Other
CapEx
CMS Energy CapEx increased by 6.2% to $1.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $888.00M to $1.04B.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 28, 2026
How to read this metric
High levels indicate aggressive growth or maintenance investment, while low levels may signal capital efficiency or underinvestment in infrastructure.
Detailed definition
Capital expenditures represent the cash outflows used to acquire, upgrade, or maintain physical assets such as property,...
Peer comparison
Commonly reported as 'Capital Expenditures' or 'Purchases of Property, Plant, and Equipment' in the investing section of the cash flow statement.
Metric ID:
anet_capital_expendituresHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $442.00M | $564.00M | $634.00M | $520.00M | $568.00M | $650.00M | $636.00M | $617.00M | $613.00M | $681.00M | $806.00M | $888.00M | $884.00M | $978.00M | $1.04B |
| QoQ Change | — | +27.6% | +12.4% | -18.0% | +9.2% | +14.4% | -2.2% | -3.0% | -0.6% | +11.1% | +18.4% | +10.2% | -0.5% | +10.6% | +6.2% |
| YoY Change | — | — | — | — | +28.5% | +15.2% | +0.3% | +18.7% | -0.6% | — | — | +44.9% | +29.8% | +21.3% | +17.0% |
Range$442.00M – $1.04B
CAGR+27.7%
Avg YoY Growth+19.5%
Median YoY Growth+18.7%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is CMS Energy's capex?
- CMS Energy (CMS) reported capex of $1.04B in Q1 2026.
- How has CMS Energy's capex changed year-over-year?
- CMS Energy's capex increased by 17.0% year-over-year, from $888.00M to $1.04B.
- What does capex mean?
- Cash spent on purchasing or maintaining long-term physical assets.