CMS CMS ENERGY CORP revenue, earnings and financials

For the quarter ended June 30, 2026, CMS ENERGY CORP reported revenue of $1.83B (down 0.5% from a year earlier), net income of $120M and diluted EPS of $0.37; over the last four quarters revenue was $8.81B and net income $1.03B; for the fiscal year ended December 2025 revenue was $8.54B, up 13.6% on the year before.

CMS annual revenue and earnings

• Fiscal year ended Dec 2025: revenue $8.54B, gross profit n/a, operating income $1.73B, net income $1.07B (margin 12.5%), EPS $3.53
• Fiscal year ended Dec 2024: revenue $7.52B, gross profit n/a, operating income $1.49B, net income $1.00B (margin 13.3%), EPS $3.33
• Fiscal year ended Dec 2023: revenue $7.46B, gross profit n/a, operating income $1.24B, net income $887M (margin 11.9%), EPS $3.01
• Fiscal year ended Dec 2022: revenue $8.60B, gross profit n/a, operating income $1.22B, net income $837M (margin 9.7%), EPS $2.85
• Fiscal year ended Dec 2021: revenue $7.33B, gross profit n/a, operating income $1.15B, net income $1.35B (margin 18.5%), EPS $4.66

CMS quarterly revenue and earnings

• Quarter ended Jun 30, 2026: revenue $1.83B (down 0.5% year over year), net income $120M, EPS $0.37
• Quarter ended Mar 31, 2026: revenue $2.73B (up 11.6% year over year), net income $340M, EPS $1.10
• Quarter ended Dec 31, 2025 (from the annual report): revenue $2.23B (up 12.3% year over year), net income $289M, EPS $0.94
• Quarter ended Sep 30, 2025: revenue $2.02B (up 15.9% year over year), net income $277M, EPS $0.92
• Quarter ended Jun 30, 2025: revenue $1.84B (up 14.4% year over year), net income $201M, EPS $0.66
• Quarter ended Mar 31, 2025: revenue $2.45B (up 12.5% year over year), net income $304M, EPS $1.01
• Quarter ended Dec 31, 2024 (from the annual report): revenue $1.99B (up 2.0% year over year), net income $265M, EPS $0.88
• Quarter ended Sep 30, 2024: revenue $1.74B (up 4.2% year over year), net income $253M, EPS $0.84
• Quarter ended Jun 30, 2024: revenue $1.61B (up 3.3% year over year), net income $198M, EPS $0.65
• Quarter ended Mar 31, 2024: revenue $2.18B (down 4.7% year over year), net income $287M, EPS $0.96
• Quarter ended Dec 31, 2023 (from the annual report): revenue $1.95B (down 14.4% year over year), net income $309M, EPS $1.05
• Quarter ended Sep 30, 2023: revenue $1.67B (down 17.3% year over year), net income $176M, EPS $0.60
• Quarter ended Jun 30, 2023: revenue $1.56B (down 19.0% year over year), net income $198M, EPS $0.67
• Quarter ended Mar 31, 2023: revenue $2.28B (down 3.8% year over year), net income $204M, EPS $0.69
• Quarter ended Dec 31, 2022 (from the annual report): revenue $2.28B (up 12.1% year over year), net income $171M, EPS $0.58
• Quarter ended Sep 30, 2022: revenue $2.02B (up 17.3% year over year), net income $165M, EPS $0.56
• Quarter ended Jun 30, 2022: revenue $1.92B (up 23.2% year over year), net income $148M, EPS $0.50
• Quarter ended Mar 31, 2022: revenue $2.37B (up 17.9% year over year), net income $353M, EPS $1.21
• Quarter ended Dec 31, 2021: revenue $2.03B, net income $639M, EPS $2.20
• Quarter ended Sep 30, 2021: revenue $1.73B, net income $189M, EPS $0.64

CMS cash flow, buybacks and dividends

• Fiscal year ended Dec 2025: operating cash flow $2.24B, share buybacks n/a, dividends $2.17 per share
• Fiscal year ended Dec 2024: operating cash flow $2.37B, share buybacks n/a, dividends $2.06 per share
• Fiscal year ended Dec 2023: operating cash flow $2.31B, share buybacks n/a, dividends $1.95 per share
• Fiscal year ended Dec 2022: operating cash flow $855M, share buybacks n/a, dividends $1.84 per share
• Fiscal year ended Dec 2021: operating cash flow $1.82B, share buybacks n/a, dividends $1.74 per share

CMS balance sheet

• Jun 30, 2026: cash $241M, total assets $40.9B, total liabilities n/a, shareholders' equity $9.77B, long-term debt $18.2B
• Mar 31, 2026: cash $175M, total assets $40.3B, total liabilities n/a, shareholders' equity $9.47B, long-term debt $17.5B
• Dec 31, 2025: cash $509M, total assets $39.9B, total liabilities n/a, shareholders' equity $9.14B, long-term debt $17.8B
• Sep 30, 2025: cash $362M, total assets $38.0B, total liabilities n/a, shareholders' equity $8.86B, long-term debt $16.8B
• Jun 30, 2025: cash $844M, total assets $37.7B, total liabilities n/a, shareholders' equity $8.39B, long-term debt $16.8B
• Mar 31, 2025: cash $465M, total assets $36.3B, total liabilities n/a, shareholders' equity $8.34B, long-term debt $16.1B
• Dec 31, 2024: cash $103M, total assets $35.9B, total liabilities n/a, shareholders' equity $8.23B, long-term debt $15.2B
• Sep 30, 2024: cash $412M, total assets $34.8B, total liabilities n/a, shareholders' equity $8.11B, long-term debt $15.5B

What is CMS's revenue?

CMS ENERGY CORP reported $8.81B of revenue over its last four quarters, through June 30, 2026.

Is CMS profitable?

Yes. CMS ENERGY CORP earned $1.03B over the last four quarters.

What is CMS's EPS?

Diluted earnings per share over the last four quarters were $3.33; $0.37 in the latest quarter.

Does CMS pay a dividend?

CMS ENERGY CORP paid $2.17 per share in dividends in the fiscal year ended December 2025.

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