Business Segments · Total Costs & Expenses
Electric Utility — Total Costs & Expenses
CMS Energy Electric Utility — Total Costs & Expenses increased by 6.4% to $1.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.4%, from $1.10B to $1.19B. Over 3 years (FY 2022 to FY 2025), Electric Utility — Total Costs & Expenses shows relatively stable performance with a -0.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toTotal Operating Expenses
How to read this metric
Lower total costs relative to revenue indicate higher operational efficiency and better margin management.
Detailed definition
This is the aggregate of all operating costs, including power supply, maintenance, depreciation, and taxes, required to...
Peer comparison
Standard total operating expense metric for utility segments.
Metric ID:
cms_segment_electric_utility_costs_and_expensesHistorical Data
17 periods
| 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 | $1.16B | $1.16B | $1.16B | $1.16B | $993.25M | $993.25M | $993.25M | $993.25M | $971.00M | $982.00M | $1.10B | $1.03B | $1.10B | $1.10B | $1.23B | $1.12B | $1.19B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -14.2% | +0.0% | +0.0% | +0.0% | -2.2% | +1.1% | +12.1% | -6.9% | +7.0% | -0.1% | +12.1% | -9.1% | +6.4% |
| YoY Change | — | — | — | — | -14.2% | -14.2% | -14.2% | -14.2% | -2.2% | -1.1% | +10.8% | +3.2% | +13.0% | +11.6% | +11.6% | +9.0% | +8.4% |
Range$971.00M – $1.23B
CAGR+0.7%
Avg YoY Growth+0.6%
Median YoY Growth+3.2%
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Frequently Asked Questions
- What is CMS Energy's electric utility — total costs & expenses?
- CMS Energy (CMS) reported electric utility — total costs & expenses of $1.19B in Q1 2026.
- How has CMS Energy's electric utility — total costs & expenses changed year-over-year?
- CMS Energy's electric utility — total costs & expenses increased by 8.4% year-over-year, from $1.10B to $1.19B.
- What is the long-term trend for CMS Energy's electric utility — total costs & expenses?
- Over 3 years (2022 to 2025), CMS Energy's electric utility — total costs & expenses has grown at a -0.7% compound annual growth rate (CAGR), from $4.63B to $4.54B.
- What does electric utility — total costs & expenses mean?
- The total operating expenses incurred by the electric utility segment.