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

Cms Energy's (CMS) quarterly Operating Income came in at $490.0 million in Q1 2026, down 0.81% year-on-year from $494.0 million in Q1 2025, and up 12.64% quarter-over-quarter from $435.0 million in Q4 2025.

Cms Energy (CMS) Operating Income (2009 - 2026) Analysis & Trends

Cms Energy's Operating Income history runs 18 years deep, the most recent figure standing at $490.0 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 0.81% year-over-year to $490.0 million in Q1 2026; TTM through Mar 2026 was $1.7 billion, a 9.82% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 16.14% from the prior year.
  • Operating Income improved to $490.0 million in Q1 2026 per CMS's latest filing, from $435.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $494.0 million in Q1 2025 and bottomed at $239.0 million in Q2 2022.
  • The 5-year median for Operating Income is $367.0 million (2024), against an average of $362.5 million.
  • Biggest YoY gain for Operating Income was 49.82% in 2023; the steepest drop was 31.14% in 2023.
  • Year by year, Operating Income stood at $271.0 million in 2022, then jumped by 49.82% to $406.0 million in 2023, then gained by 4.68% to $425.0 million in 2024, then increased by 2.35% to $435.0 million in 2025, then advanced by 12.64% to $490.0 million in 2026.
  • Per Business Quant, the three latest CMS Operating Income figures stand at $490.0 million (Q1 2026), $435.0 million (Q4 2025), and $481.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 1.08 Bn
2 Dominion Energy 62.80 Bn 67.01 Bn - 1.39 Bn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 754.00 Mn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 980.00 Mn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 532.00 Mn
7 Edison International 30.65 Bn 30.49 Bn - 2.75 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 828.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 490.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 490.00 Mn
Dec 31, 2025 435.00 Mn
Sep 30, 2025 481.00 Mn
Jun 30, 2025 317.00 Mn
Mar 31, 2025 494.00 Mn
Dec 31, 2024 425.00 Mn
Sep 30, 2024 367.00 Mn
Jun 30, 2024 283.00 Mn
Mar 31, 2024 412.00 Mn
Dec 31, 2023 406.00 Mn
Sep 30, 2023 271.00 Mn
Jun 30, 2023 244.00 Mn
Mar 31, 2023 314.00 Mn
Dec 31, 2022 271.00 Mn
Sep 30, 2022 258.00 Mn
Jun 30, 2022 239.00 Mn
Mar 31, 2022 456.00 Mn
Dec 31, 2021 204.00 Mn
Sep 30, 2021 260.00 Mn
Jun 30, 2021 252.00 Mn