Growth Metrics

Cms Energy (CMS) Operating Expenses (2016 - 2026)

Cms Energy filings provide 18 years of Operating Expenses readings, the most recent being $2.2 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 14.7% to $2.2 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $7.1 billion, a 14.19% increase, with the full-year FY2025 number at $6.8 billion, up 13.01% from a year prior.
  • Operating Expenses hit $2.2 billion in Q1 2026 for Cms Energy, up from $1.8 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.2 billion in Q1 2026 to a low of $1.3 billion in Q2 2023.
  • Median Operating Expenses over the past 5 years was $1.7 billion (2022), compared with a mean of $1.7 billion.
  • Biggest five-year swings in Operating Expenses: rose 28.71% in 2022 and later dropped 23.07% in 2023.
  • Cms Energy's 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 increased by 24.58% to $2.2 billion in 2026.
  • The last three reported values for Operating Expenses were $2.2 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.5 billion (Q3 2025) per Business Quant data.