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Cms Energy (CMS) Operating Expenses (2016 - 2025)

Cms Energy (CMS) has 16 years of Operating Expenses data on record, last reported at $1.5 billion in Q3 2025.

  • For Q3 2025, Operating Expenses rose 11.92% year-over-year to $1.5 billion; the TTM value through Dec 2025 reached $5.0 billion, down 16.82%, while the annual FY2025 figure was $1.1 billion, 81.77% down from the prior year.
  • Operating Expenses reached $1.5 billion in Q3 2025 per CMS's latest filing, up from $1.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.0 billion in Q4 2022 and bottomed at $1.3 billion in Q2 2021.
  • Average Operating Expenses over 5 years is $1.6 billion, with a median of $1.5 billion recorded in 2025.
  • Peak YoY movement for Operating Expenses: rose 25.54% in 2021, then decreased 23.07% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $1.5 billion in 2021, then surged by 37.0% to $2.0 billion in 2022, then fell by 23.07% to $1.5 billion in 2023, then grew by 1.3% to $1.6 billion in 2024, then decreased by 1.53% to $1.5 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $1.5 billion in Q3 2025, $1.5 billion in Q2 2025, and $2.0 billion in Q1 2025.