Net Income

Net income applicable to common shareholders

CMS Energy Net income applicable to common shareholders increased by 18.2% to $338.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $302.00M to $338.00M. Over 4 years (FY 2021 to FY 2025), Net income applicable to common shareholders shows a downward trend with a -5.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 28, 2026

How to read this metric

An increase directly benefits common shareholders and is a key driver for potential dividend growth and share price appreciation.

Detailed definition

This is the portion of net income that remains after preferred stock dividends have been paid, representing the earnings...

Peer comparison

Standard for any company with a capital structure that includes preferred equity.

Metric ID: bac_net_income_applicable_to_common_shareholders

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$176.00M$186.00M$637.00M$351.00M$145.00M$163.00M$168.00M$202.00M$195.00M$174.00M$306.00M$285.00M$195.00M$251.00M$262.00M$302.00M$198.00M$275.00M$286.00M$338.00M
QoQ Change+5.7%+242.5%-44.9%-58.7%+12.4%+3.1%+20.2%-3.5%-10.8%+75.9%-6.9%-31.6%+28.7%+4.4%+15.3%-34.4%+38.9%+4.0%+18.2%
YoY Change-17.6%-12.4%-73.6%-42.5%+34.5%+6.7%+82.1%+41.1%+0.0%+44.3%-14.4%+6.0%+1.5%+9.6%+9.2%+11.9%
Range$145.00M$637.00M
CAGR+14.7%
Avg YoY Growth+5.4%
Median YoY Growth+6.4%
Current Streak3 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gas Utility$15.00M$11.00M$133.00M$213.00M$25.00M$0.00$220.00M
Electric Utility$170.00M$273.00M$141.00M$124.00M$167.00M$326.00M$110.00M
NorthStar Clean Energy$16.00M$6.00M$10.00M-$18.00M$22.00M$11.00M$56.00M$41.00M
Total$195.00M$251.00M$262.00M$302.00M$198.00M$275.00M$286.00M$338.00M

Frequently Asked Questions

What is CMS Energy's net income applicable to common shareholders?
CMS Energy (CMS) reported net income applicable to common shareholders of $338.00M in Q1 2026.
How has CMS Energy's net income applicable to common shareholders changed year-over-year?
CMS Energy's net income applicable to common shareholders increased by 11.9% year-over-year, from $302.00M to $338.00M.
What is the long-term trend for CMS Energy's net income applicable to common shareholders?
Over 4 years (2021 to 2025), CMS Energy's net income applicable to common shareholders has grown at a -5.8% compound annual growth rate (CAGR), from $1.35B to $1.06B.
What does net income applicable to common shareholders mean?
The profit available to common shareholders after preferred dividends are subtracted from net income.