What is CMS Energy's revenue?

CMS Energy (CMS) generated $8.8B in revenue over the trailing twelve months, up 13.3% year over year.

Is CMS Energy profitable?

CMS Energy reported $1.1B in net income over the trailing twelve months, a 12.5% net margin.

What is CMS Energy's earnings per share?

CMS Energy's diluted EPS over the trailing twelve months is $3.62.

Where does CMS Energy's income statement data come from?

Every line is extracted from CMS Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

CMS Energy CMS Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total revenue	$2.73B+11.6%	$2.23B+12.3%	$2.02B+15.9%	$1.84B+14.4%	$2.45B+12.5%
Depreciation and amortization	$412M+6.2%	$342M+4.9%	$288M+5.5%	$288M+5.5%	$388M+5.4%
Provision for credit losses	$13M+8.3%	——	$10M+42.9%	$8M+14.3%	$12M+20.0%
Aircraft fuel	$220M+1.4%	$153M-12.6%	$153M-14.5%	$134M+17.5%	$217M+39.1%
Other operating expenses	$448M+10.6%	$509M+21.2%	$416M+1.0%	$397M-1.7%	$405M+0.7%
Total costs & expenses	$2.24B+14.7%	$1.8B+15.0%	$1.54B+11.9%	$1.52B+14.9%	$1.95B+10.7%
Operating income	$490M-0.8%	$435M+2.4%	$481M+31.1%	$317M+12.0%	$494M+19.9%
Operating margin	17.9%-2.2pp	19.5%-1.9pp	23.8%+2.7pp	17.2%-0.4pp	20.2%+1.3pp
Interest expense	$203M+9.1%	$201M+11.7%	$203M+14.0%	$199M+15.0%	$186M+5.1%
Other income (expense), net	$75M+50.0%	$61M0.0%	$62M-26.2%	$137M+21.2%	$50M-41.9%
Income before income taxes	$362M+1.1%	$295M-3.6%	$340M+24.5%	$255M+14.3%	$358M+11.5%
Income tax expense	$85M+34.9%	$53M+3.9%	$68M+162%	$62M+51.2%	$63M+8.6%
Net income	$340M+11.8%	$289M+9.1%	$277M+9.5%	$201M+1.5%	$304M+5.9%
Net margin	12.5%0.0pp	12.9%-0.4pp	13.7%-0.8pp	10.9%-1.4pp	12.4%-0.8pp
Income from continuing operations	$277M-6.1%	——	$272M+10.1%	$193M+6.0%	$295M+12.2%
Net income attributable to noncontrolling interests	-$63M-600%	——	-$5M+16.7%	-$8M+50.0%	-$9M+62.5%
Preferred stock dividends	$2M0.0%	$3M0.0%	$2M0.0%	$3M0.0%	$2M0.0%
Diluted earnings per share	$1.10+8.9%	$0.94+6.8%	$0.92+9.5%	$0.66+1.5%	$1.01+5.2%
Basic earnings per share	$1.10+8.9%	$0.94+5.6%	$0.92+9.5%	$0.67+3.1%	$1.01+5.2%
Weighted-average shares, diluted	307.1M+2.7%	——	300.4M+0.5%	299.1M+0.2%	299.1M+0.6%
Weighted-average shares, basic	306.4M+2.7%	——	299.7M+0.6%	298.5M+0.2%	298.2M+0.6%
Continuing operations (in dollars per share)	$1.1+8.9%	——	$0.92+9.5%	$0.67+3.1%	$1.01+5.2%
Continuing operations (in dollars per share)	$1.1+8.9%	——	$0.92+9.5%	$0.66+1.5%	$1.01+5.2%
Capital investments accrued but not yet paid	$601M+90.8%	$76M-41.5%	$49M-61.7%	$222M+116%	$315M+102%
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	-$352M-201%	——	——	$399M—	$348M-43.2%
Cash Dividends Paid To Parent Company By Consolidated Subsidiaries	$308M+13.7%	——	$233M+25.9%	$145M+54.3%	$271M+2.3%
Dividends declared (in dollars per share)	$0.57+5.1%	——	$0.54+5.3%	$0.54+5.3%	$0.54+5.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$341M+12.2%	——	$277M+9.5%	$201M+1.5%	$304M+5.6%
