CMS ENERGY CORP
CMSEnergy & utilitiescmsenergy.com
Latest available resultsJune 30, 2026Quarter · 10-Q filed Jul 28, 2026
Results announcedOctober 27, 2026EPS vs forecast ▲ +5.8%Detailed filing pending
Next reportFebruary 3, 2027after close · forecast 1.009 $/share
Revenue
$1.83B
▼ -0.5% vs prior year YoY
Net income
$120.00M
▼ -40.3% vs prior year YoY
EPS
0.37$
▼ -43.9% vs prior year YoY
Net margin
6.6%
▼ -4.4 pp vs prior year YoY
Revenue▼ -0.5%
Margins (% of revenue)Gross N/AOperatingNet
Net income▼ -40.3%
EPS▼ -43.9%
Financial statements
View 10-Q filed July 28, 2026 on SEC ↗| Metric | Sep 2024 | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $1.74B | $1.99B | $2.45B | $1.84B | $2.02B | $2.23B | $2.73B | $1.83B | ▼ -0.5% |
| Gross profitnever filed | — | — | — | — | — | — | — | — | — |
| Operating income | $367.00M | $425.00M | $494.00M | $317.00M | $481.00M | $435.00M | $490.00M | $264.00M | ▼ -16.7% |
| Net income | $253.00M | $265.00M | $304.00M | $201.00M | $277.00M | $289.00M | $340.00M | $120.00M | ▼ -40.3% |
| R&Dnever filed | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | 0.84 $ | — | 1.01 $ | 0.66 $ | 0.92 $ | — | 1.10 $ | 0.37 $ | ▼ -43.9% |
| Margins (% of revenue) | |||||||||
| Gross | — | — | — | — | — | — | — | — | — |
| Operating | 21.1 % | 21.4 % | 20.2 % | 17.2 % | 23.8 % | 19.5 % | 17.9 % | 14.4 % | ▼ -2.8 pt |
| Net | 14.5 % | 13.3 % | 12.4 % | 10.9 % | 13.7 % | 12.9 % | 12.5 % | 6.6 % | ▼ -4.4 pt |
| Balance sheet | |||||||||
| Assets | $34.82B | $35.92B | $36.30B | $37.70B | $38.01B | $39.94B | $40.28B | $40.91B | ▲ +8.5% |
| Liabilities | $26.18B | $27.17B | $27.37B | $28.73B | $28.58B | $30.23B | $30.23B | $30.51B | ▲ +6.2% |
| Equity | $8.64B | $8.75B | $8.92B | $8.97B | $9.43B | $9.71B | $10.05B | $10.40B | ▲ +15.9% |
| Cash | $412.00M | $103.00M | $465.00M | $844.00M | $362.00M | $509.00M | $175.00M | $241.00M | ▼ -71.4% |
| Capital | |||||||||
| Shares outstanding | 298.78M | 298.79M | 299.12M | 299.34M | 304.32M | 306.42M | 308.92M | 313.58M | ▲ +4.8% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.