Cms Energy (CMS) Operating Expenses (2009 - 2026)

Cms Energy (CMS) has reported Operating Expenses for 18 consecutive years, with $3.8 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 150.16% year-over-year to $3.8 billion; the trailing twelve-month figure through Jun 2026 stood at $9.4 billion (up 46.29% YoY), and the FY2025 full-year result was $6.8 billion, up 13.01% from the prior year.
• Operating Expenses grew to $3.8 billion in Q2 2026 per CMS's latest filing, from $2.2 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $3.8 billion in Q2 2026 and bottomed at $1.3 billion in Q2 2023.
• Historically, Operating Expenses has averaged $1.8 billion across 5 years, with a median of $1.7 billion in 2022.
• The sharpest annual moves came in 2023 and 2026: Operating Expenses fell 23.07% in 2023, then jumped 150.16% in 2026.
• Over 5 years, Operating Expenses stood at $2.0 billion in 2022, then dropped by 23.07% to $1.5 billion in 2023, then increased by 1.3% to $1.6 billion in 2024, then increased by 14.96% to $1.8 billion in 2025, then jumped by 111.62% to $3.8 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $3.8 billion, $2.2 billion, and $1.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.