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

Cms Energy's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.2 billion for Q1 2026.

• On a quarterly basis, Operating Expenses rose 14.7% year-over-year to $2.2 billion in Q1 2026; TTM through Mar 2026 was $7.1 billion, a 14.19% increase from a year earlier, with the FY2025 full-year figure at $6.8 billion, up 13.01% from the prior year.
• Operating Expenses advanced to $2.2 billion in Q1 2026 per CMS's latest filing, from $1.8 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $2.2 billion in Q1 2026 and bottomed at $1.3 billion in Q2 2023.
• The 5-year median for Operating Expenses is $1.7 billion (2022), against an average of $1.7 billion.
• Across the five-year window, Operating Expenses climbed 28.71% in 2022 and retreated 23.07% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $2.0 billion in 2022, then slipped by 23.07% to $1.5 billion in 2023, then grew by 1.3% to $1.6 billion in 2024, then grew by 14.96% to $1.8 billion in 2025, then grew by 24.58% to $2.2 billion in 2026.
• Per Business Quant, the three latest CMS Operating Expenses figures stand at $2.2 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.5 billion (Q3 2025).