Less: comprehensive income attributable to noncontrolling interest	-$63M-600%	——	-$5M+16.7%	-$8M+50.0%	-$9M+62.5%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$278M-5.8%	——	$272M+10.1%	$193M+6.0%	$295M+11.7%
Deemed contribution from sale of membership interest	$82M—	——	——	——	$0—
Deferred and other income taxes	$82M+36.7%	$31M-20.5%	$47M+95.8%	$64M+129%	$60M+17.6%
Effective tax rates	$0.24+33.5%	——	——	$0.03+2,700%	$0.18-2.8%
Income taxes at U.S. statutory rate of 21%	21%0.0%	——	——	——	21%0.0%
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate	-3.3%+0.1%	——	——	——	-3.4%+0.3%
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent	-4.6%-4.0%	——	——	——	-0.6%+0.5%
Property differences	-1.7%-1.4%	——	——	——	-0.3%—
State income taxes – net of federal income tax benefit	5.2%+0.2%	——	——	——	5%-0.5%
Changes in unrecognized tax benefits	5.2%+4.4%	——	——	——	0.8%—
Effective Income Tax Rate Reconciliation, Tax Credit, Energy-Related, Percent	6.9%+1.3%	——	——	——	5.6%—
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent	0.6%+0.3%	——	——	——	0.3%-5.7%
Facilities agreed to sell	——	——	13—	——	——
Financing income	$4M-20.0%	——	$3M-40.0%	$4M0.0%	$5M+25.0%
Forward price (USD per share)	$75.63—	——	$72.42—	——	——
Fuel	$220M+1.4%	$153M-12.6%	$153M-14.5%	$134M+17.5%	$217M+39.1%
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent	$338M+11.9%	——	$275M+9.6%	$198M+1.5%	$302M+6.0%
Income Taxes Paid, Net	——	-$5M+71.0%	-$5M+71.0%	-$5M+71.0%	-$5M+71.0%
Increase (Decrease) in Accounts and Other Receivables	$24M+380%	$365M+7.4%	-$34M-6.3%	-$85M+32.5%	$5M+119%
Accounts payable and other current liabilities	-$137M-1,154%	$202M—	-$30M-276%	$11M—	$13M+119%
Increase (Decrease) in Inventories	-$148M+22.1%	——	$168M—	——	-$190M+26.6%
Increase (Decrease) in Other Current Assets and Liabilities, Net	$63M+254%	——	——	-$76M+41.5%	-$41M-4,200%
Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net	-$65M-1.6%	$22M+165%	$49M—	$49M+167%	-$64M+31.9%
Incremental Common Shares Attributable To Conversion Of Debt Securities	200K—	——	——	——	0—
Diluted effect of share purchase plans related to Class A ordinary shares (in shares)	500K-44.4%	——	600K-25.0%	600K0.0%	900K+28.6%
Interest Costs Capitalized Adjustment	$8M+167%	$2M-71.4%	$3M-40.0%	$3M-50.0%	$3M—
Debt	$209M+11.8%	$208M+14.9%	$204M+15.9%	$199M+16.4%	$187M+8.7%
Interest Paid, Excluding Capitalized Interest, Operating Activity	——	$185.25M+9.5%	$185.25M+9.5%	$185.25M+9.5%	$185.25M+9.5%
Lease Income	$50M+19.0%	——	$41M+57.7%	$34M+41.7%	$42M+55.6%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$16M-94.0%	$817M+213%	$210M-8.3%	$947M—	$266M-9.5%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$1.07B-16.9%	-$1.11B-16.7%	-$1.05B-22.3%	-$962M-58.0%	-$918M-44.1%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$705M-29.5%	$478M+18.6%	$343M+12.8%	$414M-41.4%	$1B+4.6%
Net Income Loss Attributable To Noncontrolling Interest	-$63M-600%	——	-$5M+16.7%	-$8M+50.0%	-$9M+62.5%
Number of reportable segments	3—	——	——	——	——
