Net Income

Net Income (NCI)

CMS Energy Net Income (NCI) decreased by 1160.0% to -$63.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 600.0%, from -$9.00M to -$63.00M. Over 2 years (FY 2021 to FY 2023), Net Income (NCI) shows a downward trend with a 85.3% CAGR.

Analysis

StatementIncome Statement
SectionNet Income
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026

How to read this metric

An increase suggests that the company's partially-owned subsidiaries are performing well, though it reduces the net income available to the parent company.

Detailed definition

This represents the portion of a subsidiary's net income that is attributable to minority shareholders who hold a noncon...

Peer comparison

Standard line item for companies with consolidated subsidiaries that are not 100% owned.

Metric ID: minority_interest

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value-$5.00M-$6.00M-$5.00M-$8.00M-$6.00M-$2.00M-$8.00M-$10.00M-$8.00M-$3.00M-$58.00M-$24.00M-$16.00M-$6.00M-$9.00M-$8.00M-$5.00M-$63.00M
QoQ Change-20.0%+16.7%-60.0%+25.0%+66.7%-300.0%-25.0%+20.0%+62.5%<-999%+58.6%+33.3%+62.5%-50.0%+11.1%+37.5%<-999%
YoY Change-20.0%+66.7%-60.0%-25.0%-33.3%-50.0%-625.0%-140.0%-100.0%-100.0%+62.5%+50.0%+16.7%-600.0%
Range-$63.00M-$2.00M
CAGR+81.5%
Avg YoY Growth-111.3%
Median YoY Growth-41.7%

Frequently Asked Questions

What is CMS Energy's net income (nci)?
CMS Energy (CMS) reported net income (nci) of -$63.00M in Q1 2026.
How has CMS Energy's net income (nci) changed year-over-year?
CMS Energy's net income (nci) decreased by 600.0% year-over-year, from -$9.00M to -$63.00M.
What is the long-term trend for CMS Energy's net income (nci)?
Over 2 years (2021 to 2023), CMS Energy's net income (nci) has grown at a 85.3% compound annual growth rate (CAGR), from -$23.00M to -$79.00M.
What does net income (nci) mean?
The share of a subsidiary's profits that belongs to minority owners rather than the parent company.