CMS Energy Industrial — Revenue recognized from contracts with customers increased by 16.3% to $235.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.8%, from $203.00M to $235.00M. Over 4 years (FY 2021 to FY 2025), Industrial — Revenue recognized from contracts with customers shows an upward trend with a 5.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests growing industrial activity or higher energy demand from large-scale commercial clients, while a decrease may indicate economic slowdowns or efficiency improvements within the industrial sector.
This metric represents the total revenue generated from providing utility services, such as electricity or natural gas,...
Comparable to industrial sales revenue reported by other regulated utility companies, though variations exist based on the specific industrial mix of the utility's service region.
cms_segment_industrial_revenue_recognized_from_contracts_with_customers| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $161.00M | $172.00M | $184.00M | $196.00M | $222.00M | $236.00M | $213.00M | $192.00M | $167.00M | $180.00M | $181.00M | $180.00M | $182.00M | $174.00M | $184.00M | $203.00M | $209.00M | $210.00M | $202.00M | $235.00M |
| QoQ Change | — | +6.8% | +7.0% | +6.5% | +13.3% | +6.3% | -9.7% | -9.9% | -13.0% | +7.8% | +0.6% | -0.6% | +1.1% | -4.4% | +5.7% | +10.3% | +3.0% | +0.5% | -3.8% | +16.3% |
| YoY Change | — | — | — | — | +37.9% | +37.2% | +15.8% | -2.0% | -24.8% | -23.7% | -15.0% | -6.3% | +9.0% | -3.3% | +1.7% | +12.8% | +14.8% | +20.7% | +9.8% | +15.8% |