Other comprehensive income (loss)	$1M—	——	$0—	$0—	$0-100%
Pension and other postretirement benefit, tax	-$1M—	——	-$1M—	$0—	$0+100%
Other Comprehensive Income Loss Reclassification Adjustment From AOCI Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax	$0—	——	$0+100%	$0—	$0—
Other Noncash Income (Expense)	$55M+19.6%	$57M-36.0%	$37M-17.8%	$98M+38.0%	$46M+27.8%
Other Nonoperating Expense	$4M-33.3%	$11M-47.6%	$5M+25.0%	$5M0.0%	$6M+200%
Other Nonoperating Income	$28M+100%	$23M-42.5%	$19M-58.7%	$95M+23.4%	$14M-68.2%
Non-operating retirement benefits, net	$51M+21.4%	$49M+16.7%	$48M+14.3%	$47M+14.6%	$42M-4.5%
Payment for (Proceeds from) Other Investing Activity	$34M+13.3%	$38M+8.6%	$68M+38.8%	$78M+50.0%	$30M+25.0%
Payments Of Ordinary Dividends, Common And Preferred	$178M+7.2%	——	$165M+5.8%	$165M+4.4%	$166M+6.4%
Payments to Acquire Property, Plant, and Equipment	$1.04B+17.0%	——	$978M+21.3%	$884M+29.8%	$888M+44.9%
Power supply cost	$691M+12.4%	——	$687M+22.7%	$603M+25.9%	$615M+26.0%
Preferred Stock Dividends and Other Adjustments	$2M0.0%	——	$2M0.0%	$3M0.0%	$2M0.0%
Preferred Stock Dividends Per Share Declared	$0.260.0%	——	$0.260.0%	$0.260.0%	$0.260.0%
Proceeds from Issuance of Common Stock	$166M+5,433%	$152M+4,967%	$356M+8,800%	$14M+100%	$3M-98.9%
Debt issued (Note 13)	$258M-78.5%	$1.1B+113%	$62M-91.7%	$1.25B+1,090%	$1.2B+100%
Financing — other	-$26M+21.2%	-$5M—	$0+100%	-$27M-170%	-$33M-267%
Proceeds from (Repayments of) Short-Term Debt	$0+100%	——	——	——	-$65M+30.1%
Net additions (releases) charged to costs and expenses	$13M+8.3%	$10M+21.2%	$10M+42.9%	$8M+14.3%	$12M+20.0%
Purchased power – related parties	$20M+11.1%	$25M+38.9%	$21M+10.5%	$30M+87.5%	$18M0.0%
Repayments of Long-Term Debt	$204M-71.5%	$266M+63.2%	$43M-87.9%	$124M+8.8%	$717M+125%
Revenue From Contract With Customer Excluding Assessed Tax	$2.68B+11.6%	——	$1.98B+15.4%	$1.8B+14.1%	$2.4B+11.8%
Segment Reporting, Other Segment Item, Amount	-$61M-771%	——	-$3M+25.0%	-$5M+61.5%	-$7M+68.2%
Stock offering program maximum value	——	——	——	——	——
Taxes other than income taxes and other – net	$173M+6.8%	$135M+7.1%	$107M+8.1%	$109M+6.9%	$162M+4.5%
Additions for tax positions of prior years	$18M—	——	——	——	——
EBITDA	$902M+2.3%	$777M+3.5%	$769M+20.2%	$605M+8.8%	$882M+13.1%
EBITDA margin	33%-3.0pp	34.8%-3.0pp	38.1%+1.3pp	32.9%-1.7pp	36%+0.2pp
EBIT	$490M-0.8%	$435M+2.4%	$481M+31.1%	$317M+12.0%	$494M+19.9%

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Questions, answered.

What is CMS Energy's revenue?: CMS Energy (CMS) generated $8.8B in revenue over the trailing twelve months, up 13.3% year over year.
Is CMS Energy profitable?: CMS Energy reported $1.1B in net income over the trailing twelve months, a 12.5% net margin.
What is CMS Energy's earnings per share?: CMS Energy's diluted EPS over the trailing twelve months is $3.62.
Where does CMS Energy's income statement data come from?: Every line is extracted from CMS Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.