CMS Energy CMS Electric Utility — Operating Income (Loss)

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Questions, answered.

What is CMS Energy's electric utility — operating income (loss)?

CMS Energy (CMS) reported electric utility — operating income (loss) of $179M in Q1 2026.

How has CMS Energy's electric utility — operating income (loss) changed year-over-year?

CMS Energy's electric utility — operating income (loss) decreased by 11.4% year-over-year, from $202M to $179M.

What is the long-term trend for CMS Energy's electric utility — operating income (loss)?

Over 3 years (2022 to 2025), CMS Energy's electric utility — operating income (loss) has grown at a 11.7% compound annual growth rate (CAGR), from $789M to $1.1B.

What does electric utility — operating income (loss) mean?

This represents the profit generated from core utility operations after deducting all operating expenses from total revenue. It measures the fundamental profitability of the electric utility business before interest and taxes.