Operating Expenses
Total costs & expenses
CMS Energy Total costs & expenses increased by 24.6% to $2.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.7%, from $1.95B to $2.24B. Over 4 years (FY 2021 to FY 2025), Total costs & expenses shows an upward trend with a 2.5% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2013
Last reportedQ1 2026Apr 28, 2026
Metric ID:
total_costs_and_expensesHistorical Data
20 periods
| 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 | $1.31B | $1.47B | $1.83B | $1.92B | $1.68B | $1.77B | $2.01B | $1.97B | $1.31B | $1.4B | $1.54B | $1.76B | $1.32B | $1.38B | $1.56B | $1.95B | $1.52B | $1.54B | $1.8B | $2.24B |
| QoQ Change | — | +12.2% | +24.8% | +4.9% | -12.4% | +5.1% | +13.6% | -1.8% | -33.5% | +6.9% | +10.1% | +14.2% | -24.9% | +3.9% | +13.7% | +24.9% | -22.1% | +1.2% | +16.8% | +24.6% |
| YoY Change | — | — | — | — | +28.7% | +20.5% | +9.7% | +2.7% | -22.0% | -20.6% | -23.1% | -10.5% | +1.0% | -1.9% | +1.3% | +10.7% | +14.9% | +11.9% | +15.0% | +14.7% |
Range$1.31B – $2.24B
CAGR+12.0%
Avg YoY Growth+3.3%
Median YoY Growth+6.2%
Current Streak3 quarters growth
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Electric Utility | $1.1B | $1.1B | $1.23B | — | $1.19B |
| Gas Utility | $738M | $322M | $201M | — | $911M |
| NorthStar Clean Energy | $116M | $100M | $107M | $113M | $138M |
| Total | $1.95B | $1.52B | $1.54B | $1.8B | $2.24B |
Total costs & expenses at Other Companies
Frequently Asked Questions
- What is CMS Energy's total costs & expenses?
- CMS Energy (CMS) reported total costs & expenses of $2.24B in Q1 2026.
- How has CMS Energy's total costs & expenses changed year-over-year?
- CMS Energy's total costs & expenses increased by 14.7% year-over-year, from $1.95B to $2.24B.
- What is the long-term trend for CMS Energy's total costs & expenses?
- Over 4 years (2021 to 2025), CMS Energy's total costs & expenses has grown at a 2.5% compound annual growth rate (CAGR), from $6.18B to $6.81B.