costs, including power supply, maintenance, depreciation, and taxes. This represents the...
Total operating expense metric used to assess overall segment cost structure.
cms_segment_northstar_clean_energy_costs_and_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 | $110.75M | $110.75M | $110.75M | $110.75M | $79.00M | $79.00M | $79.00M | $79.00M | $76.00M | $75.00M | $89.00M | $86.00M | $116.00M | $100.00M | $107.00M | $113.00M | $138.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -28.7% | +0.0% | +0.0% | +0.0% | -3.8% | -1.3% | +18.7% | -3.4% | +34.9% | -13.8% | +7.0% | +5.6% | +22.1% |
| YoY Change | — | — | — | — | -28.7% | -28.7% | -28.7% | -28.7% | -3.8% | -5.1% | +12.7% | +8.9% | +52.6% | +33.3% | +20.2% | +31.4% | +19.0% |